Ares Management has raised more than $9.8bn across its third special opportunities fund and related vehicles.
The firm said ASOF III significantly exceeded its target...
The British Business Bank, the UK government’s economic development bank, has reached a £200m first close during its first capital raise from external investors.
Singapore-based investor Circulate Capital has passed its Fund I total through a $220m first close of its sophomore fund, which will target circular supply chains and recycling businesses across South and Southeast Asia.
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.
Hg has fully exit of its investment Geomatikk, a provider of tech-enabled services and software for managing critical underground infrastructure, to Axcel.
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.
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.