Troob Capital Management (TCM), a private investment firm specialising in providing capital solutions to entities in underserved market segments, has closed its TCM Tactical Opportunities (TCM Tac Opps) Fund II LP at $209 million. TCM Tac Opps Fund II offers an unconstrained approach for providing access to debt or equity capital to companies with liquidity needs up to $20 million. Fund II builds on its first fund which closed in 2019 and has since sourced and executed on a broad array of differentiated opportunities based on an investment mandate designed to listen to companies’ needs and provide flexible and tailored

Clearlake Capital Group (Clearlake), an investment firm that focuses on technology, industrials, and consumer industries, has completed fundraising for its seventh flagship private equity fund, Clearlake Capital Partners VII (Fund VII), with more than $14.1 billion in commitments. With an initial target of $10 billion, Fund VII reached its hard cap and was significantly oversubscribed including commitments from the General Partner and affiliates.    More than $25 billion in capital has been raised by Clearlake since January 2021, which includes nearly $7 billion raised in four continuation funds. Fund VII is double in size to the Firm’s predecessor flagship fund,

Generation Investment Management, a pure-play sustainable investment manager with over $36 billion of assets under management, has launched the $1.7 billion Sustainable Solutions Fund IV. The new fund continues the firm’s commitment to invest globally in companies and teams driving the sustainable future. Sustainable Solutions Fund IV is Generation’s fourth and largest Growth Equity fund, enabling Generation to invest $50-$150 million as active minority investors in high-growth companies that are shifting industries toward sustainability and responsible innovation at scale. The firm’s prior Growth Equity funds have deployed over $2 billion since 2008, partnering with companies such as AlayaCare, Asana, Back

Yieldstreet, a digital alternative investment platform, has launched its Art Equity Fund IV, which is now accepting investments.

Praetura Ventures has closed its latest EIS Growth Fund taking the total raise by the firm in the last three years to £100 million. Following the fund close, the venture capital investor is looking to deploy c£15 million into around 10-15 tech and life sciences businesses in the next six months, predominantly in the North of England.   Of Praetura’s portfolio of 27 businesses, almost two thirds are based in the North, highlighting Praetura’s long-term commitment to funding the region’s economic growth.   Praetura has seen over £1 billion worth of investment opportunities already this year, with businesses across multiple

Lightrock, a global private equity platform that backs purpose-driven entrepreneurs tackling the world’s biggest challenges, has closed a new $300 million growth equity fund for Latin America. Headquartered in London, UK, Lightrock currently has over $3 billion in assets under advice invested in 14 countries across Europe, the USA, Latin America, Asia and Africa.  For the new Latin America fund, Lightrock’s anchor capital provider is LGT Group, one of Europe’s leading financial institutions with $295 billion in assets under management. However, this latest fund also sees Lightrock welcome local investors, including Bradesco’s and XP Inc.’s fund of funds, BNDES, as

Flying Fish Partners (Flying Fish) has held the final closing of its second venture fund, Flying Fish Partners II (Fund II) with $70 million in committed capital. Flying Fish invests in the rapidly growing artificial intelligence (AI) and machine learning (ML) sector. Flying Fish makes seed-stage investments in software and mixed hardware and software companies that use AI or ML as foundations to their businesses, provide AI and ML products and services, or provide tools to AI and ML practitioners. Flying Fish has already made 10 investments in Fund II.

Good Growth Capital has closed its oversubscribed third fund at over $100 million in capital commitments. The majority women- and minority-owned firm is known for investing early in complex technologies that are yielding top returns. Good Growth Capital’s first fund, a 2017 vintage, is tracking to earn top-decile returns.  The firm also reports a double-bottom line as an impact investor, focusing on investing for the highest possible return while investing in companies that meet pressing societal needs. This new fund makes Good Growth Capital the largest venture capital fund in South Carolina history and one of the largest early-stage funds

HSBC Asset Management’s (HSBC AM’s) UK-focused direct lending capability has attracted USD1bn in commitments from institutional investors in its first year. The direct lending strategy was launched in early 2021 as part of the firm’s ambition to grow its alternatives capabilities, which now fall under a single business unit HSBC Alternatives. The direct lending capability has been developed in partnership with HSBC UK Bank plc, itself a leading originator of senior secured loans to mid-market private equity-backed companies in the UK.   The fund has supported 23 companies since launch. The investments to date are well diversified across industries and

Eaton Partners, one of the largest placement agents and financial advisory firms and a wholly-owned subsidiary of Stifel Financial Corp, has acted as the exclusive placement agent for QHP Capital (QHP Capital), the management company for NovaQuest Private Equity (NQPE). NovaQuest Private Equity Fund II reached its hard cap of $500 million in capital commitments in less than seven months of fundraising and received strong support from a diverse group of new and returning investors including pension plans, insurance companies, asset managers, private foundations, and family offices. NQPE invests in tech-enabled Life Sciences and Pharmaceutical Services companies that improve medical