Bain, KKR Set To Raise New European Funds

Dec 19 2013 | 2:41am ET

A host of private-equity firms are honing their pitches for the fundraising trail next year, seeking nearly US$30 billion for funds focused on Europe.

Bain Capital, Bridgepoint Capital, Charterhouse Capital Partners and Kohlberg Kravis Roberts are among the larger firms planning European funds in 2014. Smaller players also seeking investors include Altor Equity Partners, AnaCap Financial Partners, Exponent Private Equity, HitecVision and Silverfleet Capital, according to Financial News.

Even Equistone Partners Europe, which closed its last fund less than a year ago, may seek to raise another next year.

"In Europe we have certainly seen the fundraising recovery in 2013, and for 2014 I expect a gradual recovery in investing and fundraising," AlpInvest Partners' Tatiana Chopova told FN. "Public valuations have increased significantly, implying that many investors have become underexposed to private equity relative to their targets. There were also a lot of exits this year, which dwarfed new investments, again amplifying the denominator effect."


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of