Rockwood Capital wraps up 10th real estate fund at $1.1 bln

By Iris Dorbian — 3 days ago

Rockwood Capital LLC has closed its 10th real estate fund at a hard cap of $1.1 billion. Rockwood Capital Real Estate Partners Fund X LP will target office, residential, retail and hotel assets in the U.S. The fund’s investor base include public and private pension funds, foundations, endowments, insurance companies, funds of funds, family offices and high-net worth individuals. Park Madison Partners was Fund X’s placement agent in North America while Threadmark LLP was the fund’s European counterpart.

Continue

Tenzing Private Equity closes inaugural fund

By Iris Dorbian — 3 days ago

London-based Tenzing Private Equity, a mid-market private equity firm, has raised 200 million pounds at a hard cap for its oversubscribed debut fund. The target was 150 million pounds. Tenzing Private Equity I LP will focus on making investments between 10 million pounds and 50 million pounds in a wide variety of sectors. Proskauer advised Tenzing on the fundraising.

Continue

Rock Hill collects $150.6 mln for third fund

By Iris Dorbian — 5 days ago

Rock Hill Capital Group LLC has raised $150.6 million for its third fund. The Houston-based private equity firm Rock Hill focuses on companies whose EBITDA is between $4 million and $10 million. Aqueduct Capital Group served as the placement agent for Rock Hill Capital III while Proskauer Rose LLP provided legal advice for the fund.

Continue

Serena Capital launches fund to invest in big data, artificial intelligence

By Luisa Beltran — 5 days ago

Serena Capital said Jan. 17 that it has launched Serena Data Ventures, a fund dedicated to investing in big data and artificial intelligence in Europe. Institutional investors and large corporate groups have committed close to 80 million euros ($85.7 million) to Serena Data Ventures. The new fund will invest between 500,000 and 3 million Euros in the first financing rounds. Serena Data has invested in Heuritech, a French startup that specializes in deep learning technologies.

Continue

L Catterton in talks to raise $531 mln Europe fund

By Luisa Beltran — 6 days ago

L Catterton is in talks to raise a 500 million euro ($531 million) buyout fund targeting Europe-based companies in the consumer sector, Dow Jones reported. The fund will invest in midmarket companies in Europe across a number of consumer subsectors including food, retail, fashion, consumer products and services, the story said.

Continue