Everstone Plans to Raise $1bn for Its Largest Asia PE Fund

Everstone Plans to Raise $1bn for Its Largest Asia PE Fund

(Bloomberg) — Everstone Capital Asia Pte is seeking $1 billion for its latest private equity fund for India and Southeast Asia, according to people familiar with the matter. The Singapore-based firm that invests largely in India, has begun sounding out investors...
CDPQ Said to Explore Sale of $2bn in Private Equity Stakes

CDPQ Said to Explore Sale of $2bn in Private Equity Stakes

(Bloomberg) — Caisse de Depot et Placement du Quebec is exploring the sale of as much as $2 billion of private equity assets in the secondary market to free up cash for other investments, according to people familiar with the matter.  Canada’s second-largest...
Granite Creek Capital closes oversubscribed fund at $300m

Granite Creek Capital closes oversubscribed fund at $300m

Granite Creek Capital Partners (Granite Creek), a private investment firm based in Chicago, has held the oversubscribed closing of its third investment fund, Granite Creek FlexCap III, a $300m vehicle focused on providing flexible capital to growing lower middle...
H.I.G Capital sells $1bn revenue firm Recochem to CapVest

H.I.G Capital sells $1bn revenue firm Recochem to CapVest

H.I.G. Capital (“H.I.G.”) and CapVest Partners LLP (“CapVest”) are pleased to announce that H.I.G portfolio company, Recochem (the “Company”), has been acquired by funds managed by CapVest. H.I.G. will remain a minority investor in the Company. Recochem,...