The New York- and Cleveland, Ohio-based middle-market specialist beat its original fundraising target set in June 2003, raising almost double the capital of its previous fund.
After only four months of fundraising, the Palo Alto firm surpasses its original mark with its fifth fund, which will target venture capital investments in expansion, late-stage private and public technology companies.
Today's investors in private equity are looking for firms, not funds. Texas Pacific was able to offer just that.
Non-US investors, and an emphasis on operations and succession planning lead to fundraising success.
The US energy investment specialist, operating out of offices in San Francisco, Boston and New York, will target power and electric utility deals.
CDC Capital Partners, the UK-based emerging markets investor, has completed a $26m mezzanine investment in Orascom Telecom Algeria as part of a €545m funding package for the business.
Sterling Capital Partners is backing the nationwide expansion of Florida Coastal School of Law, a for-profit law school.
Cambridge, Massachusetts venture firm General Catalyst Partners has closed a fund, its second institutional investment vehicle.
Paris-based mid-market private equity firm Activa Capital has achieved a final closing of its latest fund at E162m, surpassing a E150m target.
The family office has announced plans to commit between E20m and E70m to a range of sector-focused private equity funds over the next three to four years.
Apax leads £15m Nexagent round; DVC, Motorola back UK software provider; Giza leads Cellectivity round; VCs back $15m CoreOptics investment
The pan-European private equity firm has hired three associates to join the newly-launched Paris office, adding to offices in London, Munich and Milan.
The French private equity house has agreed to back a E100m buyout of the French technology components manufacturer, marking the firm’s eighth investment.
The UK-based small and mid-cap private equity investor has added ten new LPs to its investor base after reaching £72m at final close.
The UK private equity firm has made its fourth acquisition of the year, backing a £20m management buyout of the UK-listed company’s UK asset management operations business.