American Discovery Capital closes second fund at $190m

American Discovery Capital closes second fund at $190m

by | Jun 8, 2024 | News

Lower middle market-focused private equity firm American Discovery Capital has held the final close of American Discovery Fund II at $190m in total capital commitments.  ADC’s latest fund closed at more than three times its predecessor, American Discovery Fund I,...
Corten Capital closes second fund at €680m

Corten Capital closes second fund at €680m

by | Jun 8, 2024 | News

London-based private equity firm Corten Capital has held the final close of Corten Capital II at €680m. The fund will focus on investments in business software, services and data companies across Europe and North America.  Corten Capital I, the firm’s predecessor...
Sound Growth Partners closes Fund I at $275m hard cap

Sound Growth Partners closes Fund I at $275m hard cap

by | Jun 8, 2024 | News

Seattle-based private equity firm Sound Growth Partners (SGP) has closed its oversubscribed inaugural buyout fund at its hard cap after securing $275m in capital commitments, including anticipated leverage. The fund will invest in niche market leaders in the lower...
Pemberton and ADIA raise $1bn for PE NAV lending

Pemberton and ADIA raise $1bn for PE NAV lending

by | Jun 8, 2024 | News

Private credit investor Pemberton Asset Management is partnering with the Abu Dhabi Investment Authority to raise at least $1bn to provide net asset value loans to private equity firms, according to a report by Bloomberg. In a statement, Pemberton said that the new...