Fund V News Today

Vertex Ventures, a venture capital investor backed by Singapore state investment firm Temasek Holdings, has marked the final close of its fifth India and Southeast ......

Blue Owl investment arm Dyal Capital Partners has soared to a $12.9bn final close for its latest fund targeting minority stakes in private equity firms.

German private equity investor Deutsche Beteiligungs has scored a better than 2.5x return for investors in its fifth flagship fund following the sale of its final portfolio business.

Growth investor Level Equity is back in the market with two new funds to follow the $735m it raised across its predecessors in the strategies.

3 Connecticut private equity firm Atlantic Street Capital has hired Jay Steinle from Lighthouse Investment as partner to build the firm’s investor relations function. Steinle will take the lead for existing limited partner relations as well as developing new relationships, the firm said. He previously spent six years as managing director for Lighthouse Investment, where he launched and expanded the firm’s separate account business. Steinle also built a socially responsible hedge fund portfo...

5 LGT Capital has raised $6bn of new capital across a pair of funds looking to profit from the rebounding private equity secondaries market. The firm said its latest flagship secondaries fund, Crown Global Secondaries V, would be closed on its $4.5bn hard cap on May 31 – a huge jump in fund size compared to the $2.8bn Fund IV from 2018. It closed its predecessor, Crown Global Secondaries III, on $2bn in 2013. LGT has also hit the $1.5bn hard cap for its second fund focused on single asset sol...

Fund V is also Ares’ biggest institutional fundraise yet, having pulled in commitments from nearly 180 investors, including 65 new limited partners. The firm said its European Direct Lending team has already started investing ACE V using its strategy of providing flexible capital to predominantly mid-market companies. It has been tapped for €1.7bn across 11 investments to date. Michael Dennis, Ares partner and co-head of European credit, said, “The deployment backdrop remains constructiv...

3 Amadeus Capital Partners has hit a £110m final close for its latest early stage, deeptech investment fund. Amadeus V Te Sorry, you need to subscribe to read this article. If you would like to access this article you must become a Premium Subscriber. Premium subscribers receive complete access to our daily breaking news, premium stories, weekly Fundraising & IR Review, Knowledge Bank and LP profiles - all which are accessible via our mobile platform.

1 Valor Equity Partners has soared past its target for its fifth flagship fundraise to reach a $1.7bn final close. The firm has easily outdone both its $1.25bn goal and the $1.05bn it collected for its predecessor vehicle with Valor Equity Partners V raise, which brings its assets under management to about $7.3bn. It has primarily targeted the consumer, engineered products and services sectors to date. Fund V is set to continue the firm’s strategy of investing an initial $25m and $75m in high...

Growth equity specialist PSG has bought into business texting and communications tech provider Kenect.