Fundraising

Rabobank backs its Benelux buyout team, , which has raised third-party cash for the first time, with a cornerstone investment.

The Hicks Muse spin-out is set to double its firepower compared to its debut fund, which is almost fully committed just 16 months after closing.

Carlyle is expected to set a target of approximately $15bn for its next US buyout fund once its predecessor is 70 percent invested, likely to occur once recent deals totalling $41bn complete.

NVCA president Mark Heesen says the sudden drop in US venture fundraising in Q3 may not be such a bad thing for VCs. Dave Keating reports.

The US property investment management firm is stepping up its European activities with two new fund of fund launches as the product gains in popularity.

The Oslo-based private equity firm has held a final close on its second fund with just over €500m in commitments, more than twice the amount raised for its vintage-2005 debut fund.

UK turnaround specialist Kelso Place has raised its third fund from just four investors closing on £100 million.

3i, a London-listed private equity firm, has invested in SVG Capital’s second fund dedicated to private equity-style investments in public companies.

Capital Today, a Shanghai-based growth capital provider, has closed its first private equity fund $80 million above target.

GTCR will invest its ninth and largest fund using the firm’s manager-focused strategy.