Private Equity

Fresh of the closing of its fourth secondaries fund, global alternative asset manager Hamilton Lane has raised $435 million in capital commitments for its third annual strategic credit opportunities fund. 

Houston-based Carnelian Energy Capital Management has raised $600 million for its second equity line-of-credit fund focused on the lower-to-middle market oil and gas sector.

Financial services specialist Centana Growth Partners has raised $250 million in capital commitments for its inaugural fund aimed at innovative companies across the financial services ecosystem.

River Associates Investments has raised $285 million in capital commitments for its seventh middle-market private equity fund, surpassing the original $250 million target.

CBRE Group has agreed to acquire a majority interest in private equity and infrastructure specialist Caledon Capital Management as the company expands its footprint in the investment management business. 

Fresh of the close of its new $1.9 billion private equity secondaries fund, Hamilton Lane has partnered with financial services data and technology firm Ipreo to launch a new platform aimed at addressing the considerable data challenges that exist between general partners and limited partners, and scaling, automating and normalizing the information flow between the two. 

Nashville-based wealth manager Diversified Trust has launched its sixth private equity fund, utilizing a fund-of-funds approach that plans to hold a final close in June of next year and allocate to around 20 fund managers.  

Global alternative investment manager Hamilton Lane has raised $1.9 billion in capital commitments for its fourth secondary fund, significantly surpassing its original $1.25 billion target.

Mid-market buyout firm Alpha Private Equity Group has raised €903 million in capital commitments for its seventh pan-European fund, significantly surpassing the vehicle’s original target of €800 million. 

Global alternative investment giant KKR has announced the final close of its third private equity fund to focus on Asia Pacific opportunities, raising $9.3 billion in capital commitments for what is now the largest buyout fund dedicated to the region.