HarbourVest Partners closes direct lending fund at $892m

HarbourVest Partners closes direct lending fund at $892m

HarbourVest Partners, a global private markets asset manager, has held the final close of the HarbourVest Direct Lending Fund (HDL) at over $892m in limited partner commitments, including the General Partner commitment. The Fund was oversubscribed and closed above the...
Apax closes Apax Digital Fund II at $1.75bn hard cap

Apax closes Apax Digital Fund II at $1.75bn hard cap

Apax, a global private equity advisory firm, has held the final close of Apax Digital Fund II (ADF II) at its 1.75bn hard cap.  The fund will invest in high-growth technology companies globally. ADF II will pursue the same strategy as its predecessor fund, targeting...
Antin IPO will inspire private equity copycats

Antin IPO will inspire private equity copycats

Voltaire coined the phrase “pour encourager les autres” when someone makes an example to inspire good behaviour in others. Antin Infrastructure Partners has done something similar with its initial public offering which raised €550m: Shares in the private equity firm...
Goldman Isn’t Taking Chances on Its Private Equity IPO

Goldman Isn’t Taking Chances on Its Private Equity IPO

Goldman Sachs Group is wisely playing safe with the landmark initial public offering of its Petershill Partners Plc private-equity business. The valuation range mimics July’s successful listing of Bridgepoint Group Plc, a stock that’s already up over 50%. But...