The US financial services giant has closed its latest buyout fund $800m ahead of target as it looks to leverage its relationships with buyout firms for co-investment opportunities.
$401 billion raised worldwide – buyout alone accounts for $204 billion. Private Equity Intelligence’s 2007 Global Fundraising Review reveals the success that private equity firms had in raising new funds in 2006.
New Jersey-based firm GSC Group has closed its third control-oriented fund on $530m.
The global insurer’s fourth fund of funds vehicle closed well in excess of both its $400m target and its $239m predecessor.
New York-based Apollo and Indian investment group SUN have closed a $630m fund focused on the Indian property sector.
The European private equity fund of funds specialist is opening an office in Munich with two partners, co-founders of Stratin Capital Advisors.
The Nordic firm is fast transforming itself into a alternative asset powerhouse with mezzanine and special situation funds to complement its buyout business and has underlined its territorial expansion with a second China fund.
The European private equity firm has embarked on its first deal in Spain since opening its office in September this year with the acquisition of Avanza, a bus operator.
The London- and Paris-based investment group has wrapped up a total of €86m in fresh funding.
Environmental Technologies Fund is blazing a green trail with its debut cleantech fund offering for institutional investors.
Investors have informally approved the increase which should mean Coller Capital closes the largest secondaries fund early next year, eclipsing rival Lexington Partners.
Danish investment firm Sparinvest has closed its fund of funds on $640m, which will invest in property vehicles around the world.
The Dubai fund of funds manager is hoping to be one of the first to offer access to the Indian private equity market via a quoted vehicle with a $100 million float of a fund on AIM, London’s alternative segment.
German special situations manager has closed its second fund without breaking into a sweat, while Jon Moulton’s distressed debt fund underlines appetite for turnaround deals.
Europe’s biggest quoted private equity business has held the final close on its €5bn buyout fund, the largest pool of capital focused on the European mid-market.