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Category: Fund News

Lightspeed closes $275m fund to back Indian startups – report

Lightspeed India Partners has reportedly bagged $275m from LPs in a new venture fund aimed at supporting early-stage startups in the world's second-largest internet market.

German PE investor DBAG makes Multimon debut deal from €1.1bn Fund VIII

German private equity investor Deutsche Beteiligungs has made the first deal from its recently-closed €1.1bn fund by agreeing a buyout of fire protection systems business Multimon.

Ares Management netted $4.4bn in first half of 2020 despite Covid-19

Alternative investment manager Ares Management bagged $4.4bn in commitments despite dealing with the coronavirus fallout. The results from the second quarter of 2020 also saw it raise approximately $1.7bn in commitments across 24 transactions. “Despite

Black Bay Energy enters the fundraising market for sophomore vehicle

Black Bay Energy Capital, which targets the North America oilfield industry, is looking to raise its sophomore fund.

TPP is looking for LPs for $1bn health initiative for black communities

Social impact private equity firm TPP Capital Management Group is launching a $1bn initiative to support health in black communities and is looking for LPs to support it. The Philadelphia-based firm has said it is

Pomona Capital is looking to raise $2bn for its tenth flagship fund

Secondaries-focused investor Pomona Capital is back in the fundraising market and is hoping to raise $2bn for its tenth flagship fund, coming two years after the close of its predecessor.

CVC continues its fundraising fever with second CLO fund close in a month

CVC Credit Partners is not slowing down despite the market situation, having closed yet another fund in just a month.

10 of the biggest funds LPs have poured money into since the Covid crisis

A cloud of uncertainty was placed on the private equity fundraising market back when global coronavirus lockdowns began. While a lot of theories suggested LPs would be less interested in backing funds, or be hamstrung

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