Oak Hill Capital Partners Holds Final Close On $2.65B Fourth Fund
<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
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
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
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
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
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
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
<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
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
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.