Private Equity

smartTrade: Strategic Investment Raised For Electronic Trading And Payments Platform

By Amit Chowdhry ● Apr 8, 2025

smartTrade Technologies (a leading global provider of multi-asset electronic trading and payments platforms) announced a strategic investment from TA Associates. At closing, David Vincent, CEO and co-founder of smartTrade, and the broader management team will invest along with TA.

Pantheon: $5.2 Billion Raised For Third Senior Credit Secondaries Program

By Amit Chowdhry ● Apr 8, 2025

Pantheon announced today the closing of a record $5.2 billion into Pantheon Senior Debt III (PSD III) and related vehicles, consisting of closed-end co-mingled funds, evergreen and rated insurance vehicles, and separately managed accounts.

Aventura Private Wealth: Space Fund 1 Closed At $9.5 Million For SpaceX-Focused SPV

By Amit Chowdhry ● Apr 7, 2025

Aventura Private Wealth announced the closing of its inaugural fund. The firm raised $9.5 million in just 9 days for a Special Purpose Vehicle (SPV) that exclusively holds shares of SpaceX, validating strong investor demand for private market opportunities in pioneering technology companies.

Crestview: Continuation Fund Closed At Nearly $600 Million

By Amit Chowdhry ● Apr 7, 2025

Crestview Partners (a leading private equity firm founded in 2004) announced closing a continuation fund that includes two Crestview Partners III investments, VA Capital Company, and ATC Drivetrain Investors / ATC Drivetrain Group, with nearly $600 million of commitments. And Apollo's Sponsor and Secondary Solutions business (Apollo S3) led the transaction with additional investments from funds managed by Hamilton Lane, the Crestview team, and others.

Sycamore Tree Capital Partners: Sixth CLO Closed At $505 Million

By Amit Chowdhry ● Apr 3, 2025

Sycamore Tree Capital Partners—a specialist asset manager with private and alternative credit investment expertise—announced the closing of its sixth CLO STCP 2025-6 (STCP CLO 6), a $505 million CLO investing in the broadly syndicated loans of US companies. This fund was initially offered at $400 million and increased to $505 million based on strong investor demand.

Linden Capital Partners: Structured Capital Fund II Closed At $400 Million

By Amit Chowdhry ● Apr 3, 2025

Linden Capital Partners - a Chicago-based healthcare private equity firm - announced the closing of Linden Structured Capital Fund II (SCF II. This fund closed with $400 million of commitments, exceeding the prior structured capital fund (SCF I) size of approximately $355 million.

HarbourVest Launches Private Investment Fund

By Amit Chowdhry ● Apr 3, 2025

HarbourVest Partners, a leading global private markets investment specialist with over $143 billion in assets under management as of December 31, 2024, announced the launch of the HarbourVest Private Investment Fund (HPIF). HPIF was designed to provide a single entry point to HarbourVest’s multi-manager, direct private equity (PE) platform.

IK Partners: Fund X Closed At €3.3 Billion Hard Cap

By Amit Chowdhry ● Apr 3, 2025

IK Partners - a leading European private equity firm - announced that it has closed its 10th Mid Cap fund the IK X Fund, having reached its hard cap of €3.3 billion and representing the largest fund the firm has raised to date. And IK’s previous Mid Cap fund IK IX raised €2.85 billion in 2020.

Providence Equity Partners Buying Tax Systems From Bowmark Capital

By Amit Chowdhry ● Apr 3, 2025

Providence Equity Partners - a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies - announced the acquisition of Tax Systems (global tax and accounting software provider) from Bowmark Capital, the mid-market private equity firm specializing in technology, data, and service companies. And Providence’s investment will support Tax Systems’ continued platform expansion and innovation, targeting new tax and regulatory compliance solutions in existing and new geographies.

Level Equity: Growth Equity Funds Closed At $1.4 Billion

By Amit Chowdhry ● Apr 1, 2025

Level Equity Management announced the final closing of its most recent growth equity funds Level Equity Growth Partners VI, L.P. (LEGP VI) and Level Equity Opportunities Fund 2025, L.P. (LEOF 2025). These funds closed at their collective cap of $1.4 billion, up from $1.125 billion in their 2021 vintage equity funds. And since 2011, Level has raised $4.5 billion across the firm's equity and credit business lines.

Olympus Partners: Eighth Fund Raised At $3.5 Billion

By Amit Chowdhry ● Mar 31, 2025

Olympus Partners recently announced the formation of its eighth institutional private equity fund Olympus Growth Fund VIII. The total capital in Olympus Growth Fund VIII (including discretionary pools) is $3.5 billion.

Waterous Energy Fund: Third Private Equity Fund Closed At C$1.4 Billion

By Amit Chowdhry ● Mar 31, 2025

Waterous Energy Fund (WEF) announced the final closing of its third private equity fund, Waterous Energy Fund III, at the target of C$1.4 billion (about US$1 billion).

I Squared Capital: $300 Million Commitment From Rest Announced

By Amit Chowdhry ● Mar 30, 2025

I Squared Capital, a leading global infrastructure investment manager, announced a $300 million commitment from Rest, one of Australia’s largest profit-to-member superannuation funds.

Pantheon: $1.1 Billion Raised For Secondary Opportunities Fund II

By Amit Chowdhry ● Mar 30, 2025

Pantheon, a leading global private markets investor, announced the final close of Pantheon Secondary Opportunities Fund II (PSOF II) and related vehicles, with total commitments reaching $1.1 billion — nearly doubling the size of its $624 million predecessor program. And PSOF II invests in companies with compelling ongoing growth and value creation potential, managed by high-quality managers who demonstrate high conviction and strong alignment of interest with secondaries buyers in continuation vehicles.

Apollo Funds Buying Majority Stake In OEG Energy

By Amit Chowdhry ● Mar 28, 2025

Apollo announced that funds managed by Apollo affiliates have agreed to acquire a majority stake in OEG Energy Group, a leading offshore energy solutions business, from funds managed by the Power Opportunities strategy of Oaktree Capital Management and other investors. The deal implies a headline valuation of over $1 billion for OEG, and Oaktree and others will retain a minority equity interest.

Protecht: $280 Million Raised From PSG Equity

By Amit Chowdhry ● Mar 28, 2025

Protecht Group, an Australian-based leader in governance, risk, and compliance (GRC) solutions, announced a $280 million investment from PSG Equity. This leading growth equity firm specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth.

Longview Infrastructure: Equity Commitment Secured From Stonepeak

By Amit Chowdhry ● Mar 28, 2025

Longview Infrastructure, a newly formed electric transmission development and investment platform, announced it has secured an equity commitment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion in assets under management.

AirHelp: Significant Minority Investment Raised From Abry Partners

By Amit Chowdhry ● Mar 25, 2025

AirHelp - a global leader in air passenger rights and compensation claims management - announced a significant minority investment from Abry Partners, a North American private equity firm. Abry will be buying a minority stake in AirHelp through a secondary investment, allowing AirHelp to return capital to its long-time supportive shareholders.

Ridango: Strategic Growth Investment Raised From Bregal Milestone

By Amit Chowdhry ● Mar 25, 2025

Bregal Milestone, a European software growth private equity firm, announced a majority strategic growth investment in Ridango, a global provider of mission-critical public transportation software. This investment is made in partnership with founder Erki Lipre and the Ridango management team. The terms of the deal were not disclosed.

Arcmont Asset Management: €475 Million Secured For Impact Lending Strategy

By Amit Chowdhry ● Mar 25, 2025

Arcmont Asset Management, a leading European private debt asset management firm and a member of Nuveen Private Capital (NPC), announced it has launched a new Impact Lending strategy. And it has secured two mandates totaling €475 million from APG (one of the world’s largest pension asset managers) and TIAA (one of the world’s largest institutional investors and a leading provider of retirement and financial services).

Carr’s Hill Partners: $210 Million Raised For Debut Fund

By Amit Chowdhry ● Mar 24, 2025

Carr’s Hill Capital Partners Management - a New Orleans-based private equity firm dedicated to growing family- and founder-owned businesses in the industrial and infrastructure services sectors - announced the final closing of Carr’s Hill Fund I at $210 million. Raised in about 9 months, Fund I was oversubscribed, exceeding its $175 million target.

Turn/River Capital: Fund VI Closed At $2.5 Billion

By Amit Chowdhry ● Mar 21, 2025

Private equity firm Turn/River Capital announced the closing of Turn/River Capital Fund VI with $2.5 billion in total commitments. And Fund VI was oversubscribed, hitting its hard cap with strong demand from existing and new limited partners. Turn/River Capital Fund V, a $1.35 billion fund completed in 2022, was also similarly oversubscribed.

JSI Buying Contact Center Services Company LogicomUSA

By Amit Chowdhry ● Mar 19, 2025

Stone-Goff Partners (SGP), a lower middle-market private equity firm investing in technology-driven business-to-business service companies, announced the acquisition of LogicomUSA, a premier provider of voice, network, and 24/7 contact center services to broadband providers and electric cooperatives nationwide, by SGP portfolio company JSI.

TPG: Jennifer Chu Named As Chief Legal Officer And General Counsel

By Amit Chowdhry ● Mar 19, 2025

Global alternative asset management firm announced that Jennifer Chu has been named as a Partner, Chief Legal Officer, and General Counsel of TPG, effective March 31. Chu will be succeeding Bradford Berenson, who will continue at TPG for a period of time as a Senior Advisor before retiring from the firm at year-end.

Bridge Data Centres: $2.8 Billion Loan Secured

By Amit Chowdhry ● Mar 19, 2025

Bridge Data Centres (Bridge DC), a Bain Capital-backed hyperscale data center platform, announced it had secured $2.8 billion in senior secured bank financing to advance its data center expansion, setting up one of the largest-ever bank facilities for pan-Asian data center operators.

PCMI: Strategic Growth Investment Raised From Thoma Bravo

By Amit Chowdhry ● Mar 18, 2025

Thoma Bravo announced a strategic growth investment in PCMI, a leading provider of administration software for finance and insurance (F&I) products in the automotive and consumer end markets. As part of the deal, existing shareholders—including PCMI management, its employees, and Equality Asset Management (“EAM”), a growth-focused private equity firm—will retain minority positions in the company.

Lightkeeper: Growth Investment Raised From PSG

By Amit Chowdhry ● Mar 18, 2025

Lightkeeper, a leading data, analytics, risk management, and reporting solutions provider for investment managers, announced a growth investment from PSG. This leading growth equity firm partners with software and technology-enabled services companies to drive transformational growth.

Blackstone: $8 Billion Closed For Latest Real Estate Debt Strategies Fund

By Amit Chowdhry ● Mar 17, 2025

Blackstone announced the final closing of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has about $8 billion of total capital commitments.

Nous Infosystems: Strategic Investment Raised From TA Associates

By Amit Chowdhry ● Mar 17, 2025

Leading global private equity firm TA Associates announced the completion of a strategic growth investment in Nous Infosystems, a global provider of AI-powered product and data engineering solutions to help drive digital transformation for its customers.

Morgan Stanley Investment Management: Fourth Global Infrastructure Fund Closed At $4.1 Billion

By Amit Chowdhry ● Mar 17, 2025

Morgan Stanley Infrastructure Partners (MSIP), which is the private infrastructure investment team within Morgan Stanley Investment Management (MSIM), announced that it has raised $4.1 billion for North Haven Infrastructure Partners IV (NHIP IV). And NHIP IV includes some of the world’s largest and most sophisticated institutional infrastructure investors, including public and private pension funds, sovereign wealth funds, and insurance companies.