Hines Surpasses €1.6bn Fundraising Target for HEVF 3

Hines Surpasses €1.6bn Fundraising Target for HEVF 3

Hines, a real estate investment manager, has exceeded its fundraising target for the Hines European Value Fund 3 (HEVF 3), securing over €1.6bn in equity commitments. Despite challenging market conditions in 2023, the fund attracted significant interest, surpassing...
Lime Rock Partners-Backed CrownRock Eyes $10bn Sale to Occidental

Lime Rock Partners-Backed CrownRock Eyes $10bn Sale to Occidental

Occidental Petroleum is one of the finalists in the auction for CrownRock, an energy producer in the west Texas area of the Permian basin, with a bid of more than $10bn, a person familiar with the matter told Reuters on Wednesday. The sale process could see an outcome...
New Heritage Capital Closes Oversubscribed $438m Fund

New Heritage Capital Closes Oversubscribed $438m Fund

New Heritage Capital (“Heritage”) announced today the closing of its oversubscribed fourth fund, New Heritage Capital IV, L.P. (the “Fund”), at $438m in total capital commitments, exceeding its target of $350m. Heritage is a Boston-based private equity firm focused on...