Private Equity

Lee Equity Partners: $1.6 Billion Recapitalization Of McLarens Global Completed

By Amit Chowdhry ● Oct 16, 2025

Lee Equity Partners, a leading middle-market private equity firm focused on financial and healthcare services, announced the closing of a $1.6 billion recapitalization of McLarens Global Limited, the world’s largest independent provider of complex commercial insurance claims services.

Ardian: $20 Billion Raised For Flagship Infrastructure Platform

By Amit Chowdhry ● Oct 16, 2025

Ardian, one of the world’s leading private investment firms, announced it has raised $20 billion for its latest flagship infrastructure platform, marking the firm’s largest infrastructure raise to date. The platform consists of Ardian Infrastructure Fund VI (AIF VI), which reached its hard cap of $13.5 billion (€11.5 billion), alongside substantial co-investment commitments.

RCP Advisors: $1.25 Billion Secondary Opportunity Fund V Closed

By Amit Chowdhry ● Oct 16, 2025

RCP Advisors, a private equity firm specializing in North American small buyout strategies, announced the successful final close of RCP Secondary Opportunity Fund V, LP (RCP SOF V) at its hard cap of $1.25 billion, surpassing its initial target of $1 billion.

Hobe Mountain Capital Spins Out Of Declaration Capital

By Amit Chowdhry ● Oct 16, 2025

Hobe Mountain Capital, a newly formed private equity firm specializing in lower middle market secondary investments, has officially launched following its spinout from Declaration Capital, the family office of financier and philanthropist David M. Rubenstein. The new firm, founded by Alexa Rachlin and Todd Buys, seeks to capitalize on the rapid growth of the secondary investment market, particularly within smaller, fragmented segments that remain underserved by large funds.

Shore Capital Partners: $850 Million Raised Across Two New Funds

By Amit Chowdhry ● Oct 16, 2025

Shore Capital Partners, a Chicago-based private equity firm with offices in Nashville, announced the close of two new investment vehicles totaling approximately $850 million in capital commitments. The firm closed its sixth Shore Capital Healthcare Partners Fund (Healthcare Fund VI) and its second Shore Search Partners Fund (Search Fund II), bringing total capital raised in 2025 to nearly $1.3 billion and total assets under management to more than $14 billion.

Plexus Capital: $1.3 Billion Closed Across Two New Funds

By Amit Chowdhry ● Oct 15, 2025

Plexus Capital, a North Carolina–based private investment firm focused on the U.S. lower middle market, announced the final closings of two new funds—Plexus Fund VII and Plexus Equity Fund II, totaling over $1.3 billion in committed capital.

BlackRock’s AUM Reaches All-Time High Of $13.46 Trillion

By Amit Chowdhry ● Oct 14, 2025

Global asset manager BlackRock announced record third-quarter results on Tuesday, driven by robust client inflows of approximately $205 billion across its platform. This performance, fueled by strong demand for its iShares ETFs and private market products, propelled the firm's total assets under management (AUM) to a new all-time high of $13.46 trillion.

Plexus Capital: Over $1.3 Billion Raised For Two New Funds

By Amit Chowdhry ● Oct 14, 2025

Plexus Capital has announced the final closings of two significant funds: Plexus Fund VII and Plexus Equity Fund II. This announcement comes ahead of schedule and exceeds initial fundraising goals, signaling a strong demand for Plexus' investment strategies. Together, these new funds have secured more than $1.3 billion in total capital, reinforcing Plexus’ two-decade commitment to partnering with profitable lower middle market businesses in the United States.