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Mike Didymus

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Lime Rock unveils succession strategy, co-founders prepare to step back after almost 30 years

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Oil and gas-focused private equity investor Lime Rock Partners has unveiled its succession strategy, with Jeffrey Schofield becoming president and taking over day-to-day-management of the firm.

OKCupid co-founder, ex-Norwest Equity GP score $100m for latest Corazon Capital fundraise

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Corazon Capital, the early-stage consumer investor co-created by OKCupid co-founder Sam Yagan, has hit a $100m final close for its fourth fund.

Deal Roundup: Hg exits Geomatikk to Axcel, Inflexion agrees Marioff buyout

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Hg has fully exit of its investment Geomatikk, a provider of tech-enabled services and software for managing critical underground infrastructure, to Axcel.

17Capital seals $7.5bn for biggest NAV loan fundraise yet

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Private credit investor 17Capital has closed its latest NAV loan fund on $7.5bn, making it the largest vehicle of its type raised to date.

Inflexion soars to €4.5bn hard cap for its biggest buyout fund yet

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UK private equity firm Inflexion has struck the €4.5bn hard cap for its seventh flagship fund, marking a hefty jump in size compared to its predecessor vehicle.

Blackstone seals $6.3bn hard cap close for biggest life science private fund ever raised

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Blackstone has raised $6.3bn for the biggest-ever private equity fund dedicated to life sciences investments, hitting its hard cap for the vehicle.

Abenex beats second small cap fund target with €180m close after over two years...

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French private equity investor Abenex has beaten its target for its second small cap fund by reaching a €180m final close after a lengthy fundraising process.

ORIX USA names investment veteran James Gruver head of capital formation

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Asset manager ORIX USA has brought in investment and wealth management veteran James Gruver as head of capital formation.

IMRF backs Francisco Partners, NEA among $170m of new alts commitments

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The $61.8bn-managing Illinois Municipal Retirement Fund has picked out up to $170m of new alternative asset fund commitments.

Software, AI-focused Conviction Partners out raising third fund, second Expansion vehicle

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Conviction Partners, the AI-native software investor launched four years ago by former Greylock general partner Sarah Guo, is back in the market with its third flagship fundraise.
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