Berkshire Partners back with new flagship fundraise, eyes reported $6.5bn
Boston-based buyout house Berkshire Partners is back in the market for what could be its biggest-ever fundraise, with a reported target of $6.5bn.
Boston-based buyout house Berkshire Partners is back in the market for what could be its biggest-ever fundraise, with a reported target of $6.5bn.
The amount collected by funds globally in the first half of 2020 was 19% greater than in the first half of 2019
Laxman Pai, Opalesque Asia: While Europe showed resilience in Q2 2020, there is growing concern that the venture capital (VC) market in Europe could see large impacts in Q3'20 given the widespread effect of COVID-19
The firm uses the fund to accumulate assets that stand to benefit from the coronavirus pandemic
Former TPG credit arm Sixth Street Partners has reportedly brought in another $10bn for its nine-year-old flagship fund after it re-opened the vehicle amid huge opportunities thrown up by the coronavirus crisis.
Former affiliate of private equity firm TPG would rival the €21.3bn buyout fund CVC Capital Partners completed this summer
UK proptech Hammock has secured £1m in a seed funding round backed by Fuel Ventures, Ascension Ventures, Founders Factory and several unnamed angel investors.
Brookfield Asset Management has raised $23bn in its best-ever quarter for fundraising as capital continues to pour in to its huge distressed debt vehicle.
Advent International has acquired a 30% stake in property software business Aareon from its parent company Aareal Bank, which will remain its majority shareholder.
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.
French investment house Andera Partners is reportedly out targeting up to €450m for its biggest-ever fund, hot on the heels of closing a €500m-plus mezzanine fund in June.
Home insurance platform Kin Insurance has closed its Series B round on $35m, led by Commerce Ventures.
