Kohlberg Kravis Roberts & Co said it expects KKR North America Fund XII to exceed the $8 billion raised by its predecessor, as it takes aim at a more favorable deal market.
ACON Investments has pulled in $578.2 million in commitments for its fourth flagship fund, marking the international buyout shop’s rapid return to the fundraising market, according to filings.
Buyouts sat down and talked with Jim Gasperoni, who leads the real assets investment program at FLAG Capital, on LP appetite around energy opportunities in the environment of depressed oil prices.
Cinven is readying a formal fundraising effort this fall for its sixth flagship fund, targeting about $5.5 billion with about half of the commitments expected to come from U.S. limited partners seeking access to European buyouts, according to two sources familiar with the firm.
Trive Capital is moving quickly through fundraising on its sophomore investment vehicle that is targeting up to $500 million for complex situations and corporate carve-outs in the lower middle market, according to two people with knowledge of the firm.
Boston-based Audax Group has put its acquisitive portfolio company Koda Distribution Group up for sale in a deal that could fetch up to $360 million for the chemical products specialist, according to sources.
Sterling Group, the Houston-based middle-market firm, took about three months of formal fundraising to raise the largest buyout pool in its history, with $1.25 billion in commitments for Sterling Group Partners IV.
The Carlyle Group has drawn in nearly $108 million for Carlyle Private Equity Access Fund 2014 since last November, as the New York firm reaches out to high net-worth individuals to broaden its investor base beyond big institutions.
Vista Equity Partners is mulling potential acquisitions at or above $10 billion, with valuations below peak levels in the tech sector despite lofty prices, said the firm’s Chief Executive Officer Robert Smith.
He didn’t drop a bombshell like his predecessor did a year ago, but Marc Wyatt, the SEC’s top examiner for the private equity industry, said the regulator continues to see problems that need to be fixed.
Altegris has been cleared by regulators to offer accredited individuals exposure to Kohlberg Kravis Roberts & Co private equity funds.
Money raised outside of traditional private equity funds for co-investments, separate accounts and direct investments continues to pile up under a newer fundraising data point often described as shadow capital.
Allan Holt, co-head of Carlyle’s U.S. Buyout Group, spoke with us about the firm’s top-quartile Fund IV and how it recovered from an early slip.
Bain Capital sees an IPO in the cards for cybersecurity company Blue Coat Systems Inc, according to a deal-maker for the marquee private equity firm.
The Vistria Group, co-founded by Marty Nesbitt, a longtime friend of President Barack Obama, has drawn commitments in the high $200 million range toward a $350 million goal.
The director of the Teacher Retirement System of Texas’s emerging manager program answers five questions, including what TRS looks for in emerging managers, if the funds it has committed to share any traits, and what the future holds.
TPG Capital LP drew in $6.5 billion in commitments for its first close on TPG Partners VII, its newest flagship fund that offered discounts on management fees for early investors, according to a person familiar with the firm.
Twin Brook Capital Partners is seeking $500 million for a middle-market direct lending fund as it kicks off as a new unit of Angelo Gordon & Co headed by two former executives from Madison Capital Funding.