HarbourVest Seeks $3.5 Billion for Private Equity Co-Investing

HarbourVest Seeks $3.5 Billion for Private Equity Co-Investing

HarbourVest Partners is seeking $3.5 billion for its sixth co-investment fund as institutional investors look to broaden their exposure to private equity deals. The firm plans to make 40 to 55 investments in deals with alternative asset managers that focus primarily...
Frazier Healthcare Partners closes 10th fund on $1.4bn

Frazier Healthcare Partners closes 10th fund on $1.4bn

Frazier Healthcare Partners has closed Frazier Healthcare Growth Buyout Fund X, its 10th healthcare private equity fund focused on the middle market, a vehicle which was oversubscribed and hit its $1.4 billion hardcap. The capital came in from new as well as existing...
Temasek-backed Flywire valued at $3.4 billion in U.S. market debut

Temasek-backed Flywire valued at $3.4 billion in U.S. market debut

Temasek Holdings-backed payments firm Flywire Corp was valued at $3.39 billion in its Nasdaq debut on Wednesday, 239% higher from its valuation after a funding round in February last year, according to data from Pitchbook. The company’s shares opened at $34 each, up...
Värde Partners Closes CRE CLO at $928M

Värde Partners Closes CRE CLO at $928M

Värde Partners, a global alternative investment firm, has closed a commercial real estate collateralized loan obligation. This is the firm’s fourth and largest CRE CLO, and eighth securitization of commercial real estate collateral. The asset pool has an aggregate...