Private Equity

Strattam Capital: $308 Million In Capital Commitments Closed

By Amit Chowdhry ● Apr 24, 2024

Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, announced the closing of its third flagship fund, Strattam Capital Investment Fund III (SCIF III), with total commitments of $308 million.

The Sterling Group: $3.5 Billion Raised For Oversubscribed Sixth Private Equity Fund

By Amit Chowdhry ● Apr 23, 2024

The Sterling Group, an operationally focused industrial middle market private equity firm, announced the closing of Sterling Group Partners VI, LP. Fund VI exceeded its target of $2.75 billion and was significantly oversubscribed at its hard cap of $3.5 billion. Sterling's previous fund closed in June 2020 with $2 billion in limited partner commitments.

WinWire: Helping Companies With Cloud Migration And Modernization

By Amit Chowdhry ● Apr 22, 2024

WinWire is a company that enables enterprises in the healthcare, software, and digital platforms (ISVs), retail, high-tech, and manufacturing sectors to embark on a transformative digital journey. Pulse 2.0 interviewed WinWire CEO Ashu Goel to learn more about the company.

1WorldSync: How This Product Content Orchestration Company Is Transforming An $8 Billion Market

By Amit Chowdhry ● Apr 22, 2024

1WorldSync is a leader in Product Content Orchestration. And the company simplifies the creation and distribution of impactful content that’s accurate, consistent and relevant everywhere commerce happens. Pulse 2.0 interviewed 1WorldSync chief product officer Randy Mercer to learn more.

Future Business Partnership: An Interview With Co-Founder Vishesh Srivastava

By Amit Chowdhry ● Apr 22, 2024

Future Business Partnership is a focused team of sector specialists working to drive the sustainable transition of the household consumer goods industry. Pulse 2.0 interviewed Future Business Partnership co-founder and managing partner Vishesh Srivastava to learn more about the firm.

Blackstone Makes $1.5 Billion Takeover Bid For Hipgnosis Songs Fund

By Amit Chowdhry ● Apr 21, 2024

Over the weekend, private equity firm Blackstone made a $1.5 billion bid to acquire Hipgnosis Songs Fund. According to the company's website, Hipgnosis Songs Fund features 146 catalogs, 65,413 songs, and 163 Grammy-winning songs. These songs include hits from 50 Cent, Blondie, The Chainsmokers, Chromeo, Enrique Iglesias, Justin Bieber, Justin Timberlake, Kenny Chesney, Mark Ronson, Journey, Neil Young, Nelly, Pusha T, Red Hot Chili Peppers, and Shakira.

GA Drilling: Deep Geothermal Leader Secures $15 Million

By Amit Chowdhry ● Apr 20, 2024

GA Drilling, a leader in deep geothermal, announced the first close of $15 million in funding after successful tests. Investors include Nabors, Christian Oldendorff's new Family Office (alfa8), the previous CEO of private equity firm EQT (Thomas von Koch), newly established geothermal fund Underground Ventures, and Neulogy Ventures.

Arsenal Capital Partners Names Raymond H. Hill As Operating Partner

By Amit Chowdhry ● Apr 20, 2024

Hill was most recently chairman and CEO of CorEvitas. Hill built CorEvitas into an industry leader that provides real-world evidence to assess the safety and clinical effectiveness of therapies in autoimmune and inflammatory-mediated diseases.

Volo Sports Raises Strategic Growth Investment From Manhattan West

By Amit Chowdhry ● Apr 20, 2024

Manhattan West, a strategic investment firm offering an integrated platform of investments and services, announced that Manhattan West Private Equity completed its growth equity investment in Volo Sports (Volo). Launched in 2010 as a 16-person bocce league in Baltimore, Maryland, Volo is the premier provider of community-focused and tech-enabled adult social sports and curated events in major cities across the U.S.

SWTCH Energy: EV Charging Solutions Company Raises $27.2 Million

By Amit Chowdhry ● Apr 19, 2024

SWTCH Energy, a company developing electric vehicle (EV) charging solutions for multi-tenant buildings across North America, announced that it raised $27.2 million in Series B funding. Blue Earth Capital led the funding round on behalf of its investment vehicles, with participation from Alantra’s Energy Transition Fund, Klima.

Keebeck Wealth Management: An Interview With Founder And CEO Bruce K. Lee On Redefining The Investment Landscape

By Amit Chowdhry ● Apr 17, 2024

Keebeck Wealth Management is a registered independent advisory firm (RIA) focused on working with corporate executives, private business owners, entrepreneurs, & their multi-generational families. And Pulse 2.0 interviewed Keebeck Wealth Management founder and CEO Bruce K. Lee to learn more about the firm.

Compass Group Equity Partners: Fund III Closed At Hard Cap Of $408 Million

By Amit Chowdhry ● Apr 16, 2024

Compass Group Equity Partners, a St. Louis-based private equity firm, has closed Compass Group Fund III - hitting a hard cap of $408 million. This is Compass Group's second fundraising effort in the past two years and was achieved through a first and final closing this week after launching fundraising efforts late last year.

KODE Labs: Autonomous Smart Building Company Raises $30 Million

By Amit Chowdhry ● Apr 16, 2024

KODE Labs, a Detroit-based autonomous smart building startup, announced the closing of a $30 million Series B round. Headed by Maverix Private Equity, this milestone funding round also saw enthusiastic participation from esteemed partners TELUS Ventures and existing investor I Squared Capital. This funding round marks a significant moment for KODE, enabling the company to help buildings worldwide achieve net-zero emissions.

Adams Street Partners: $1 Billion Raised For First Middle Market CLO

By Amit Chowdhry ● Apr 12, 2024

The Private Credit team of Adams Street Partners, a private markets investment firm with over $58 billion in assets under management, announced the final closing of a $1 billion middle market collateralized loan obligation (CLO), ASP Summa. And the CLO is a first for Adams Street and was structured in partnership with American Equity Investment Life Insurance Company, a leading issuer of fixed index annuities.

Lone View Capital: $850 Million Raised For Inaugural Investment Fund

By Amit Chowdhry ● Apr 12, 2024

Growth-oriented private equity firm Lone View Capital announced the closing of its inaugural fund, Lone View Capital Fund I. And Fund I closed with a total committed capital of $850 million, bringing Lone View’s assets under management to about $1.1 billion.

Federated Hermes Invests In Miura Partners’ Dent&Co Fund

By Amit Chowdhry ● Apr 10, 2024

Federated Hermes Private Equity has announced an investment in Miura Partners’ Dent&Co fund. Along with a group of high-caliber institutional investors, including existing and new LPs, Federated Hermes has co-led the transaction alongside other leading secondary investors.

Clarion Capital Partners: Oversubscribed $677 Million Fourth Fund Closed

By Amit Chowdhry ● Apr 10, 2024

Clarion Capital Partners announced it has closed its fourth fund, Clarion Investors IV, L.P., with $677 million in total capital commitments, passing its target of $600 million and its $650 million soft cap. The Fund marks Clarion’s second oversubscribed fund in a row. The firm seeks long-term investment outperformance primarily through partnering in buyouts of lower-middle market companies.

AXA IM To Buy W Capital Partners

By Amit Chowdhry ● Apr 8, 2024

AXA Investment Managers (AXA IM) announced that it has agreed to buy W Capital Management, a US-based private equity firm specializing in GP-led and direct secondary investments. WCP will remain within AXA IM Prime, AXA IM’s fully integrated investment solutions provider across private markets like private equity, private debt, infrastructure, and hedge funds.

SK Capital Partners: Closes Fund VI At $2.95 Billion

By Amit Chowdhry ● Apr 8, 2024

SK Capital Partners, LP announced the final closing of SK Capital Partners VI at $2.95 billion. This fund is the latest vintage of the SK Capital's Flagship private investment strategy.

Grafine Partners: Inaugural Strategy Fund Closes At About $600 Million In Commitments

By Amit Chowdhry ● Apr 8, 2024

Grafine Partners, a private investment firm that accesses differentiated sources of alpha by investing in new firms led by experienced private equity investors, announced that it closed its inaugural strategy, Grafine Capital I, and parallel vehicles, with about $600 million in total capital commitments. This strategy exceeded a target of $500 million with commitments from a small and select group of institutional investors seeking new approaches to generating returns.

One Rock Capital Partners Adds Jim Wiegmann To Team Of Operating Partners

By Amit Chowdhry ● Apr 8, 2024

Private equity firm One Rock Capital Partners announced the addition of Jim Wiegmann to its team of Operating Partners. Wiegmann is involved with evaluating consumer, food and beverage investment opportunities and driving post-acquisition value creation in One Rock's portfolio companies. He joins One Rock Operating Partners Frank Orfanello, Dr. Kevin Lang, and Tony Palmer - who also focus on improving One Rock's investment activities and executing value-creation strategies in the consumer, food, and beverage industries.

Sidley Austin Adds Partner John Godfrey To M&A and Private Equity Practice In New York

By Amit Chowdhry ● Apr 8, 2024

Sidley announced that John C. Godfrey has joined Sidley’s M&A and Private Equity practice as a partner in New York. Godfrey joins Sidley from Paul, Weiss, Rifkind, Wharton & Garrison LLP where he served as a member of that firm’s M&A and PE practices. And this follows the addition of a team of 11 lawyers from Paul, Weiss in the last ten months.