Investors have bet $210m on the new venture capital firm’s three founding veteran tech partners, who succeeded in raising their first-time early-stage fund in about nine months.
In the wake of the Saunders, Karp & Megrue merger with Apax Partners, SKM Growth Investors will light out on its own.
The Chicago private equity firm has closed its fifth buyout fund on $1.3bn, completing its fundraising in approximately six months.
The midmarket buyout firm has closed its oversubscribed fifth global private equity fund with commitments from 86 international investors.
Technology Crossover Ventures and Summit Partners have acquired a minority position in trading platform Liquidnet, making for one of the largest non-control, financial services private equity deals.
The Paris-based firm has announced a final close of €500 million for its AXA LBO Fund III.
The NPRF has announced plans to commit an 18 percent allocation to additional asset classes including private equity and real estate, but excluding hedge funds.
The New York middle market firm has partially exited Canadian yarn maker Spinrite in a C$203m flotation, scoring almost six times its initial $19m invested a year ago.
The Philadelphia private equity firm and the merchant banking arm of the investment bank Greenhill & Co. team up for another investment in the financial services industry, investing $40m for a minority stake in the specialty finance company.
The Los Angeles private equity firm, founded by ex-Houlihan Lokey investment bankers, has closed its second fund on $265m, more than double its previous fund of $107m.
Henderson Private Capital has completed its third Asian investment in a month and announced a first close of its PFI Secondary Fund on £136m.
Vincenzo Morelli, a former CD&R executive and latterly a consultant at turnaround specialists Alvarez & Marsal, has joined Texas Pacific Group in London.
The Los Angeles- and Houston-based investment firm has closed its third energy private equity fund on $550m, more than double its previous fund of $240m.
Amidst a flurry of fundraising activity, the Australian investment bank has announced a final close of its new listed private equity vehicle.
Venture capitalists last year raised 170 funds totalling $17.6bn, $3.4bn more than the previous two years combined, while buyout and mezzanine funds attracted $45.8bn in 103 funds.