Adams Street Seals $7.5bn of New Private Credit Firepower Through New Fund Close
Adams Street Partners announced the closing of its third private credit fund with $7.5 billion of commitments, including leveraged capital. The fundraising round attracted both existing backers and new institutional investors, reflecting robust appetite for private credit exposure. The fund will expand Adams Street’s lending capacity across middle‑market borrowers in the United States. This close reinforces the firm’s position as a leading non‑bank credit provider.
Dominus Capital Hits Target-Beating $640m Final Close for Fourth Flagship PE Fund
Dominus Capital announced the final close of its fourth flagship private equity fund at more than $640 million, surpassing its original $500 million target. The fund, which exceeded expectations by $140 million, reflects robust investor appetite for the firm’s strategy. Dominus plans to...
Stellex Secures $2.37bn for Biggest Fund yet, but Falls Short of $2.5bn Target
Stellex Capital Management announced the final close of its third flagship private‑equity fund at $2.37 billion, slightly below the $2.5 billion target. The new vehicle is roughly one‑third larger than the firm’s prior fund, highlighting growing investor appetite. Capital will be allocated...
Deal Roundup: Ardian Sells Netco to Eurazeo, Warburg Launches European Defence Investing Platform
Ardian has agreed to sell a majority stake in Netco, a European specialist in critical conveyor‑system maintenance, to fellow private‑equity firm Eurazeo. The transaction highlights continued consolidation in industrial‑service assets across Europe. In parallel, Warburg has launched a new investment...
LGT Capital Leads Investment in Accent Equity’s First Multi-Asset Continuation Fund
Accent Equity has closed its inaugural multi‑asset continuation fund, raising roughly SEK1.5 billion (about $161 million). The fund’s formation and capital commitment were led by LGT Capital Partners, marking the Swiss firm’s first direct exposure to a continuation vehicle. The vehicle will...
Court Square Capital Hits $3.8bn for Oversubscribed Fund V, First Vehicle Since 2022 Succession Changes
Court Square Capital Partners closed its fifth flagship fund, Fund V, at $3.8 billion, surpassing its original target. The raise was oversubscribed, reflecting strong limited‑partner demand. It marks the first fund launched after the firm’s 2022 senior‑partner succession. The new capital...
Marsh Unit Mercer Raises $3.8bn to Close Eighth Fund Investing Across PE, Debt, Infra and RE
Marsh’s investment consulting arm Mercer has secured more than $3.8 billion for the final close of its eighth alternatives fund. The vehicle will allocate capital across private equity, debt, infrastructure and real‑estate opportunities. The fund’s size reflects strong investor appetite for...
Leeds Equity Partners Brings AUM to $7bn with Eighth Flagship Fund Close
Leeds Equity Partners announced the final close of its eighth flagship fund, raising $1.9 billion. The capital injection lifts the firm’s assets under management to roughly $7 billion. The new fund continues the firm’s focus on knowledge‑intensive sectors such as education, healthcare,...
Denmark’s Blue Equity Nears Fund IV Target Through DKK700m First Close
Danish private equity firm Blue Equity announced that its fourth fund closed its first round with more than DKK700 million (approximately $109 million). The early capital injection puts the fund well within reach of its overall fundraising target, though the exact goal...
Ares Secondaries Leads $2.5bn Continuation Fundraise for Arcmont Credit Assets
Ares Credit Secondaries led a $2.5 billion continuation vehicle for Arcmont Asset Management’s private‑credit portfolio, including leveraged financing. The fund closed recently, giving Arcmont liquidity while extending the life of its existing credit assets. Continuation vehicles like this let managers retain...
Global PE Dealmaking Shows Resilience Despite Renewed Tariff Uncertainty, War in Iran
Global private‑equity dealmaking proved surprisingly resilient in 2023, according to new PitchBook data. The total value of PE‑backed mergers and acquisitions held steady at roughly $1.2 trillion, while the number of transactions rose about 4% year‑over‑year to 6,800 deals. Even as...
Deal Roundup: Francisco Partners Agrees Blackline Take Private at up to $850m Valuation, Agilitas to Sell Integris Composites
Francisco Partners agreed to take private Blackline Safety Corp for up to $850 million, a 34% premium to its Toronto closing price. Blackline, a maker of wearable gas‑detection devices and cloud‑connected analytics, has logged more than eight million emergency alerts. Agilitas...
Percheron Capital Pulls in $3.1bn for Hard Cap Fund III Close, Double Its Fund II Total
Percheron Capital announced a hard‑cap close of $3.1 billion for its third private‑equity fund, marking a 100% increase over the $1.5 billion raised for Fund II. The firm, founded by two former Golden Gate Capital executives, focuses on service‑sector businesses. The new fund...
Ex-Blackstone Pair Team up Again with David Blitzer, Seal $400m Debut 154 Partners Fundraise Close
154 Partners, the private‑equity firm founded by former Blackstone executives Isaac Harrouche and Mike Berlin, has closed its inaugural fund at the $400 million hard‑cap target. The raise was anchored by billionaire investor David Blitzer, who contributed a substantial commitment through...
Neuberger Acts as Sole Lead Investor in CV for Tailwind Capital’s Axis Portable Air
Neuberger has become the sole lead investor in a single‑asset continuation fund that acquires Tailwind Capital’s portfolio company, Axis Portable Air. The vehicle is structured to provide liquidity to existing shareholders while allowing Neuberger to retain control of the business....
