Energy Capital Group successfully closes ECG2.0-Fund2 at $161 Million, exceeding target
– ECG2.0-Fund2 closed at SAR 600 million ($161 million), surpassing its initial target. – Fund oversubscription reflects strong investor confidence in ECG’s vision. – Aligns with Saudi Vision 2030 and
Permira Funds to acquire strategic majority stake in Westbridge Advisory from GENUI
– Permira funds have agreed to acquire a majority stake in Westbridge Advisory, a European energy and sustainability advisory firm for institutional real estate clients. – Westbridge’s founders will reinvest
XGEN Venture Finalizes €180M Life Sciences Fund Closing
– XGEN Venture Announces Final Closing of the XGEN Venture Life Sciences Fund, raising approximately €180 million in total commitments. – Surpassed expectations, solidifying its role as a key player
Top 5 Largest Secondaries Fundraises of 2024
HarbourVest Partners Dover Street XI $15.1 Billion LGT Capital Partners Crown Global Secondaries VI $7 Billion Intermediate Capital Group (ICG) ICG Strategic Equity Fund V $6.35 Billion Hamilton Lane Secondary
Red Stone Equity Partners LLC Closes $263.2 Million Fund 113, Advancing Affordable Housing Across the U.S.
– Fund 113 Overview: Closed at $263.2 million as Red Stone Equity’s largest multi-investor Low-Income Housing Tax Credit (LIHTC) equity fund to date. – Investor Participation: Includes 10 institutional investors,
MetLife Investment Management to Acquire PineBridge Investments
– MetLife Investment Management (MIM) has agreed to acquire PineBridge Investments for a total potential transaction value of $1.2 billion: – $800 million in cash at closing. – $200 million
Quadrant Private Equity Closes Third Growth Fund at $411 Million
– Quadrant Private Equity has successfully raised A$660 million (approximately US$411.5 million) for its third growth fund, exceeding its initial target and reflecting strong investor confidence. – The six-week fundraise
Announcing the US-GCC VC Virtual Summit!
Join us as we bridge the gap between the United States and the Gulf region to explore the latest trends, opportunities, and innovations in venture capital. 🎤 Featuring speakers: 🔹
Guardian Capital Partners Raises Continuation Fund Backed by Barings and Kline Hill Partners for Havis, Inc.
– Guardian Capital Partners closed a single-asset Continuation Fund to extend its partnership with Havis, Inc. – Provided liquidity to existing Havis shareholders. – Secured new capital commitments to support