European Commission adopts implementing rules (Level 2) for the AIFMD

19 December, 2012 Brussels

The European Commission has acted to solidly underpin the new rules for Alternative Investment Fund Managers (AIFM) by today adopting a Delegated Regulation supplementing the Directive on Alternative Investment Fund Managers (AIFMD)(see MEMO/10/572). The AIFMD is part of the Union’s response to the financial crisis, and aims to create a comprehensive and effective regulatory and[...]

Encore Consumer Capital successfully closes its second fund, exceeding target fund size

19 December, 2012 San Francisco

Encore Consumer Capital (“Encore”), a consumer goods focused private equity firm, has closed its second fund with $211 million of commitments, exceeding its target fund size of $200 million. Encore was founded in 2005 by experienced investors Robert Brown and Scott Sellers, and industry executive Gary Smith. Encore Consumer Capital Fund II, LP (“Encore II”)[...]

Blue Sage closes second fund at $150 million hard cap

14 December, 2012 Austin, Texas

Blue Sage Capital, an Austin, Texas-based private investment firm, announced today the first and final closing of its oversubscribed second fund, Blue Sage Capital II, L.P.  Capital commitments totaled $150 million, above the $100 million target size.  Blue Sage received strong support from existing investors as well as new limited partners.  Blue Sage’s investors include[...]

Egeria Private Equity Fund IV oversubscribed, achieving first and final close at €600 million

13 December, 2012 The Netherlands

Dutch private equity firm Egeria has reached a first and final close on its Egeria Private Equity Fund IV L.P. (the “Fund”), successfully hitting the €600m hard-cap. The Fund was oversubscribed, achieving the close after a swift and targeted fundraising that started mid-September. The Fund will continue to target buy-out opportunities in the Dutch mid-market,[...]

Tristan secures €170 million commitments at first closing of Real Estate Private Equity Fund in European Recovery Strategy

6 December, 2012 London

Tristan Capital Partners has raised over €170 million of commitments to a first closing of its real estate private equity fund, European Property Investors Special Opportunities 3 (EPISO 3), which was launched to target investment opportunities being created by economic restructuring in distressed European markets where equity and debt capital are in short supply. Ric[...]

Platte River Equity closes Platte River Equity III, L.P. at hard cap of $405 million

5 December, 2012 Denver, CO

Platte River Equity (“Platte River”) announced today the successful closing of its third private equity investment fund, Platte River Equity III, L.P. (“Fund III”). Platte River launched fundraising in June of this year with an initial target of $350 million and closed Fund III at its hard cap of $405 million. Platte River’s investor base[...]

Dyal Capital Partners closes at $1.28 billion

3 December, 2012 New York

Dyal Capital Partners (“Dyal”), a private equity fund managed by Neuberger Berman Group LLC, is pleased to announce that it has received $1.28 billion in client commitments to make minority investments in the management companies of established hedge fund firms. The fundraising effort exceeded Dyal’s goal of $1 billion, as Dyal assembled a sophisticated global[...]

The Carlyle Group raises $1.38 billion for Energy Credit Investments

27 November, 2012 New York, NY and Houston, TX

Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that it has raised $1.38 billion for energy credit investments. Carlyle Energy Mezzanine Opportunities Fund (“CEMOF”) primarily targets investments in projects and companies in the power generation and energy sectors requiring capital of $20 million to $150 million per transaction. The fundraising effort exceeded[...]

Greycroft Partners’ Third Fund closes at $175 million

26 November, 2012 New York

Greycroft Partners, a venture capital firm that specializes in early stage Internet and media companies, announced today the closing of the fundraising for its latest Fund, Greycroft III. Greycroft III was substantially oversubscribed, but held to the original capped amount of $175 million. Virtually all of Greycroft’s previous investors committed to the new fund, including[...]

Haddington Energy Partners closes on $350 million private equity fund for midstream energy investments

15 November, 2012 Houston, Texas

Haddington Ventures, L.L.C. announced today that it has closed its latest private equity fund, Haddington Energy Partners IV, LP (HEP IV), with total committed capital of nearly $350 million targeted for investments in midstream energy infrastructure. According to senior managing partner Chris Jones, HEP IV is targeting conventional midstream opportunities and is seeking to invest[...]