Fundraising

The firm, founded by a former co-head of US healthcare at Apax Partners, has fund commitments from LACERS and Los Angeles Police & Fire.

The firm exceeded its $3bn target and committed 5% to the fund.

The developing Mexican private equity market is currently the hot spot for Latam investments, but the path to a more mature market is not without hurdles.

Revolution Growth III closed on $525m, above its $450m target, to invest in companies outside of the Silicon Valley area.

The industry charity is urging private equity participants to register for its annual triathlon, which will take place in September.

The SME specialist is seeking £40m and will have a two-year investment period.

Kelso Investment Associates IX has closed on $2.6bn, a fraction above its target.

The Silicon Valley power-house will continue to invest in tech companies through its latest venture capital fund.

The new firm is currently targeting £100m for its first institutionally-backed fund.

The firm has crossed the $500m mark for its latest micro-cap vehicle.