Alex Lynn
The firm is expected to raise €2.5bn to €3bn for the “highly oversubscribed” Equistone VI, which does not have a formal hard-cap, according to a source with knowledge of the fund.
The investment firm is seeking $2.5bn for HarbourVest Partners Co-investment V, exceeding the $1bn it targeted for Fund IV, Private Equity International has learned.
The Tennessee-native and Bain Capital founder is remembered by the private equity industry for his influence and inspiration.
The third Hall of Famer is the 2005-vintage fifth fund from Boston-headquartered firm Advent International.
The London-based firm has bolstered its investment team with two appointments after opening an Edinburgh office.
The firm is aiming to hold a first close for Bain Capital Special Situations Europe in April, according to a Bain document seen by PEI.
The Toronto-based firm is targeting $750m for Whitehorse Liquidity Partners II with a $1bn hard-cap, sister publication Secondaries Investor has learned.
The private equity firm is also expected to begin raising its fourth Asian fund in the third quarter, Private Equity International has learned.
The Warsaw-based firm held a first close on over €75m in December and will complete another this month to accommodate an additional limited partner, PEI understands.
Private equity fundraising veteran will no doubt be called upon as the secondaries firm ramps up marketing for its eighth global fund.