Posts tagged "Firms & Funds"
Today's First Read has CVC flooring it on the Formula One exit, Facebook breaking the IPO process and KKR's heading to Asia!
Arsenal Capital, which recently held a first close on its third fund, expects to hold a second close soon and has set a cap of $825 million on the fund.
First Reserve hopes to get lucky with its 13th fund.
Platte River Ventures is looking to upsize with its third fund.
Kleiner Perkins Caufield & Byers has raised $525 million for its 15th fund, meeting its fundraising target, Christina Lee, the firm's communications partner, told peHUB.
The number of venture funds seeking money worldwide grew to a six-year high in May, according to a report from Preqin. As of May, 369 funds were on the road hoping to raise $50.5 billion in new capital, the report found.
Providence Equity Partners has raised upwards of $4.5 billion for its seventh fund, which has a target of $6 billion, and the firm will likely hold a final close in the third quarter, peHUB has learned.
TA Associates's latest Atlantic & Pacific fund has raised more than $1B.
Viddy, the popular mobile video start-up, raises $30 million in funding.
Warburg Pincus LLC has raised more than $5 billion in just over seven months for its 11th global private equity fund.
Fundraising for private equity real estate worldwide declined in the first quarter of 2012, according to alternative asset research firm Preqin. Perhaps it is time for a gig in the PE gig in the real estate business, job seekers. Twenty-six private equity real estate funds held final closings and raised $9.5 billion in the first...
CalPERS has made new commitments totaling $1.1 billion, with $500 million going to a managed account overseen by Blackstone, $400 million to a Cerberus fund and $100 million each to funds run by Credit Suisse and Pacific Alliance Group.
