US asset manager Mercer has raised more than $4.8bn for its sixth flagship alternatives fund - almost double the size of its predecessor. The post Mercer hauls in over $4.8bn for hefty new alternative investment
Lightsmith Group, the sustainability-focused private equity house launched by former Siguler Guff partner Jay Koh, has hauled in $186m for the final close of its debut fund. The post Ex-Siguler Guff partner Koh raises over
A trio of private equity firms have picked up more than $250m between them in the latest round of fund commitments from the $10.9bn-managing District of Columbia Retirement Board. The post Private equity trio pick up
Private equity firm Portfolio Advisor has closed two funds hauling in $3.5bn of investments. Portfolio Advisors Secondary Fund IV is the firm's largest fund to date. The post Portfolio Advisors hauls in $3.5bn of capital across two
Vista Equity Partners is reportedly teaming with activist investor Elliott for a $13bn buyout of cloud and virtualisation software specialist Citrix. The post Vista, Elliott said to eye $13bn Citrix buyout following pandemic home-working boom
Solar power-focused investor NextEnergy Capital has raised $896m for the final close of its third flagship fund. The post Solar-focused NextEnergy Capital shines with new $896m flagship raise first appeared on AltAssets Private Equity News.
O2 Investment Partners has invested in strategic communications, public relations, consulting, and digital advertising business BerlinRosen. The post O2 Investment Partners picks ESG-focused PR, comms business BerlinRosen as latest investment first appeared on AltAssets Private
GTCR has hit a $2bn final close for its first fund dedicated to growth deals too small for its $7.5bn flagship fund. The post GTCR raises $2bn for first growth fund, eyes deals too small
Nautic Partners has sold a majority stake in substitute teacher provider Education Solutions Services to The Vistria Group after seven years in its portfolio. The post Nautic sells stake in substitute teacher business ESS to
TSG Consumer Partners has made a string of promotions including naming Margo Hays to managing director for digital strategy. The post TSG names Hays as managing director for digital strategy among clutch of promotions first
Global buyout giant Carlyle has sold life science industry equipment and supplies provider Thomas Scientific to Broad Sky Partners. The post Carlyle sells Thomas Scientific to Broad Sky Partners after successful bolt-on push, market expansion
Aviation investment-focused private equity specialist Castlelake has hit a $1.6bn final close for its latest fundraises. The post Aviation-focused investor Castlelake hauls in $1.6bn amid ‘compelling opportunities’ to deploy capital first appeared on AltAssets Private
Arcline Investment Management has created Standard Elevator through the acquisition of five suppliers to the largest elevator servicers and installers in North America. The post Arcline combines five acquisitions to create elevator servicer and installer major
KKR has named partner Todd Builione as its first ever global head of private wealth, to oversee the firm's "strategic priority" of building its private wealth distribution platform. The post KKR names partner Builione as
Real estate private equity firm Lucern Capital Partners has closed its debut fund targeting multifamily and mixed-use assets it believes would benefit from strategic value-add initiatives. The post Lucern Capital closes debut fund to target
Centerbridge Partners has sealed a storming fundraise by closing its second real estate fund on $2.3bn, well above its initial $1.5bn target. The post Centerbridge soars past second real estate fund target to reach $2.3bn
Litigation finance specialist LexShares has closed a $100m sophomore fund dedicated to investments in commercial legal claims. The post Litigation finance-focused LexShares closes $100m sophomore fundraise first appeared on AltAssets Private Equity News.
Post Road Group, an alternative investment firm aimed at mid-market corporate strategies and real estate, has closed its sophomore Special Opportunity Fund (SOF II). The post Post Road Group hits $300m for sophomore special opportunity
ECI Partners has achieved a 3.7x return for its full realisation of KB Associates, a global provider of management and consulting services. The post ECI Partners hits 3.7x return on KB Associates exit first appeared
