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,...
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...
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...
BB Capital Investments has launched two new funds within the firm’s private markets fund-of-funds strategy – the BB Capital Private Credit Fund and the BB Capital NextGen Fund – both of which it says are unique to the Dutch market. BB Capital Private Credit Fund...
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... 