Weekend Scoop: Leading Private Equity Fundraising Updates Unveiled
In a series of significant fundraising achievements, several prominent investment firms have raised substantial amounts for their private equity, infrastructure, and private credit funds.
CVC Capital Partners, known for its regular large fundraising closes, has closed its third-generation Strategic Opportunities fund at €4.61bn, maintaining the size of its predecessor. The Strategic Opportunities platform, which focuses on stable, high-quality businesses in Europe and North America, offers an extended investment horizon.
Carlyle Group, another active player in the global investment scene, is aiming to raise more than $3bn for its latest infrastructure-focused vehicle, Carlyle Global Infrastructure Opportunity Fund II. Preliminary discussions with potential investors have commenced, though details remain confidential.
Northleaf Capital Partners, a firm known for its private credit and infrastructure fundraises, has closed its third private credit fund, Northleaf Private Credit III (NPC III) and related managed accounts, raising over $1bn. NPC III focuses on mid-market private equity-backed lending and asset-based specialty finance.
Garnett Station Partners, a private equity real estate firm focusing on logistics and industrial properties, has closed its latest private equity fund, GSP 5.0, at $1.2bn. GSP 5.0 is oversubscribed and hit its hard cap in just four months. The new fund will invest in single-asset continuation vehicles for high-quality companies across North America and Western Europe.
Meanwhile, ICG Strategic Equity Fund V, a GP-led secondaries fund, has secured $11bn, surpassing its $6bn target. The fund, which more than doubles the size of ICG's previous fund which closed at $5.3bn in 2022, will continue ICG's strategy of partnering with founders and management teams across consumer and business services, health & wellness, automotive, and food & beverage.
These fundraising successes highlight the strong investor demand for opportunities in the private equity, infrastructure, and private credit markets, with each firm capitalizing on their respective areas of expertise. For precise, up-to-date fundraising amounts, recent closes, or fund strategies for these firms, specialized financial news sources, firm press releases, or industry reports would be required.
- CVC Capital Partners, a firm recognized for large fundraising closes, has closed its third-generation Strategic Opportunities fund at €4.61bn, similar to its predecessor's size.
- The Carlyle Group, an active global investment player, plans to raise more than $3bn for its latest infrastructure-focused vehicle, the Carlyle Global Infrastructure Opportunity Fund II.
- Northleaf Capital Partners, known for private credit and infrastructure fundraisers, has closed over $1bn for its third private credit fund, Northleaf Private Credit III (NPC III).
- Garnett Station Partners, a private equity real estate firm focusing on logistics and industrial properties, has closed its latest private equity fund, GSP 5.0, at $1.2bn and is oversubscribed.
- ICG Strategic Equity Fund V, a GP-led secondaries fund, has raised $11bn, surpassing its $6bn target, and will continue ICG's strategy in various sectors.
