Market at a glance

U.S.-based buyout and mezzanine fundraising grew by about $3.6 billion in the past two weeks, bringing the yearly total to $163.2 billion. This year’s total is $12.3 billion higher than the comparable tally last year.

Comvest Investment Partners wrapped up its fifth flagship fund, closing with $893 million on a $700 million target. Thomas H. Lee Partners has gotten to the halfway point for Thomas H. Lee Equity Fund VII LP. The buyout fund has pooled a little over $1.5 billion towards its $3 billion goal. JLL Partners is closing in on the $1 billion it seeks for its seventh primary fund. JLL Partners Fund VII has raised $800 million and is expected to hold a final close sometime in the first quarter of next year. Arsenal Capital Partners has readied Fund IV for launch. Arsenal Capital Partners IV LP has set a target of $1.25 billion.

The completed deals side had two strong weeks, seeing its 2015 total climb by $7.2 billion. Of the deals with disclosed values that took place, there was one large deal that spearheaded the surge. Home Properties Inc, a Rochester, New York-based real estate investment trust, was bought out by Lone Star Funds for a shade over $6.8 billion. Home Properties, founded in 1967, owns and operates apartment communities up and down the East Coast. The two deals next in line were substantially smaller in value. JobKorea Co Ltd, an online recruiting service provider, was acquired by H&Q Asia Pacific Ltd for the equivalent of $85 million. The third place deal by value in the past two weeks was the purchase of a manufacturer and wholesaler of home fragrance products. The Carlyle Group purchased Greenwich, Connecticut-based Blyth Inc for about $83 million.