The orthopedics- and dental-focused private equity firm has closed its second fund on $420 million – more than double the size of its debut vehicle.
Philadelphia-based private equity real estate firm BPG has raised $850m to invest in US real estate.
The ownership of the New York-based middle-market firm has transitioned from its founders to three senior managing directors, in connection with the formation of the firm’s fifth fund.
EMAlternatives has secured its first investment, with a $100 million commitment from the California Public Employees’ Retirement System. The private equity fund investment specialist attempts to offer global investors exposure to markets they have not invested in before.
PCG International has closed its first investment vehicle, a $400 million fund of funds backed solely by CalPERS.
The US’ largest pension fund has committed $500 million to Health Evolution Partners, a new private equity firm it created in part to lower the cost of enrollee health benefits. An additional $200 million has been allocated for similarly health-oriented fund of funds.
Menlo Park, California-based Institutional Venture Partners has closed a $600 million fund – twice the size of its previous fund.
The investment arm of SVG Capital has closed its latest structured fund of funds €200 million ahead of target, while introducing innovation in the fund’s gearing.
According to the PEI 50, a new league table from Private Equity International magazine, as many of the largest 50 firms in the world are based in London as in New York.
The PEI 50, a new ranking from Private Equity International magazine, reveals The Carlyle Group has the largest private equity direct-investment programme in the world, having raised $32.5 billion in the last five years.
Investment bank Goldman Sachs has raised $20 billion for its sixth buyout fund, the first firm ever to reach this mark - although rival private equity groups are reportedly closing in on even larger totals.
Belgian investor GIMV has increased its investment in a clean technology fund run by Emerald Technology Ventures, as it looks to increase its exposure to the cleantech sector.
The joint venture between Venturion Capital and former Marsh & McLennan chief Jeffrey Greenberg has closed its first fund.
The investment banking giant is bringing its real estate, private equity and infrastructure practices under one roof and promoting real estate co-head Jay Mantz to co-run the new direct investment department.
The Boston-based firm has announced 18 new institutional investors, five years after closing a $90m predecessor fund.