Trusted Insighthttp://thetrustedinsight.com/2017-07-25T10:06:12.289329-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Oak Hill Capital Partners Holds Final Close On $2.65B Fourth Fund
2017-07-25T10:06:12.289329-04:00https://www.thetrustedinsight.com/investment-news/oak-hill-capital-partners-holds-final-close-on-265b-fourth-fund-20170725173/
<p>Private equity company Oak Hill Capital Partners has raised $2.65 billion for its fourth buyout fund, easily surpassing both its $2.0 billion target and its $2.5 billion hard cap. </p>
<p>The new fund, named Oak Hill Capital Partners IV, was significantly oversubscribed, the company said in a statement. The fund will follow Oak Hill’s longstanding theme-based investment philosophy and systematic approach. </p>
Diversified Trust Launches 6th Private Equity Fund
2017-06-12T17:13:56.161801-04:00https://www.thetrustedinsight.com/investment-news/diversified-trust-launches-6th-private-equity-fund-20170612272/
Nashville-based wealth manager Diversified Trust has launched its sixth private equity fund, utilizing a fund-of-funds approach that plans to hold a final close in June of next year and allocate to around 20 fund managers.
CHAMP Private Equity Raises $735M For Fourth Fund
2017-05-22T16:41:20.486064-04:00https://www.thetrustedinsight.com/investment-news/champ-private-equity-raises-735m-for-fourth-fund-20170522748/
Sydney-based CHAMP Private Equity has closed fundraising for its fourth fund at $735 million, as revealed by Street Talk on Monday. CHAMP has notified investors that it has reached a final close for "CHAMP IV" which includes $735 million in funds raised and co-investment arrangements which means the firm has close to $1 billion for acquisitions.
NewSpring Capital’s Fourth Growth Fund Raises $280M
2017-05-12T17:56:06.526658-04:00https://www.thetrustedinsight.com/investment-news/newspring-capitals-fourth-growth-fund-raises-280m-1-20170512481/
NewSpring Capital, a family of private equity funds providing growth and expansion capital, today announced the final close of NewSpring Growth Capital IV, L.P. The Fund successfully raised $280 million, making it the largest growth fund to date and bringing NewSpring’s total assets under management to $1.7 billion.
Bain Capital Closes In On Big New Fund
2017-05-08T16:28:30.278900-04:00https://www.thetrustedinsight.com/investment-news/bain-capital-closes-in-on-big-new-fund-20170508284/
Bain Capital is now oversubscribed for its twelfth flagship buyout fund, according to multiple sources. It is expected to be capped a bit higher than the $7.3 billion vehicle closed in early 2014, with a final close slated for the end of July. Like in the past couple of Bain Capital funds, limited partners will have several choices in terms of fee structures.
High Street Raises $350M For Core-Plus Industrial Fund
2017-05-04T10:21:05.849045-04:00https://www.thetrustedinsight.com/investment-news/high-street-raises-350m-for-core-plus-industrial-fund-20170504150/
High Street Realty Co. held final close on its High Street Real Estate Fund V reaching total equity commitments of $353 million. Utilizing leverage of 50%, Fund V will seek to acquire $700 million of assets in its target markets.
Gaw Capital Closes On $1.3B Gateway Real Estate Fund V
2017-04-17T16:26:04.324081-04:00https://www.thetrustedinsight.com/investment-news/gaw-capital-closes-on-13b-gateway-real-estate-fund-v-20170417637/
Gaw Capital Partners has raised a total of $1.3 billion for its latest private equity real estate investment vehicle, as the Hong Kong-based firm announced a final close of its Gateway Real Estate Fund V last week. 46 percent of... Read More>>
Blackstone To Reach €7.5B In June For European Opportunity Fund
2017-04-14T16:26:17.623295-04:00https://www.thetrustedinsight.com/investment-news/blackstone-to-reach-75b-in-june-for-european-opportunity-fund-20170414601/
<p>The Blackstone Group expects to reach a final close in June for its latest European opportunistic real estate fund in June, hitting its ‘hard cap’ of €7.5bn.</p>
Genstar Fund VIII Closes With $3.95B Of Capital
2017-03-27T17:43:31.613159-04:00https://www.thetrustedinsight.com/investment-news/genstar-fund-viii-closes-with-395b-of-capital-20170327861/
Genstar Capital said March 27 that its latest flagship fund closed on $3.95 billion of capital. The final close of Genstar Capital Partners VIII included $3.1 billion of limited partner capital commitments and $650 million of overage capacity from select LPs. Another $200 million came from the GP and affiliated entities. Evercore Partners served as placement agent for the fund, while Weil, Gotshal & Manges LLP provided legal advice.
Singapore's Vertex Ventures To Beat $150M Target For SE Asia & India Focused Fund
2017-03-20T11:27:45.333113-04:00https://www.thetrustedinsight.com/investment-news/singapores-vertex-ventures-to-beat-150m-target-for-se-asia-india-focused-fund-20170320650/
Vertex Ventures, the venture capital arm of Singapore-based investment company Temasek Holdings Ltd, is raising a new fund that is focused on Southeast Asia and India and is set to surpass its target of $150 million for this vehicle when it hits the final close over the next few of months, a top executive with the firm told this portal.
NewSpring Capital Raises $257M Mezzanine Fund
2017-03-13T14:52:49.650303-04:00https://www.thetrustedinsight.com/investment-news/newspring-capital-raises-257m-mezzanine-fund-20170313413/
NewSpring Capital, a family of private equity funds providing growth and expansion capital, today announced the final close of its third mezzanine fund, NewSpring Mezzanine Capital III, L.P.
QIC Announces $1.78B Final Close On Global Infrastructure Fund
2017-03-08T16:13:52.385353-05:00https://www.thetrustedinsight.com/investment-news/qic-announces-178b-final-close-on-global-infrastructure-fund-20170308269/
Australian alternative investment manager QIC has announced the final close of its QIC Global Infrastructure Fund, raising A$2.35 billion ($1.78 billion) in capital commitments and hitting the vehicles hard cap 18 months after launch.
IDG Ventures India Closes Third Fund At $200M
2017-03-07T16:09:33.295067-05:00https://www.thetrustedinsight.com/investment-news/idg-ventures-india-closes-third-fund-at-200m-20170307211/
Bengaluru-based venture capital firm IDG Ventures India has made the final close of its third fund meeting its target of $200 million.
J.F. Lehman & Company Holds Final Close On Fourth Fund At $833M And Hits Hard Cap
2017-03-03T16:35:42.867186-05:00https://www.thetrustedinsight.com/investment-news/jf-lehman-company-holds-final-close-on-fourth-fund-at-833m-and-hits-hard-cap-20170303106/
Capital commitments were secured from a diversified group of more than four dozen institutions based in North America and Europe. Investors include leading public and private pension funds, insurance companies, fund-of-funds, family offices, endowments and foundations. Additional commitments were provided by members of J.F. Lehman & Company's Operating Executive Board, individual investors and the firm's general partners.
Vanedge Capital Raises $161M In Final Close Of Second IT Fund
2017-02-24T13:31:43.883772-05:00https://www.thetrustedinsight.com/investment-news/vanedge-capital-raises-161m-in-final-close-of-second-it-fund-20170224839/
Fund II, which invests in early-stage companies in cloud computing, artificial intelligence, cyber security, SaaS and digital media, closed with an additional investment from HarbourVest Partners. HarbourVest joins existing limited partners, including BDC Capital, Export Development Canada, Kensington Capital, Nicola Wealth Management and BC Tech Fund.
India-Focussed PE Firm ChrysCapital Closes Seventh Fund At Over $600M
2017-02-22T16:36:30.460279-05:00https://www.thetrustedinsight.com/investment-news/india-focussed-pe-firm-chryscapital-closes-seventh-fund-at-over-600m-20170222746/
<p>India-focussed private equity firm, ChrysCapital, has made the final close of its seventh fund at over $600 million from investors such as Singapore’s GIC and Harvard Management Company.</p>
IDG Ventures India To Hit Final Close Of Third Fund, IFC To Join As An Investor
2017-01-30T09:47:04.585554-05:00https://www.thetrustedinsight.com/investment-news/idg-ventures-india-to-hit-final-close-of-third-fund-ifc-to-join-as-an-investor-20170130929/
Bengaluru-based venture capital firm IDG Ventures India is set to close its third $200 million fund soon, and it may see International Finance Corp (IFC), the private investment arm of the World Bank, come in as an investor, as per The Economic Times report.
Saama Capital Hits Final Close Of Third Fund At $58M
2017-01-19T15:32:57.216887-05:00https://www.thetrustedinsight.com/investment-news/saama-capital-hits-final-close-of-third-fund-at-58m-20170119597/
The VC firm has also made several exits including Snapdeal last year. TutorVista, Sula Vineyards, App Labs and Prizm Payment Services are some of its other exits.
Neuberger Berman Raises $2.5B For Fourth Global Private Equity Secondary Fund
2017-01-09T12:00:21.418432-05:00https://www.thetrustedinsight.com/investment-news/neuberger-berman-raises-25b-for-fourth-global-private-equity-secondary-fund-20170109231/
Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the final close of NB Secondary Opportunities Fund IV LP ("SOF IV"), Neuberger Berman's fourth global private equity secondary fund. SOF IV closed at $2.5 billion, surpassing its target of $2.0 billion. SOF IV, which launched in April 2016, is the successor to NB Secondary Opportunities Fund III LP, which had commitments of $2.0 billion.
Frontier Technology Fund, Exfinity Venture Partners Closes Fund II
2016-12-27T17:10:34.216034-05:00https://www.thetrustedinsight.com/investment-news/frontier-technology-fund-exfinity-venture-partners-closes-fund-ii-20161227901/
Early-stage, frontier technology fund, <a href="http://exfinityventures.com/index.html" target="_blank">Exfinity Venture Partners </a>has made a final close of its second round, Exfinity Technology Fund-Series II with a corpus of $44 Mn (INR 300 Cr). The fund is now fully subscribed and has a total of about $62 Mn (INR 420 Cr) assets under management at present, whereas its first fund had raised $17.6 Mn (INR 120 Cr).
Malaysia: PE Firm Creador Hits Final Close Of Fund III, Raises $415M
2016-12-14T11:52:40.007001-05:00https://www.thetrustedinsight.com/investment-news/malaysia-pe-firm-creador-hits-final-close-of-fund-iii-raises-415m-20161214486/
Southeast Asia and India-focused private equity (PE) firm Creador has hit the first close for its Fund III at $415 million, falling a bit short of its initial target of $450 million. The latest fund has attracted Investors including endowments, pension funds, family offices, global Fund of Funds and a development bank, Edwin Cheah, Director, Creador, told this portal.... Read more »
Seraphim Capital To Raise $100M Early Stage Space-Sector Fund
2016-11-28T11:49:29.395857-05:00https://www.thetrustedinsight.com/investment-news/seraphim-capital-to-raise-100m-early-stage-space-sector-fund-20161128759/
The fund – focussed on early stage space-related technology businesses – is targeting an £80 million ($99.6 million) final close during the next two quarters and is backed by a £30 million ($37.3 million) investment from the British Business Bank (made under its Enterprise Capital Funds programme) alongside leading international space companies, family offices and individual investors.
Warburg Pincus Nears Final Close On $2B China Fund
2016-11-15T12:56:26.680068-05:00https://www.thetrustedinsight.com/investment-news/warburg-pincus-nears-final-close-on-2b-china-fund-20161115256/
The fund is expected to hold a first and final close by the end of the year, one person said, though the unexpected result of the US election may yet hamper fundraising for funds raised by all North American managers.
Kainos Capital Raises $895M For Oversubscribed Second Fund
2016-11-02T11:29:58.328357-04:00https://www.thetrustedinsight.com/investment-news/kainos-capital-raises-895m-for-oversubscribed-second-fund-1-20161102669/
Private equity firm Kainos Capital has held a final close for its oversubscribed second buyout fund, raising $895 million in capital commitments to invest in the food and consumer industries.read more
Convergence Ventures Closes $30M Indonesia-Focussed VC Fund
2016-11-01T12:18:03.054101-04:00https://www.thetrustedinsight.com/investment-news/convergence-ventures-closes-30m-indonesia-focussed-vc-fund-20161101614/
Indonesian VC firm Convergence Ventures has announced the final close of Convergence Capital I with over $30 million in commitments, or 20% higher than the original target of $25 million.
Kainos Capital Raises $895M For Oversubscribed Second Fund
2016-11-01T11:59:28.985188-04:00https://www.thetrustedinsight.com/investment-news/kainos-capital-raises-895m-for-oversubscribed-second-fund-20161101599/
Private equity firm Kainos Capital has held a final close for its oversubscribed second buyout fund, raising $895 million in capital commitments to invest in the food and consumer industries.
Perceptive Advisors Raises $323M For Healthcare-Focused Private Credit Fund
2016-10-27T16:55:07.725665-04:00https://www.thetrustedinsight.com/investment-news/perceptive-advisors-raises-323m-for-healthcare-focused-private-credit-fund-20161027406/
Healthcare hedge fund manager Perceptive Advisors has held a final close for its Perceptive Credit Opportunities Fund, raising $323 million for investments in private credit transactions with healthcare companies. read more
Seed-Stage VC Blume Ventures Hits Final Close Of Second Fund At $60M
2016-10-24T12:39:48.018836-04:00https://www.thetrustedinsight.com/investment-news/seed-stage-vc-blume-ventures-hits-final-close-of-second-fund-at-60m-20161024129/
Out of the total, $40 million came from overseas investors—about $20-22 million came from American investors, including ICONIQ Capital, the San Francisco-based investment adviser which helps manage the fortunes of Silicon Valley billionaires such as Facebook Inc. co-founder and chief executive officer Mark Zuckerberg.
Kayne Anderson Announces New Energy Fund
2016-10-17T11:47:10.776979-04:00https://www.thetrustedinsight.com/investment-news/kayne-anderson-announces-new-energy-fund-20161017680/
Kayne Anderson Capital Advisors announced the final close of its latest energy-focused private equity fund, Kayne Anderson Energy Fund VII, L.P. The Fund was closed at its hard cap of approximately $2.0 billion in limited partner commitments and continues its focus on the upstream oil and gas sector of North America.
Kayne Anderson Raises $2B For Its Latest Energy Private Equity Fund
2016-10-14T11:10:49.817337-04:00https://www.thetrustedinsight.com/investment-news/kayne-anderson-raises-2b-for-its-latest-energy-private-equity-fund-20161014608/
<span style="font-size: small;">Kayne Anderson Capital Advisors, L.P. today announced the final close of its latest energy-focused private equity fund, Kayne Anderson Energy Fund VII, L.P. (KAEF VII or the Fund). </span>
Monroe Capital's Latest Private Credit Fund Closes With $800M
2016-10-13T11:51:40.909686-04:00https://www.thetrustedinsight.com/investment-news/monroe-capitals-latest-private-credit-fund-closes-with-800m-20161013529/
Monroe Capital LLC today announced the final close of Monroe Capital Private Credit Fund II LP (“Fund”) at $800 million of limited partner commitments, eclipsing the Fund target of $600 million.
Penfund Closes $724M Fifth Fund
2016-10-04T10:54:38.745175-04:00https://www.thetrustedinsight.com/investment-news/penfund-closes-724m-fifth-fund-20161004119/
TORONTO, ONTARIO--(Marketwired - Oct. 3, 2016) -Penfund announced today that it has recently completed the final close of its fifth fund, Penfund Capital Fund V, with committed capital of $724 million (CDN). This amount materially exceeds the $460 million committed to Penfund Capital Fund IV in 2012 and Fund V's original fundraising target of $525 million. Penfund is grateful for the consistent support of its long standing Canadian investors and is delighted to have established new relationships with a number of leading American, European and Middle Eastern investors.
Mayfair Raises 400M Pounds For Inaugural Fund
2016-09-29T11:51:56.493730-04:00https://www.thetrustedinsight.com/investment-news/mayfair-raises-400m-pounds-for-inaugural-fund-20160929920/
Mayfair Equity Partners (“Mayfair”), the buyout and growth capital investor providing capital to dynamic businesses in the Technology and Consumer sectors, has achieved a final close on its maiden fund, Mayfair Equity Partners Fund I LP (the “Fund”), at £400 million, exceeding its target of £350 million. In addition, the Fund also has access to significant co-investment capital.
Align Capital Partners Fund I Closes At $325M
2016-09-19T12:00:27.557669-04:00https://www.thetrustedinsight.com/investment-news/align-capital-partners-fund-i-closes-at-325m-20160919354/
Align Capital Partners, LP announced the first and final close of its inaugural private equity investment fund, Align Capital Partners Fund I, LP and Align Capital Partners Fund I-A, LP (collectively, “ACP I”). Align began fundraising in June 2016 with an initial target of $250 million and closed at its hard cap of $325 million.
Kayne Private Equity Energy Fund Raises $1.55B
2016-09-01T14:45:11.426185-04:00https://www.thetrustedinsight.com/investment-news/kayne-private-equity-energy-fund-raises-155b-20160901567/
Kayne Anderson Capital Advisors has held the final close of its newest energy-focused private equity fund, the Kayne Private Energy Income Fund (KPEIF), with total capital commitments of USD1.55 billion.
Australia: Quadrant About To Make Final Close At $980M For New PE Fund
2016-08-17T12:51:39.823713-04:00https://www.thetrustedinsight.com/investment-news/australia-quadrant-about-to-make-final-close-at-980m-for-new-pe-fund-20160817827/
<span style="line-height: 20.8px;">Australia’s </span><span style="line-height: 20.8px;">Quadrant Private</span><span style="line-height: 20.8px;"> Equity</span><span style="line-height: 20.8px;"> is about to close its fifth fund at $980 million, its biggest ever, three weeks after the offer was launched.</span>
\North Castle Fund VI Raises $300M
2016-08-11T15:45:10.085709-04:00https://www.thetrustedinsight.com/investment-news/north-castle-fund-vi-raises-300m-20160811485/
North Castle Partners announced Aug 10 the final close of its sixth fund, which collected $300 million and was oversubscribed.
Milltrust Announces Final Close Of Novare Africa Property Fund, South African Pensions Invest
2016-07-19T18:10:07.370210-04:00https://www.thetrustedinsight.com/investment-news/milltrust-announces-final-close-of-novare-africa-property-fund-south-african-pensions-invest-20160719227/
Milltrust International’s strategic partner in Africa, Novare, has announced the final close at the end of June 2016 of the Novare Africa Property Fund II. The fund has a mandate to invest in retail and commercial real estate in sub-Saharan Africa outside of South Africa.
Cylance Adds Strategic Investor Citi Ventures To Series D Funding Round
2016-06-30T12:34:23.103147-04:00https://www.thetrustedinsight.com/investment-news/cylance-adds-strategic-investor-citi-ventures-to-series-d-funding-round-20160630340/
Cylance® Inc., the first cybersecurity company to successfully apply artificial intelligence algorithms to predictively identify and stop malware and advanced threats, today announced the final close of its $100 million Series D...
NewQuest Capital Closes Third Fund At $540M
2016-06-21T10:32:33.066176-04:00https://www.thetrustedinsight.com/investment-news/newquest-capital-closes-third-fund-at-540m-20160621827/
Asian direct secondaries private equity firm NewQuest Capital Partners has completed the final close of its third dedicated secondary fund, NewQuest Asia Fund III, L.P., at over US$540 million in total commitments, according to a company announcement.
SilkRoad Property Partners Closes $445M Fund
2016-06-16T11:00:17.795885-04:00https://www.thetrustedinsight.com/investment-news/silkroad-property-partners-closes-445m-fund-20160616601/
A Singapore-based property fund has reached a final close on its oversubscribed real estate fund, a Singapore giant hopes to back the next real estate tech unicorn, and Hong Kong’s developer pile on the incentives as the market slides.
Brookfield Closes $4B Private Equity Fund
2016-06-01T14:39:37.064790-04:00https://www.thetrustedinsight.com/investment-news/brookfield-closes-4b-private-equity-fund-20160601680/
Brookfield Asset Management Inc. today announced that it held the final close of Brookfield Capital Partners IV with an aggregate of US$4 billion of equity commitments.
PGIM Real Estate Closes On $642M APAC Fund
2016-05-27T16:25:07.524967-04:00https://www.thetrustedinsight.com/investment-news/pgim-real-estate-closes-on-642m-apac-fund-20160527465/
A US real estate investment firm has reached a final close of $645 million on a fund covering Australia, China, Japan, Malaysia, Singapore, Hong Kong and South Korea.
PGIM Real Estate Hits Final Close For APAC-Focussed Fund At $646.2M
2016-05-25T13:50:08.041949-04:00https://www.thetrustedinsight.com/investment-news/pgim-real-estate-hits-final-close-for-apac-focussed-fund-at-6462m-20160525296/
The US-based firm, formerly known as Pramerica Real Estate Investors, has already deployed capital from the fund in Sydney, Kuala Lumpur, Shanghai and Tokyo.
Novacap Industries IV Closes Above Target At $470M
2016-05-12T10:43:56.987293-04:00https://www.thetrustedinsight.com/investment-news/novacap-industries-iv-closes-above-target-at-470m-20160512338/
Novacap, one of Canada’s oldest private equity firms, surpassed its target for the final close of Novacap Industries IV, raising the largest partnership in its history.
BlackRock Private Equity Fund Reaches Final Close
2016-05-05T13:44:20.796919-04:00https://www.thetrustedinsight.com/investment-news/blackrock-private-equity-fund-reaches-final-close-20160505907/
<p>BlackRock has completed the final close of its BlackRock Private Opportunities Fund III with over $630m in total commitments from a mixture of public and private North American and European sources.</p>
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Paypal Co-Founder Peter Thiel’s Mithril Capital Targeting $600M For Its Second Fund
2016-04-04T11:22:42.996016-04:00https://www.thetrustedinsight.com/investment-news/paypal-co-founder-peter-thiels-mithril-capital-targeting-600m-for-its-second-fund-20160404572/
<p>PayPal co-founder Peter Thiel’s Mithril Capital Management is officially out targeting up to $600m for its second fund in three years. Hitting that amount would see the firm just pip the $540m it raised for its debut vehicle in 2013, but the firm has already passed that amount in subscriptions and could hit $1bn before hitting a final close according to Techcrunch, which cited unnamed sources.</p>
Silver Oak Closes Fund III On $335M Hard Cap
2016-03-21T14:00:23.869279-04:00https://www.thetrustedinsight.com/investment-news/silver-oak-closes-fund-iii-on-335m-hard-cap-20160321941/
Chicago-based private equity firm Silver Oak Services Partners has held the final close for its third fund on the hard cap of $335m.
Could Dunedin Wind-up Prove A Winner For Investors?
2016-03-12T09:30:15.718188-05:00https://www.thetrustedinsight.com/investment-news/could-dunedin-wind-up-prove-a-winner-for-investors-20160312410/
Dunedin Enterprise looks likely to become the latest private equity trust to wind up, in a move that could represent an opportunities for patient investors.
Enko Capital Hits $83.5M With Final Close Of Debut Fund
2016-03-11T12:30:23.534710-05:00https://www.thetrustedinsight.com/investment-news/enko-capital-hits-835m-with-final-close-of-debut-fund-20160311375/
The fund, which is Enko’s debut private equity vehicle, held a $48.25 million first close in April 2014, receiving cornerstone commitments from the African Development Bank and Soros Brothers Investments as well as a number of institutional, family office and high net worth investors.
Ardian Hits $10B Mark For Secondary Fund, Preps Final Close
2016-03-08T17:00:15.127810-05:00https://www.thetrustedinsight.com/investment-news/ardian-hits-10b-mark-for-secondary-fund-preps-final-close-20160308195/
Paris-based private equity firm Ardian is nearing a final close on its latest secondary fund, after raising $10 billion.
Mainsail Partners Closes Oversubscribed Fund IV On $384M
2016-03-04T16:30:21.714311-05:00https://www.thetrustedinsight.com/investment-news/mainsail-partners-closes-oversubscribed-fund-iv-on-384m-20160304956/
San Francisco-based growth equity and buyout firm Mainsail Partners has announced the final close of its fourth fund on $384m.
Singapore's AIP Targets $1.5bn For New Real Estate Funds
2016-02-09T14:30:20.609606-05:00https://www.thetrustedinsight.com/investment-news/singapores-aip-targets-15bn-for-new-real-estate-funds-20160209771/
Singapore-based Alpha Investment Partners (AIP) is set to launch two real estate funds with a combined capital raising target of more than $1.5bn (€1.38bn).
Niam Raises €800M For Opportunistic Nordic Real Estate Fund
2016-02-02T10:59:44.134320-05:00https://www.thetrustedinsight.com/investment-news/niam-raises-800m-for-opportunistic-nordic-real-estate-fund-20160202338/
<p style="line-height: 18.9091px;">Nordic investment manager Niam has raised €800m ($870m) for its latest opportunity fund. The Stockholm-based private equity firm completed the final close for its sixth opportunistic property fund, Niam Nordic VI.</p>
African Private Equity Fundraising Breaks Records In 2015
2016-01-27T14:47:31.327737-05:00https://www.thetrustedinsight.com/investment-news/african-private-equity-fundraising-breaks-records-in-2015-1-20160127086/
<p style="line-height: 18.9091px;">African private equity funds raised a record $3.89 billion in 2015, a 51 percent jump from the $2.57 billion they accumulated in 2014, according to data collected by Private Equity International. This is a culmination of a success story that has characterized Africa’s fundraising scene, from funds targeting the continent to startups — mostly in tech, as global investor discover the allure of the region’s business opportunities.</p>
Birch Hill Equity Partners’ Fund V Secures $1.3B In Final Close
2016-01-26T15:48:30.427241-05:00https://www.thetrustedinsight.com/investment-news/birch-hill-equity-partners-fund-v-secures-13b-in-final-close-20160126011/
<span style="line-height: 18.9091px;">Birch Hill Equity Partners is pleased to announce it has closed its fifth private equity fund, raising $1.3 billion from a broad base of international investors. The fund was oversubscribed and surpassed its target size by 30 per cent, reflecting strong interest from existing and new investors. Birch Hill will continue to invest in leading Canadian mid-sized companies in a variety of market segments.</span>
African Private Equity Fundraising Breaks Records In 2015
2016-01-22T13:09:15.309102-05:00https://www.thetrustedinsight.com/investment-news/african-private-equity-fundraising-breaks-records-in-2015-20160122919/
<p style="line-height: 18.9091px;">African private equity funds raised a record $3.89 billion in 2015, a 51 percent jump from the $2.57 billion they accumulated in 2014, according to data collected by <a href="https://www.privateequityinternational.com/magazine/africa/2015-09-01/investing-in-africa_-the-road-ahead/" target="_blank">Private Equity International</a>. This is a culmination of a success story that has characterized Africa’s fundraising scene, from funds targeting the continent to startups — mostly in tech, as global investor discover the allure of the region’s business opportunities.</p>
Neuberger Berman Private Equity Raises $1.5B For Third Co-Investment Fund
2016-01-21T10:11:26.522521-05:00https://www.thetrustedinsight.com/investment-news/neuberger-berman-private-equity-raises-15b-for-third-co-investment-fund-20160121856/
<p style="line-height: 18.9091px;">Global investment manager Neuberger Berman has announced the final close of its third global private equity co-investment fund. The company’s NB Strategic Co-Investment Partners III LP was oversubscribed, according to a statement. The fund closed on its hard cap of $1.5 billion and surpassed its target of $1.25 billion.</p>
Mandarin Capital Secures $218M For Second Fund
2016-01-14T09:57:53.514292-05:00https://www.thetrustedinsight.com/investment-news/mandarin-capital-secures-218m-for-second-fund-20160114543/
<p style="line-height: 20.8px;">Mandarin Capital Partners, a private equity firm focused on China-Europe cross-border deals, has reached the final close of its second fund with just under €200 million (US$218 million) in total commitments, according to a company announcement. The investors in the second fund include existing investors to the firm's debut vehicle such as Banca Intesa Sanpaolo, as well as new commitments from international investors including HarbourVest Partners, Neuberger Berman, LGT, and the family office of Roland Berger.</p>
Colonial First State Lines Up Second Global Infrastructure Fund
2016-01-12T16:28:22.506729-05:00https://www.thetrustedinsight.com/investment-news/colonial-first-state-lines-up-second-global-infrastructure-fund-20160112460/
<p>Colonial First State Global Asset Management is planning its second global infrastructure fund. The Sydney-based manager, owned by Australia’s largest bank, Commonwealth, is looking to raise AUD3.1bn (€2bn) for the vehicle.</p>
Canada » Information Venture Partners II Raises Initial $72.5M As Investors Warm To Fintech
2016-01-12T13:54:48.159761-05:00https://www.thetrustedinsight.com/investment-news/canada-information-venture-partners-ii-raises-initial-725m-as-investors-warm-to-fintech-20160112420/
<p>Information Venture Partners, a venture firm launched in 2014 by former RBC principals, has secured most of the $100 million target set for its second fund, as investors show a growing appetite for opportunities in North America’s financial technology sector.</p>
UBS Raises £241M For UK Real Estate Debt Fund
2016-01-11T15:34:19.806004-05:00https://www.thetrustedinsight.com/investment-news/ubs-raises-241m-for-uk-real-estate-debt-fund-20160111364/
<span style="line-height: 20.8px;">The UBS Participating Real Estate Mortgage Fund was backed by nine institutional investors from Japan, Netherlands, Germany and the UK.</span>
Vertex Ventures Closes $151M Debut Fund; Temasek Anchor LP & India’s Infosys Among Investors
2015-12-28T09:04:37.832833-05:00https://www.thetrustedinsight.com/investment-news/vertex-ventures-closes-151m-debut-fund-temasek-anchor-lp-indias-infosys-among-investors-20151228748/
<p>Palo Alto, California-based Vertex Ventures has announced a new close at $150.95 million for its inaugural early-stage fund, and DEALSTREETASIA has learnt that Singapore-state fund Temasek is the anchor investor, while Indian IT major Infosys Ltd has also come on board.</p>
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PHD Private Equity Gives Backing To 1st Class Holidays With £2.5m Investment
2015-12-24T14:30:19.222451-05:00https://www.thetrustedinsight.com/investment-news/phd-private-equity-gives-backing-to-1st-class-holidays-with-16325m-investment-20151224736/
Manchester-based business provides tailor-made holidays to destinations in Canada, the US and New Zealand
PE HUBPHD Private Equity Invests In 1st Class Holidays
2015-12-21T13:30:22.842651-05:00https://www.thetrustedinsight.com/investment-news/pe-hubphd-private-equity-invests-in-1st-class-holidays-20151221493/
PHD Private Equity, the private equity fund focused on investing in “scale up” business opportunities has invested £2.5 million in 1st Class Holidays – the UK’s leading provider of luxury tailor-made holidays to Canada based in Manchester. The £2.5 million investment will accelerate the growth ambitions of the company and will provide an exit for Finance Director and shareholder Henri Treffers. The business will continue to be led by Paul Ainsworth and Sharon Mason, who originally founded the business in 1996. The company, currently with a turnover of £16m, is based at Trafford House in, Manchester, and employs 36 people....
Blume Ventures Raises $30 Million, Looks To Invest In 35-45 Startups
2015-12-21T10:27:11.113955-05:00https://www.thetrustedinsight.com/investment-news/blume-ventures-raises-30-million-looks-to-invest-in-35-45-startups-20151221445/
Early-stage technology investor Blume Ventures has raised more than $30 million for its Fund II. This brings Blume Ventures halfway across to its Fund II target corpus of $60 million. This round was lead by ICONIQ Capital, which adds to its early supporters IIFLWealth and the Government’s India Aspiration Fund, administered through SIDBI. In July, SIDBI announced that it had set aside Rs 2,000 cr fund-of-funds for startups.
Maryland State Retirement Backs Tristan, FCP Real Estate Funds
2015-12-16T14:58:57.153937-05:00https://www.thetrustedinsight.com/investment-news/maryland-state-retirement-backs-tristan-fcp-real-estate-funds-20151216222/
<span style="line-height: 20.8px;">The US pension fund told IPE Real Estate it committed €60m to the Tristan European Property Investors Special Opportunities (EPISO) 4 and $75m (€68.1m) to FCP Realty Fund III.</span>
Maryland State Retirement Backs Tristan, FCP Real Estate Funds
2015-12-16T14:58:56.849620-05:00https://www.thetrustedinsight.com/investment-news/maryland-state-retirement-backs-tristan-fcp-real-estate-funds-20151216221/
<span style="line-height: 20.8px;">The US pension fund told IPE Real Estate it committed €60m to the Tristan European Property Investors Special Opportunities (EPISO) 4 and $75m (€68.1m) to FCP Realty Fund III.</span>
Blackstone Makes MF Bulk Buy from Greystar
2015-12-09T15:23:34.785426-05:00https://www.thetrustedinsight.com/investment-news/blackstone-makes-mf-bulk-buy-from-greystar-20151209802/
Continuing Blackstone’s recent foray into multifamily, the sale of the 32-property portfolio is “a testament to our core competency of sourcing underperforming assets and creating value,” says Greystar chairman Bob Faith.
Buyouts Snapshot: Debt specialist Ares returns with fifth PE fund
2015-10-26T17:16:09.266528-04:00https://www.thetrustedinsight.com/investment-news/buyouts-snapshot-debt-specialist-ares-returns-with-fifth-pe-fund-1-20151026330/
Aresâ previous four private equity funds netted a cumulative internal rate of return of 17 percent and a 1.6x multiple, according to fund presentation documents made public by New Mexico. Ares Corporate Opportunities Fund III has been a particularly strong performer, netting a 23 percent IRR as of June 30. Ares began marketing Fund V in the second quarter and will likely continue fundraising through the end of this year. The firm expects to hold a final close next year, Ares President and co-founder Michael Arougheti said on a second-quarter earnings call. âWeâre seeing significant early demand for this fund,â...
Buyouts Snapshot: Debt specialist Ares returns with fifth PE fund
2015-10-26T17:12:08.409192-04:00https://www.thetrustedinsight.com/investment-news/buyouts-snapshot-debt-specialist-ares-returns-with-fifth-pe-fund-20151026327/
Aresâ previous four private equity funds netted a cumulative internal rate of return of 17 percent and a 1.6x multiple, according to fund presentation documents made public by New Mexico. Ares Corporate Opportunities Fund III has been a particularly strong performer, netting a 23 percent IRR as of June 30. Ares began marketing Fund V in the second quarter and will likely continue fundraising through the end of this year. The firm expects to hold a final close next year, Ares President and co-founder Michael Arougheti said on a second-quarter earnings call. âWeâre seeing significant early demand for this fund,â...
Asia Shines In Q32015 In PE Fundraising And Deal Activity
2015-10-23T15:46:07.637647-04:00https://www.thetrustedinsight.com/investment-news/asia-shines-in-q32015-in-pe-fundraising-and-deal-activity-20151023250/
In its Q32015 update on private equity, Preqin points out that the buyout deals landscape experienced an increase in the number of transactions, but a decrease in aggregate value in Q32015. The report expresses surprise at Q32015 turning out to be the best quarter in 2015 so far in terms of aggregate capital raised, since typically the third quarter of the year is known for slow fundraising. As set forth in the graph below, there were 178 funds that reached a final close, securing an aggregate $137 billion. However, the number of funds raised has witnessed a sharp drop from...
Buyouts snapshot: Searchlight nears $1.8 bln final close on Fund II
2015-10-08T17:27:40.722337-04:00https://www.thetrustedinsight.com/investment-news/buyouts-snapshot-searchlight-nears-18-bln-final-close-on-fund-ii-20151008323/
In July, Searchlight Capital II held a first close on approximately $900 million in July, according to a memo from Portfolio Advisors included in Pennsylvania Public School Employeesâ Retirement System meeting materials. Fund II already surpassed the $860 million raised through the Searchlightâs debut, a 2012 vintage fund that netted a 14.7 percent internal rate of return and 1.3x multiple as of June 30, according to Pennsylvania documents. Pennsylvania Public School Employeeâs committed up to $100 million to the fund at its October 6 meeting. The commitment remains subject to final negotiations. LPs have piled into Searchlight Capital II despite...
What Is Blackstone Going To Buy With Its Latest $15.8 Billion Real Estate Fund?
2015-10-08T10:30:02.218219-04:00https://www.thetrustedinsight.com/investment-news/what-is-blackstone-going-to-buy-with-its-latest-158-billion-real-estate-fund-20151008267/
Mark Heschmeyer Blackstone held final close this past week on its latest global real estate fund, Blackstone Real Estate Partners VIII, and said that only 20% of the $15.8 billion it raised is already committed. And that raises the question. What is the world’s largest real estate investor going to do with the other $12.6 billion?
Bond Capitalâs Fund V secures north of $80 mln in final close
2015-10-05T15:42:04.138914-04:00https://www.thetrustedinsight.com/investment-news/bond-capitalas-fund-v-secures-north-of-80-mln-in-final-close-20151005035/
âItâs exactly the same mix of limited partners as our previous funds,â Silbernagel said. Over 80 percent of LPs are repeat investors, several of which committed more money this time. Bond does not currently market its funds to large institutional investors. However, this option has not been ruled out for future fundraising, Silbernagel said. Including Fund V and the Beedie pool, Bond has five funds under management, the total value of which is not disclosed. Bond provides patient, non-dilutive financing to private equity and non-sponsored deals. Its investments, which range from $2 million to $30 million in size, typically utilize...
Q3 2015 Sees Fewest Private Equity Funds Closed Since Start Of 2006
2015-10-01T16:34:48.659560-04:00https://www.thetrustedinsight.com/investment-news/q3-2015-sees-fewest-private-equity-funds-closed-since-start-of-2006-20151001852/
170 private equity funds held a final close in Q3 2015, 46% down from the previous quarter, and the lowest number of closes in a quarter for ten years Global private equity fundraising saw a further slowdown through the third quarter of 2015. One hundred and seventy funds closed, down from 317 in Q2 2015 and 290 in the same period last year. The aggregate capital raised by funds closed in this quarter was $116.9bn, down from $129.3bn in the previous quarter. It was the third consecutive quarterly decline in fundraising, and represents a 29% decrease from the $164.9bn raised...
Amid China Gloom, Asian PE Firms Still Gathering Cash
2015-09-22T20:11:36.159449-04:00https://www.thetrustedinsight.com/investment-news/amid-china-gloom-asian-pe-firms-still-gathering-cash-20150922353/
ADV Partners is the latest firm to successfully raise capital there, holding a final close on $545 million for its debut pan-Asian Fund. ADV Opportunities Fund I LP, which was placed by Eaton Partners, is focused on the midmarket and slated to invest primarily in China and India, but has the option to invest throughout Southeast Asia and Australia. Roughly 30% of the capital for Fund I has been invested so far. The Hong Kong-based firm, formed in 2013 by former Mount Kellett Capital executives Brad Landes, Suresh Prabhala and Jianyi Zhu, is one of a number of entities that...
European Managers In Property Buying Spree
2015-09-21T18:32:43.538653-04:00https://www.thetrustedinsight.com/investment-news/european-managers-in-property-buying-spree-20150921296/
Standard Life Investments and Norges Bank Investment Management have made a number of property acquisitions in Sweden, the UK and the US.
Chart of the week: UK domiciled closed-ended vehicles pick up fundraising pace
2015-09-21T11:53:46.616020-04:00https://www.thetrustedinsight.com/investment-news/chart-of-the-week-uk-domiciled-closed-ended-vehicles-pick-up-fundraising-pace-20150921267/
This week it was reported that Prince Andrew has started a campaign to back Britain’s venture capitalists and entrepreneurs, with a Pitch@Palace Event intended to set up companies with successful investors. PEI’s Research & Analytics team has taken this opportunity to analyse the fundraising life
Carlyle closes $989m Japan buyout fund after slog
2015-09-18T10:52:26.242620-04:00https://www.thetrustedinsight.com/investment-news/carlyle-closes-989m-japan-buyout-fund-after-slog-20150918171/
The US private equity firm's third Japan buyout fund closed after a protracted fundraising exercise that saw it enlist new and existing investors.
ACG Capital buys stakes in EQT funds
2015-08-26T17:16:49.883230-04:00https://www.thetrustedinsight.com/investment-news/acg-capital-buys-stakes-in-eqt-funds-20150826306/
French private equity firm ACG Capital has purchased a number of stakes in a funds managed by EQT, AltAssets understands.
AXA REIM CRE Senior 9 debt fund hits €2.9bn at final close
2015-08-24T18:47:13.867745-04:00https://www.thetrustedinsight.com/investment-news/axa-reim-cre-senior-9-debt-fund-hits-a29bn-at-final-close-20150824165/
AXA Real Estate Investment Managers has raised €2.9bn for its latest property debt fund at final close, making the Commercial Real Estate Senior 9 fund one of the largest CRE senior loan funds in Europe.
KKR seals second infra deal in two days
2015-07-21T12:36:10.371741-04:00https://www.thetrustedinsight.com/investment-news/kkr-seals-second-infra-deal-in-two-days-20150721200/
US buyout giant Kohlberg Kravis Roberts is wasting no time deploying its freshly raised $3.1 billion global infrastructure fund, announcing its second European deal in two days....
Idinvest to tap LPs as it looks to launch latest secondaries fund within six months
2015-07-02T13:05:05.488258-04:00https://www.thetrustedinsight.com/investment-news/idinvest-to-tap-lps-as-it-looks-to-launch-latest-secondaries-fund-within-six-months-20150702873/
French private equity house Idinvest Partners is reportedly looking to start raising its third secondaries fund by end of 2015, AltAssets understands
Innosight Ventures to raise new $50m fund
2015-06-08T14:38:32.619041-04:00https://www.thetrustedinsight.com/investment-news/innosight-ventures-to-raise-new-50m-fund-20150608397/
Currently, Innosight Ventures makes seed investments of up to half a million Singapore dollars in local tech startups, and also co-invests with other VCs. The average ticket sizes under the new fund ...
Asia Alternatives Raises $1.8B for Deal Machines
2015-04-16T11:48:39.199270-04:00https://www.thetrustedinsight.com/investment-news/asia-alternatives-raises-18b-for-deal-machines-20150416797/
Asia Alternatives said on Wednesday it has raised over $1.8 billion to back private equity fund managers at a time when reform in China is creating deal opportunities and prompting more cautious stru...
Debevoise Advises Exponent on £1B Fund
2015-04-14T22:03:04.620919-04:00https://www.thetrustedinsight.com/investment-news/debevoise-advises-exponent-on-1b-fund-20150414768/
The London office of Debevoise & Plimpton LLP has advised Exponent Private Equity (“Exponent”) on its new £1 billion fund, Exponent Private Equity Partners III, LP. The fund reached its final close o...
Former Apollo Partners Contemplating New Fund
2015-04-14T10:16:37.751278-04:00https://www.thetrustedinsight.com/investment-news/former-apollo-partners-contemplating-new-fund-private-equity-beat-20150414756/
Two former partners from Apollo Global Management who struck out in 2013 to form their own firm are contemplating a new fund, according to a filing with the Securities and Exchange Commission. Damian Giangiacomo and Michael Cohen banded together to form Nexus Partners, a new firm with a wide mandate to invest across the capital structure.
Formation8 Investors Weren't Aware of Assault Accusations
2015-02-04T17:26:40.704977-05:00https://www.thetrustedinsight.com/investment-news/formation8-investors-werent-aware-of-assault-accusations-20150204210/
"When venture capital firm Formation 8 was raising $500 million for a new fund last year, prospective limited partners were not aware of sexual assault allegations that had been made against firm co-founder"
Female Venture Capitalists Create Tech Fund Arbor Partners
2014-11-07T15:49:47.993173-05:00https://www.thetrustedinsight.com/investment-news/female-venture-capitalists-create-tech-fund-arbor-partners-20141107621/
Two senior female partners from Asia’s venture capital industry are giving their male peers a run for their money, having set up a new firm called Arbor Ventures.
Quantum Eyes $3.25B Hard Cap for Energy-Focused Fund VI
2014-10-02T15:59:37.441373-04:00https://www.thetrustedinsight.com/investment-news/quantum-eyes-325b-hard-cap-for-energy-focused-fund-vi-20141002306/
Quantum Energy Partners VI LP is now eying its $3.25 billion hard cap. A final close on Fund VI could come by January, the person said....
LaSalle Recruits $1B for Investment in Asian Real Estate
2014-07-21T12:30:01.520437-04:00https://www.thetrustedinsight.com/investment-news/8377-lasalle-recruits-1b-for-investment-in-asian-real-estate-20140721377/
Despite signs of a downturn in Asian property markets, the region’s real estate sector received another vote of confidence from international investors this week, when LaSalle Investment Management a...
US venture capital veteran Charles River raises $393m for Fund XVI
2014-07-10T10:58:15.291100-04:00https://www.thetrustedinsight.com/investment-news/8258-us-venture-capital-veteran-charles-river-raises-393m-for-fund-xvi-20140710258/
One of the oldest early-stage investment firms in the US has pulled in $393m for its sixteenth fund.
Charles River Ventures is believed to have held a final close on the amount, which was revealed in a filing with the US securities regulator.
France and China Team Up With $628M Private Equity Midcap Fund
2014-07-03T13:16:32.280410-04:00https://www.thetrustedinsight.com/investment-news/8186-france-and-china-team-up-with-628m-private-equity-midcap-fund-20140703186/
The Sino French midcap fund has reached a first close of 460 million euros ($627.5 million), its backers Bpifrance, China Development Bank (CDB) Capital and Cathay Capital said on Monday, in line wit...