Aldrich Capital Partners Could Raise $450m for Second Fund

Aldrich Capital Partners Could Raise $450m for Second Fund

Growth-investor Aldrich Capital Partners’ second fund could raise up to $450m amid strong investor demand, according to Mark Evans, principal investment officer at the Connecticut Retirement Plans and Trust Funds. Aldrich Capital Partners Fund II LP has a target of...
Shore Capital Partners Raises $686m for Three New Funds

Shore Capital Partners Raises $686m for Three New Funds

Microcap investment firm Shore Capital Partners has collected $686 million for three new funds as the firm continues to expand beyond its healthcare roots. The Chicago firm raised $366 million for its latest healthcare fund, Shore Capital Healthcare Partners Fund IV,...
Australia’s Spark Infrastructure gets $3.7bn buyout offer

Australia’s Spark Infrastructure gets $3.7bn buyout offer

Australia’s Spark Infrastructure Group said on Thursday it has received a buyout proposal from private equity firm KKR and Ontario Teachers’ Pension Plan Board, valuing the electricity infrastructure investor at $3.67bn. Spark shareholders will get A$2.80 for each...
Avesi Partners Closes Initial Fund At $875m

Avesi Partners Closes Initial Fund At $875m

Avesi Partners, a private equity firm based in Stamford, Connecticut, specializing in healthcare and business services, announced the final closing of its debut fund, Avesi Partners I LP, with $875 million of capital commitments. The Fund was oversubscribed and closed...