Altitude Partners has launched Altitude Two, a capital growth focused private equity fund designed to benefit investors with investments qualifying for two significant HMRC reliefs: Business Property Relief and Investor Relief. The fund is rapidly approaching its first close target. Overall, the fund is looking to deliver a final close

Private equity firm Boyne Capital Partners has closed its BCM Fund I with USD126 million of total capital commitments, surpassing the original target of USD100 million. The Fund includes select limited partners representing insurance companies, fund of funds, family offices and individuals. The Fund targets investments in the lower middle

Union Capital Associates, a lower middle-market private equity firm, has closed its most recent pool of capital – Union Capital Equity Partners II. The oversubscribed Fund closed at its hard cap of USD200 million.  The Fund will invest in smaller U.S. founder-owned businesses, where Union Capital is typically the first

Brentwood Associates, a Los Angeles-based private equity investment firm, has held the final closing of Brentwood Associates Private Equity VI (Fund VI), with USD1.15 billion of capital commitments. Fund VI closed at its hard cap and exceeded its target of USD750 million. Fund VI is the largest fund raised by

Autotech Ventures, a specialist venture capital firm based in Silicon Valley, has closed its inaugural fund at USD120 million. The fund, which will invest in startups focused on ground transportation, was supported by both financial and corporate investors. Among the fund’s corporate investors are BorgWarner and Autoliv, as well as

HarbourVest Partners has held the final close of its fourth co-investment fund at its hard cap of USD1.75 billion. HarbourVest Partners Co-Investment IV, which had an original target of USD1.0 billion and hard cap of USD1.5 billion, was oversubscribed. The fund’s hard cap was raised from USD1.5 billion to USD1.75

NRD Capital Management (NRD), an Atlanta-based private equity firmhas closed NRD Partners II (NRDP II) with total investor limited partner commitments of USD104.5 million secured over the past four months, exceeding the fund’s target of USD100 million. NRD focuses on companies specialising in franchised and multi-location business models. With NRDP

Star Capital Partners (Star) has held the final close of Star Strategic Assets III (Star III) at EUR800 million. The Fund closed at its hard cap, following strong support from a diversified range of global investors in Europe, North America and Asia. Star III is the latest vehicle raised by

Operations-focused private equity firm Industrial Opportunity Partners, has held the closing of its third fund, Industrial Opportunity Partners III, with USD450 million of committed capital. IOP held a single close on 30 June, 2017, achieving its hard cap for Fund III after a three-month fundraising process, and exceeding its original