Fundraising

Following a sluggish first quarter, private debt fundraisers enjoyed a far more fruitful period from April to the end of June.

The Colombian firm’s third fund is expected to hold a first close in August amid regulatory changes that have freed up more investment for alternative assets.

Direct private equity assets reached $640bn, or 18% of the total managed by the top 100 alternative asset managers worldwide, according to Willis Towers Watson.

Bain Capital’s seventh venture capital fund will invest in B2B software, including software-as-a-service (SaaS) and infrastructure software.

The buyout house is no longer offering LPs the choice to opt into a deal-by-deal style waterfall in a portion of its latest fund.

The New York State Common Retirement Fund committed $1.46bn to five different tech-focused private equity funds so far in 2016.

Spinout firms and overflow of LP demand have fuelled the debut fund market.

The Miami-based private equity firm known for investing in family and founder-owned businesses will be seeking non-control investments in addition to their traditional buyout strategy.

HQ Capital’s latest fund of funds includes a US and European vehicle, respectively seeking a blend of primary and secondary investments.

The Nordic buyout firm’s fifth vehicle held a close after nine months of fundraising.