Tag: private equity

Copenhagen Infrastructure Partners has closed its second Growth Markets Fund at about $3bn, nearly tripling the $1bn raised for its predecessor.

Siguler Guff has raised $500m across its second Global Emerging Markets Growth Opportunities fund, co-investment vehicles and separately managed accounts - more than doubling the amount of capital its predecessor programme deployed into India.

Temasek-backed Azalea Investment Management has raised more than $1bn across three private equity products, with the launch of its first evergreen vehicle helping offset a substantial reduction in the size of its latest flagship fund-of-funds.

Gaming specialist Makers Fund has closed its fourth flagship vehicle at $250m – half the size of the $500m Fund III it raised at the height of the last gaming investment cycle in 2022.

Private equity sponsors are increasingly turning to minority stake sales and hybrid capital as pressure to generate distributions collides with a still-challenging exit environment, according to a new market update from White & Case.

Crestline Management has raised $625m for its second European Capital Solutions fund, increasing the strategy’s fund size by nearly 75%.

Machine Investment Group has increased the primary capital in its flagship real estate strategy by more than 40%, closing Machine Real Estate Fund II at its $350m hard cap.

HIG Capital has hired former Oaktree Capital Management and Schroders Capital executives Tim Hsu and Chris Todisco as managing directors in its Capital Formation Group, strengthening its fundraising operation as the $75bn alternatives manager continues to expand its global credit platform.

KKR has agreed to acquire a minority stake in Indian ticketing and entertainment platform BookMyShow, backing the company’s expansion in live events and experiences.

Reach Capital has closed its largest fund to date at $265m amid a further expansion beyond the education technology specialism on which the venture manager built its business.