Fundraising

LPs will be watching with interest as one of the industry’s heavyweights cements its new positioning.

The sale comes as the firm continues to raise its fourth fund, targeting £200m.

With Cinven’s sixth fund nearing a €7 billion close, Private Healthcare Investor caught up with healthcare team principal, Matt Norton, looking for clues on where it is hunting down its latest healthcare deals.

In the last year six funds have broken the $10 billion mark: TPG takes the crown for longest on the road.

The former captive investor of Allianz is targeting fund closes across secondaries and private debt strategies in what could be its biggest fundraising year since spin-out.

The small-cap arm of pan-European firm Bridgepoint has reached its hard-cap after just three months in market.

The firm has launched its first sector specific vehicle that will invest in high-growth companies.

The London-based healthcare specialist has made its first acquisition from the new vehicle.

TPG has reached final close on its latest flagship vehicle drawing commitments from both returning and new investors.

The fund, which officially launched last May, is expected to reach its £425m target by the summer.