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Stonepeak raises $3.3bn for Asia infrastructure fund

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has held the final close of Stonepeak Asia Infrastructure Fund with $3.3bn in total capital commitments, in excess of its original $3bn target.

Kedaara nears $1.7bn for record Indian PE fund

Mumbai-based private equity firm Kedaara Capital is closing in on raising $1.7bn for its fourth private equity fund, which, if achieved, would make it India’s largest ever buyout fund and 54% bigger than its predecessor PE vehicle, according to a report by Reuters. 

Goldman Sachs to raise ninth PE fund, says CEO

Goldman Sachs is planning to raise funds for its ninth private equity fund later this year, according to a report by Reuters citing comments made by Chief Executive Officer David Solomon at a conference in Miami on Tuesday.

EQT closes largest ever buyout fund at €22bn

European private equity major EQT has closed the largest buyout fund in the firm’s 30-year history with €22bn in total capital commitments, taking firm-wide assets to €232bn, according to a report by the Financial Times.

TRP Capital Partners closes GenOx continuation fund

TRP Capital Partners has closed a single asset continuation fund for industrial gas transportation company GenOx Transportation, with Barings, Kline Hill Partners and Adams Street Partners serving as co-lead investors.

Verdane closes Edda III above target at €1.1bn

European growth investment firm Verdane has held final close of Verdane Edda III at €1.1bn, in excess of its original fundraising target. Verdane has now closed two funds above target in the past six months for a combined €2.2bn.

Keystone Capital closes oversubscribed Fund III at $630m

Lower middle market investment manager Keystone Capital Management, has held the first and final closing of its oversubscribed Keystone Fund III after just four months of fundraising at its hard cap of $630m in capital commitments.

CVC raises $6.8bn for sixth Asia fund

CVC Capital Partners, a global private markets manager focused on private equity, secondaries, credit and infrastructure, has closed its sixth Asia fund, CVC Capital Partners Asia VI, with a total of $6.8bn in capital commitments.

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