TPG has closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry, with USD1.6 billion in capital commitments, surpassing its hard cap of USD1.5 billion. TTAD aims to provide flexible capital for founders, employees, and early investors looking for liquidity, as well as

International private equity firm Cinven has closes its seventh fund at its hard cap of EUR10 billion. The fund, which reached its hard cap in less than four months and was oversubscribed, follows a successful fundraising for the sixth Cinven fund, which reached its hard cap of EUR7 billion in

Inflexion Private Equity Partners (Inflexion) has held the final close of Inflexion Enterprise Fund V and Inflexion Supplemental Fund V, securing commitments at their hard cap of GBP400 million and GBP600 million respectively. Raised exclusively from Inflexion’s existing LP base of blue-chip investors from across Europe, the US and Asia,

GoldenTree Asset Management (GoldenTree) has closed on USD1.7 billion in commitments for GoldenTree Distressed Fund III. The fund employs a private equity draw down structure and will focus on primarily global distressed opportunities in mid-cap and large-cap corporates. GoldenTree has extensive experience in distressed investments with over USD26 billion of

Clairvest Group has held a first and final closing for Clairvest Equity Partners VI (CEP VI) at its hard cap of USD850 million. Marketing of CEP VI commenced in January 2019 with a fund target size of USD800 million. Clairvest’s commitment to the fund is USD230 million alongside USD620 million

The new private equity fund of Kempen Capital Management (Kempen), the Kempen European Private Equity Fund, is now for sale in the United Kingdom. The fund, which was launched in the Netherlands in January 2019, has raised over EUR76 million in the first closing. The Kempen European Private Equity Fund

Cerberus Capital Management has closed approximately USD5.1 billion of commitments for its global non-performing loan (NPL) strategy.  Cerberus Global NPL Fund initially targeted USD3.5 billion in commitments and closed approximately USD4.1 billion of commitments from existing and new limited partners. In addition to the Global NPL Fund, Cerberus raised over

Private equity firm Shore Capital Partners has held the and final closings of its third institutional healthcare private equity fund, Shore Capital Healthcare Partners Fund III (HC Fund III), and its inaugural food and beverage fund, Shore Capital Food & Beverage Partners Fund I (F&B Fund I).  HC Fund III

Estera, a global provider of funds, corporate and trust services, has supported Hipgnosis Songs Fund with its first fundraise – significantly exceeding its target in the process. Hipgnosis Songs Fund is a Guernsey-registered fund investing in songs and musical intellectual property rights trading on the Specialist Fund Segment of the