Steve Gelsi

Trilantic Capital Partners filed plans to raise up to $500 million in its first energy fund, Trilantic Energy Partners, as the New York firm continues its fundraising efforts after wrapping up its latest flagship fund late last year.

Thomas H. Lee Partners is talking to prospective investors about a flagship fund of $3 billion as a follow-up to its $10 billion predecessor, according to sources familiar with the firm.

Cressey & Co is talking to limited partners about its second fund since spinning out from the former Thoma Cressey Bravo in 2008, with a target of $400 million and a hard cap of $500 million, according to a source.

Thoma Bravo has closed Thoma Bravo Fund XI LP after less than six months in the Chicago and San Francisco-based buyout firm’s most rapid fundraising cycle yet,  just two years after  its predecessor fund raised $1.7 billion.

In its first buyout fund since Florida-based Blue Sea Capital was formed by executives at Brockway Moran & Partners, the firm has raised $312 million, beating its target by $42 million, according to a source familiar with the firm.

Tony Ressler, who co-founded Ares Management after his role in the 1990s as a founding member of Apollo Global Management, is emerging with common unit holdings valued at about $900 million after the initial public offering of Ares Management as the first private equity firm to float common units in two years.

With its latest flagship fund tipping the scales at $13 billion and a growing stable of buyout vehicles cutting across categories and geographies, The Carlyle Group still maintains a focus on mid-market deals with its Carlyle Equity Opportunity Fund.

Carlyle Group said it raised $5.5 billion in capital for various funds in the first quarter, putting the firm on pace to exceed its target of $15 billion to $20 billion in fresh capital for 2014, according to the firm’s first-quarter conference call with analysts.