The Washington, DC-based emerging markets investor has announced the close of a $175m private equity fund targeting Mexico, Brazil and the US Hispanic market.
Amid recent staff turnover and the launch of an internationally focused subsidiary, the private equity advisory firm has separated its direct investment and institutional management arms into two different business units to create more operating focus.
The New York private equity giant is telling LPs that is has demand for as much as $12bn for its next private equity fund, currently in pre-marketing mode.
The $27bn Pennsylvania pension fund has pledged up to $245m to six private equity funds, including $135 million to two funds managed by Summit Partners.
The mid-market firm has closed its fifth private equity fund, with nearly all previous investors returning for another helping.
The European spinout from Hicks Muse Tate & Furst has completed the final stage of its evolution by announcing a name change.
Stewart Gross is leaving his post as a managing director at Warburg Pincus to join private equity firm Lightyear Capital as a managing director.
The New York-based private equity firm has closed its third small buyout fund, which was more than two times oversubscribed.
Paris-based PAI Partners has closed its new buyout fund on €2.675bn, confirming that European buyout funds are highly in demand at present.
Having closed its first collateralised loan obligation fund, Carlyle’s European leveraged finance division has brought in a new CFO.