RHC Pipeline Report v19.28

RHC REPORT HIGHLIGHT

LOS ANGELESJuly 17, 2019 /PRNewswire/ — Today, Fifth Wall, the largest venture capital firm focused on technologies for the global real estate industry (property technology or “proptech”), announced the close of its second real estate technology fund. The oversubscribed $503 million Fund II more than doubled the size of Fifth Wall’s initial fund, which closed in May 2017 at $212 million.

Read more: https://www.prnewswire.com/news-releases/fifth-wall-closes-new-503-million-fund-the-largest-real-estate-venture-capital-fund-raised-to-date-300885325.html

RHC PIPELINE REPORT

  • WHP Global, a NYC-based new brand management platform, received a $200m equity investment from funds managed by Oaktree Capital Management, L.P., and announced the acquisition of global fashion brand Anne Klein
  • IQ Capital, a Cambridge and London, UK-based deep-tech venture capital firm, has announced the raise of two funds for a total of over $300m
  • Bow River Capital, a Denver, CO-based closed its latest growth equity fund, at $160m
  • RA Capital Management, LLC, a Boston, MA-based venture capital firm, closed its inaugural venture fund, at just over $300m
  • Adara Ventures, a venture capital firm based in Luxembourg, completed the first closing of its third fund, with commitments in excess of €65m
  • AV Group Ltd., an asset manager with offices in New York, Cayman Islands, Norway and Singapore with a focus on growing Norwegian based ESG and Impact companies globally, has just launched two funds
  • Vista Equity Partners, an investment firm focused on enterprise software, data, and technology-enabled businesses, closed a second fund, at $850m
  • Sierra Ventures, a San Mateo, CA-based early-stage technology focused venture capital firm, closed the twelfth investment fund, at $215m
  • Fifth Wall, a Los Angeles, Calif.–based venture capital firm focused on technologies for the global real estate industry, closed its second fund, at $503m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.27

RHC REPORT HIGHLIGHT

Billionaires Robert Smith and Brian Sheth, cofounders of Vista Equity Partners, are in the midst of raising a mammoth $16 billion software buyout fund that could usher in deals the likes of which the sector has never seen before. Even as Vista continues to grow its assets dramatically, the software-focused private equity giant isn’t leaving behind the small, high-growth companies that have been critical to its success.

On Thursday morning Vista completed a $850 million fundraise for its Endeavor Fund II, a private equity pool aimed at buying fast-growing enterprise software companies with between $10 million and $30 million in annual recurring revenue and growing them into businesses many multiples of that size. These deals are often done with checks of between $30 million and $100 million, a fraction of the multibillion-dollar buyouts that have made Vista a highly followed force in the world of private equity, but they offer returns that are on par or better than the bigger fish and help it remain expert in the emerging trends and companies in the massive and ever-growing software industry.

Read more:  https://www.forbes.com/sites/antoinegara/2019/07/11/robert-smith-brian-sheth-vista-equity-software-buyouts/#3e053f9b4d81

RHC PIPELINE REPORT

  • 42CAP, a Munich, Germany based seed stage venture capital firm focused on investing B2B software startups, closed its second fund, at €50m
  • e.ventures, a San Francisco and Berlin, Germany-based tech-enabled venture capital firm, announced $400M in new capital across two early stage funds
  • Maniv Mobility, a Tel Aviv, Israel-based mobility venture capital firm, closed its second fund, at $100M
  • Flexpoint Ford, LLC, a Chicago, IL-based private equity investment firm specializing in the financial services and healthcare industries, held the first and final closing of two funds, at $2.0 billion
  • YL Ventures, a San Francisco, CA and Tel Aviv, Israel-based venture capital firm specializing in seed-stage investing in Israeli cybersecurity startups, closed its fourth fund, at $120m
  • Vice Ventures, a Brooklyn, New York-based seed-stage venture capital fund investing in good companies operating in “bad” industries, has started activity
  • YPF, an Argentinian energy company with $15B in revenue and 21 thousand employees, has launched YPF Ventures, a corporate venture capital fund that will expand the company’s reach into emerging energy businesses
  • Great Hill Partners, a Boston, MA-based growth-oriented private equity firm, closed its seventh fund, at $2.5 billion
  • Adara Ventures, a venture capital firm based in Luxembourg, completed the first closing of its third fund, with commitments in excess of €65m
  • AV Group Ltd., an asset manager with offices in New York, Cayman Islands, Norway and Singapore with a focus on growing Norwegian based ESG and Impact companies globally, has just launched two funds
  • Vista Equity Partners, an investment firm focused on enterprise software, data, and technology-enabled businesses, closed a second fund, at $850m

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.26

RHC REPORT HIGHLIGHT

WASHINGTON–(BUSINESS WIRE)–Arlington Capital Partners (“Arlington” or the “Firm”), a Washington, D.C. area based private equity investment firm focused on government-regulated sectors, today announced that it has successfully raised its latest fund, Arlington Capital Partners V, L.P. (“Fund V” or the “Fund”) with total capital commitments of approximately $1.7 billion – hitting the Fund’s hard cap. The fundraise, which was significantly oversubscribed, successfully reached its final closing in three months from its launch. The Fund sourced capital commitments from a hand-selected, globally diverse group of marquis investors, including public pension funds, corporate pension funds, insurance companies, fund of funds, and foundations.

Read More: https://www.businesswire.com/news/home/20190625005829/en/Arlington-Capital-Partners-Announces-Final-Closing-Oversubscribed

RHC PIPELINE

  • Warburg Pincus, the global private equity firm focused on growth investing, closed Warburg Pincus China-Southeast Asia II, L.P., at $4.25 billion
  • Clearlake Capital Group, L.P., a Santa Monica, Calif.-based private investment firm with a sector-focused approach, completed fundraising for Clearlake Opportunities Partners II, at $1.4 billion in commitments
  • Vesalius Biocapital III, the Strassen, Luxembourg-based specialist life sciences venture capital investor, closed the VBC III fund, securing €120m of equity commitments
  • Investment management firm DTCP has secured additional capital commitments from two corporate sponsors for its second venture and growth fund, which closed at USD350m
  • London, UK-based venture capital firm Dawn Capital has closed its new Opportunities Fund, at $125m
  • GP Bullhound, a technology advisory and investment firm, closed GP Bullhound Fund IV at, €113m
  • Arlington Capital Partners, a Chevy Chase, MD-based private equity investment firm focused on government-regulated sectors, raised its latest fund, with total capital commitments of approximately $1.7 billion

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

 

RHC Pipeline Report v19.25

RHC REPORT HIGHLIGHT

Nova is another acquisition for TPG Growth controlled healthcare platform, AHH (Asia Healthcare Holdings) which has acquired several single specialty focused healthcare providers. AHH was formed in mid-2016 with an aim to build Asia’s largest platform of diverse single specialty healthcare service providers in India and South Asia. With the acquisition of Nova, AHH would be the largest player in the mother and child care space in India.

Read More: https://www.prnewswire.com/news-releases/lincoln-international-advises-nova-ivi-on-its-sale-to-tpg-growth-300867198.html

 

RHC PIPELINE REPORT

  • HOP Energy LLC, which is backed by Delos Capital and Shorevest Capital, acquired Kosco Heritage Energy LLC, a Kingston, N.Y-based distributor of heating oil. Financial terms weren’t disclosed.
  • eSolutions Inc, a portfolio company of Francisco Partners, acquired Practice Insight, a Houston, Texas-based provider of integrated electronic data interchange and revenue cycle management workflow solutions for healthcare providers. Financial terms weren’t disclosed.
  • Construction Resources, a portfolio company of Monomoy Capital Partners, acquired United Materials Inc, a Florida-based importer and distributor of surfacing materials. Financial terms weren’t disclosed.
  • FoodChain ID, a portfolio company of Paine Schwartz Partners LLC, acquired Decernis LLC, a provider of technology and content solutions for compliance, safety, and risk management. Financial terms weren’t disclosed.
  • Pamlico Capital agreed to invest in Digitech Computer LLC, a provider of revenue cycle management and technology solutions for Emergency Medical Services transport providers. Financial terms weren’t disclosed.
  • Thomas H. Lee Partners agreed to acquire AutoStore, a Norway-based robotics and software company. Financial terms weren’t disclosed.
  • Wynnchurch Capital acquired MPL, a Fairland, Ind.-based provider of cultured marble products for the hospitality and multifamily housing markets. Financial terms weren’t disclosed.
  • Quorum Software, a portfolio company of Thoma Bravo, acquired Archeio Technologies, a Dallas-based provider of oil and gas document classification and smart search technology. Financial terms weren’t disclosed.
  • Xirgo Technologies, LlLC, a portfolio company of HKW acquired UAB Baltic Car Equipmenta Lithuania-based manufacturer of telemetry equipment.
  • Kayne Partners invested $25 million in Elevate, a provider of consulting, technology and services to law departments and law firms.
  • Great Point Partners recapitalized SteriPack, an Ireland-based contract manufacturing and services company serving the medical device and pharmaceutical industries. Financial terms weren’t disclosed.
  • Bobit Business Media, a portfolio company of Gemspring Capital, acquired Warranty Chain Management Conference, an annual forum for warranty professionals and executives. Financial terms weren’t disclosed.
  • Parker Building Supplies, a portfolio company of Cairngorm Capital Partners, acquired Sussex Turnery and Moulding Co Ltd, a U.K.-based builders’ merchant and wholesale timber processing and distribution business. Financial terms weren’t disclosed.
  • Unifrax, backed by Clearlake Capital Group, acquired Stellar Materials LLC, a maker of specialty chemistries and materials. Financial terms weren’t disclosed.
  • Morgan Stanley Capital Partners acquired Ovation Fertility, a Los Angeles-based provider of in-vitro fertilization laboratory services, from WindRose Health Investors. Financial terms weren’t disclosed.
  • Nordic Capital agreed to acquire a majority stake of ArisGlobal, a Coral Gables, Fla.-based life sciences software company, in a deal that values the company at $700 million including debt, according to The Wall Street Journal.
  • BARBRI Inc, which is backed by Leeds Equity Partners LLC, acquired The Center for Legal Studies, a provider of online programs and training courses for paralegals and other legal support professionals. Financial terms weren’t disclosed.
  • Wealth Enhancement Group, a portfolio company of Lightyear Capital, agreed to buy Planning Solutions Group, a Fulton, Md.-based financial advisory business. Financial terms weren’t disclosed.
  • CutisPharma Inc, a portfolio company of NovaQuest Capital Management, acquired Silvergate Pharmaceuticals Inc, a developer of pediatric medications. Financial terms weren’t disclosed. NovaQuest will own a majority of the combined company, called Azurity Pharmaceuticals.
  • Xpressdocs Partners, which is backed by Falcata Capital, acquired Amazingmail, a Phoenix, Ariz.-based provider of direct mail solutions. Financial terms weren’t disclosed.
  • TPG Growth acquired Nova IVI, an India-based provider of fertility treatment services. Financial terms weren’t disclosed.

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

Keywords > TPG Growth, Nova IVI, Asia healthcare Holdings, AHH, Xpressdocs Partners, Falcata Capital, Amazingmail, CutisPharma Inc, NovaQuest Capital Management, Silvergate Pharmaceuticals Inc, Planning Solutions Group, Wealth Enhancement Group, 

RHC Report v19.24

RHC REPORT HIGHLIGHT

L Catterton Asia, the Asian Franchise of consumer growth investment firm L Catterton, raised over $1.286 billion for its third regional fund.

According to an SEC filing, L Catterton Asia 3 LP has been supported by 55 investors.

The final target of the fund was not listed in the document.

The Pan-Asian consumer-focused private equity firm provides revenue and operating capabilities to backed companies including Asiaray, Bateel, Celavi, Crystal Jade Dondup, DR:WU, Genesis Luxury, Genstle Monster, GXG, Impresario, Marubi, Owndays, Will’s, Seafolly, etc.

Read more:  http://www.finsmes.com/2019/06/l-catterton-asia-raises-over-1-286-billion-for-third-regional-fund.html

Another good read: PE Meg-Fund Strategy Overview: Part 1 vis this URL:

https://pitchbook.com/news/reports/1q-2019-pitchbook-analyst-note-pe-mega-fund-strategy-overview-part-i

RHC REPORT

  • Inner Loop Capital, a Baltimore, MD-based seed-stage venture capital firm supporting founders of cybersecurity and enterprise technology companies in the Washington, D.C. region, announced a new $2.6m Syndicate Fund
  • Germany-based seed-stage venture capital firm High-Tech Gründerfondsrecently received a €3m investment for its Fund III
  • Valo Ventures, a Palo Alto, CA-based venture capital firm, raised $175m for first fund
  • Global leader in consulting, technology services and digital transformationCapgemini (Capgemini Ventures) and French venture capital firm ISAI have teamed up to launch an investment fund focused on B2B startups and scaleups
  • Crane Venture Partners, a London, UK-based venture capital firm focused on early-stage intelligent enterprise startups, closed Crane I, its first institutional fund, at $90m
  • Invest Detroit Ventures received philanthropic support to begin the effort to turn its First Capital Fund into an evergreen fund that will support early-stage Michigan startups for years to come
  • Willis Towers Watson (NASDAQ: WLTW), an Arlington, Va.-based global advisory, broking and solutions company, launched a venture capital initiative
  • BDC Capital, the investment arm of BDC, is launching the $250m Industrial Innovation Venture Fund
  • The Abu Dhabi Investment Office, ADIO, has launched an AED535m fund to grow Abu Dhabi’s Venture Capital, VC, and start-up ecosystem
  • Cresco Capital Partners, a NYC-based private equity firm focused on the legal cannabis industry, closed $60m for its second fund
  • Westbridge Capital, a London and Cardiff, UK-based private equity investment firm, closed its latest fund at £140m
  • Third Rock Ventures, LLC, a Boston, MA-based life sciences venture capital firm, closed Third Rock Ventures V, LP, at $770m
  • L Catterton Asia, the Asian Franchise of consumer growth investment firm L Catterton, raised over $1.286 billion for its third regional fund

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources.  We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.23

RHC REPORT HIGHLIGHT

BOCA RATON, Fla.June 5, 2019 /PRNewswire/ –Digital Colony Management, LLC (“Digital Colony”), a global investment firm dedicated to strategic opportunities in digital infrastructure, today announced the final closing of its inaugural fund, Digital Colony Partners, LP (“the Fund”), with $4.05 billion in commitments, surpassing its original target of $3.0 billion. Digital Colony was launched in 2018 by Digital Bridge Holdings, LLC, a leading investor in and operator of companies enabling the next generation of mobile and internet connectivity, and Colony Capital, Inc. (NYSE: CLNY), a leading global real estate and investment management firm.

Read more: https://www.prnewswire.com/news-releases/digital-colony-announces-closing-of-inaugural-fund-at-4-05-billion-300862427.html

RHC PIPELINE REPORT

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources.  We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

RHC Pipeline Report v19.22

RHC REPORT HIGHLIGHT

MILWAUKEE, May 30, 2019 /PRNewswire/ — Northwestern Mutual announced today it has designated $150 million to form Northwestern Mutual Future Ventures Fund II, an extension of the company’s corporate venture capital fund that launched in 2017. Northwestern Mutual Future Ventures Fund II will continue to advance the company’s investment strategy and provide a greater opportunity to engage startups whose technologies have the potential to further transform how people experience and achieve financial security.

Read More: https://www.wisbusiness.com/2019/northwestern-mutual-announces-150-million-venture-capital-commitment/

RHC PIPELINE REPORT

  • XFactor Ventures, a NYC-based venture capital firm focused on investing in companies with at least one female founder, launched its second fund, with $8.6m in capital commitments
  • Santé Ventures, an Austin, Texas-based healthcare and life sciences investment firm, closed its third fund, at $250m
  • Global agrifood investment firm Finistere Ventures, venture investor OurCrowd, Israeli food manufacturer Tnuva, and Israeli beverage company Tempo Beverages created a consortium to invest $100M in Israeli agrifood startups
  • Venture capital firm Panacea Venture raised over $180.5k for its first healthcare fund
  • Newly formed Paris and London based venture capital firm Future Positive Capital has launched its Pan-European deep tech fund and held the first close, at $57.1m
  • Northwestern Mutual has committed $150m to the second fund of Northwestern Mutual Future Ventures, an extension of its corporate venture capital fund that launched in 2017

Other deals coming soon!

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

 

RHC Pipleine Report v19.21

RHC REPORT HIGHLIGHT

EVON, PENNSYLVANIA – May 22, 2019 – L2 Capital Partners, L.P. (“L2” or “L2 Capital”) (www.L2Capital.net) announced the acquisition of Jurassic Quest Holdings, LLC and its wholly-owned subsidiaries (collectively “Jurassic Quest®”, “JQ”, or the “Company”), together, a family event business that produces the leading interactive dinosaur events in North America. Terms of the deal were not announced.

Read More Crunchbase:  https://www.crunchbase.com/acquisition/l2-capital-partners-acquires-jurassic-quest–1a8d0a82

Read More PEHub: https://www.pehub.com/2019/05/l2-capital-acquires-interactive-dinosaur-events-producer-jurassic-quest/#

RHC PIPELINE REPORT

  • The Riverside Company acquired Northern Colorado Traffic Control, a traffic management provider. Financial terms weren’t disclosed.
  • Intapp, which is backed by Temasek and Great Hill Partners, acquired OnePlace, a Richmond, Va.-based provider of cloud-based solutions for marketing and business development teams. Financial terms weren’t disclosed.
  • Triton Pacific Capital Partners made an investment in MAP Health Management, an Austin-based provider of peer recovery support services and data insights for people with substance use disorders. Financial terms weren’t disclosed.
  • Cove Hill Partners made an investment in LiveAuctioneers, a New York-based online live-auction marketplace for fine and decorative art, antiques, jewelry, and vintage collectibles. Financial terms weren’t disclosed.
  • Clayton, Dubilier & Rice invested $150 million in MOD Super Fast Pizza Holdings LLC, a Seattle-based owner, and operator of a network of company-owned and franchised pizza restaurants.
  • Seaport Capital made an investment in All Traffic Data Services Inc, a Wheat Ridge, Colo.-based provider of traffic data collection and reporting, consulting services and transportation asset management. Financial terms weren’t disclosed.
  • Frontier Capital invested in Phone2Action, an Arlington, Va.-based digital advocacy platform that connects citizens to lawmakers. Financial terms weren’t disclosed.
  • Nxgen, which is backed by Parthenon Capital Partners, acquired Payments Plus Inc, a Paducah, Ky.-based payments firm. Financial terms weren’t disclosed.
  • ParkerGale Capital made a majority investment in EditShare, a Boston-based provider of intelligent scale-out storage automated quality control, editing and media management solutions. Financial terms weren’t disclosed.
  • TowerBrook Capital Partners LP made an investment in KeHE Distributors, a Naperville, N.Y.-based provider of natural and organic, specialty and fresh products to chain and independent grocery and natural food stores. Financial terms weren’t disclosed.
  • Mainsail Partners invested $23 million in Fullbay, a Phoenix, Ariz.-based business management software provider for the heavy-duty truck repair industry.
  • Five Point Energy sold a minority stake in WaterBridge Resources LLC, a Houston, Texas-based developer and operator of water infrastructure networks, to GIC. The deal values the company at approximately $2.8 billion.
  • Post Capital Partners recapitalized Property Registration Champions, LLC, a Melbourne, Fla.-based provider of rental, foreclosure, and vacant properties’ licensing and registration services. Financial terms weren’t disclosed.
  • SugarCRM, which is backed by Accel-KKR, acquired Salesfusion, an Atlanta-based provider of marketing automation solutions. Financial terms weren’t disclosed.
  • LDC acquired MSQ Partners, a London-based marketing agency. Financial terms weren’t disclosed.
  • Tapì, which is backed by Wise Equity SGR, acquired Les Bouchages Delage, a Cognac, France-based elite manufacturer. Financial terms weren’t disclosed.
  • By Light Professional IT Services LLC, which is backed by Sagewind Capital, acquired Metova Federal, a Cabot, Ark.-based cyber range and cyber training services provider for the U.S. government. Financial terms weren’t disclosed.
  • Sumeru Equity Partners invested $56 million in Criteria Corp, a West Hollywood, Calif.-based SaaS-based employment analytics platform.
  • 42 North Dental, a portfolio company of Audax Private Equity, acquired Northborough Dental Associates, a Massachusetts-based dental office. Financial terms weren’t disclosed.
  • H.I.G. Capital agreed to make an investment in Riveron, a Dallas, Texas-based business adviser. Financial terms weren’t disclosed.
  • InDemand Interpreting, a portfolio company of Health Enterprise Partners, acquired Stratus Videoa Clearwater, Fla.-based video remote interpretation solutions provider, from Kinderhook
  • Solabia Group, backed by TA Associates, acquired Algatech Ltd, an Israel-based biotechnology company. Financial terms weren’t disclosed.

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources.  Our reports use third-party resources to source our news. Updated: May 26, 2019 (2019.05.26)

RHC Pipeline Report v19.20

RHC REPORT HIGHLIGHT

SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–May 6, 2019–TPG, a leading global alternative assets firm, announced today the closing of TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry. TTAD aims to provide flexible capital for founders, employees, and early investors looking for liquidity, as well as primary structured equity solutions for companies looking for additional, creative capital for growth. The fund reached $1.6 billion in capital commitments, surpassing its hard cap of $1.5 billion. TTAD is led by David Trujillo, Managing Partner and Partner, Internet, Digital Media & Communications (IDMC), and Nehal Raj, Partner, Software & Enterprise Technology.

Read More: https://www.apnews.com/Business%20Wire/0a7185e76e434c7693d2bfed2d221016

RHC PIPELINE REPORT

  • U.S. Venture Partners, a Menlo Park, CA-based venture capital firm, raised $292.6m for its latest fund
  • Global venture capital firm Accel closed its sixth fund to be invested in early-stage companies across Europe and Israel, at $575m
  • Hull Street Energy, LLC, a Bethesda, Maryland-based private equity firm, closed Hull Street Energy Partners I, L.P., including parallel funds and co-investment vehicles, at over $500m
  • Spur Energy Partners and global investment firm KKR have formed a partnership to acquire large, high-margin oil and gas production and development assets across the Lower 48
  • Sapphire Ventures, a Palo Alto, CA-based venture capital firm, is to raise a new opportunity fund
  • Greenspring Associates, a venture capital investment platform, led a recapitalization of Altos Ventures IV, LP., a 2008 vintage fund
  • LeapFrog Investments has closed a dedicated impact fund manager, at $700m
  • Fuel Capital, a Burlingame, CA-based early-stage venture capital firm, closed its third fund, at $75M
  • Universal Display Corporation (Nasdaq: OLED), a provider of technology and materials that enable energy-efficient displays and lighting, launched its corporate venture arm
  • Philippines-based Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was selected by Ayala Corporation (AC) to manage its new US$150m venture capital fund
  • Gainline Capital Partners LP, a Stamford, CT-based private equity firm that invests in U.S.-based lower middle-market companies, closed its $155m debut fund
  • TPG, a global alternative assets firm, closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry

 

RHC Pipeline Report v19.19

RHC REPORT HIGHLIGHT

BOSTON–(BUSINESS WIRE)–TA Associates, a leading global growth private equity firm, today announced the first and final closing of TA XIII with total commitments at its hard cap of $8.5 billion. Launched in the first quarter of 2019, TA XIII was oversubscribed and exceeded its original $7.5 billion target.

Read More: https://www.businesswire.com/news/home/20190507005356/en/TA-Associates-Closes-Thirteenth-Flagship-Private-Equity

RHC PIPELINE REPORT

  • MIT Solve, a Cambridge, Mass.-based initiative of the Massachusetts Institute of Technology that advances lasting solutions from tech entrepreneurs to address the world’s most pressing problems, has launched a philanthropic venture fund
  • Fuel Capital, a Burlingame, CA-based early-stage venture capital firm, closed its third fund, at $75M
  • Universal Display Corporation (Nasdaq: OLED), a provider of technology and materials that enable energy-efficient displays and lighting, launched its corporate venture arm
  • Philippines-based Kickstart Ventures, Inc., a wholly-owned subsidiary of Globe Telecom, was selected by Ayala Corporation (AC) to manage its new US$150m venture capital fund
  • Gainline Capital Partners LP, a Stamford, CT-based private equity firm that invests in U.S.-based lower middle-market companies, closed its $155m debut fund
  • Antler, a global startup generator and early-stage venture capital firm, opened East African offices in Ethiopia and Kenya as part of its global expansion
  • Radical Ventures, a Toronto, Canada-based venture capital firm investing in entrepreneurs applying deep tech to transform massive industries, launched a new USD $350m fund focused primarily on artificial intelligence
  • The Ecosystem Integrity Fund (EIF), a San Fraancisco, CA-based sustainability-focused early growth stage investment firm, closed its third fund, at $100m
  • Pegasus Tech Ventures, a San Francisco, CA-based global venture capital firm, is launching officially
  • Seattle, WA-based early-stage technology venture capital firm Madrona Venture Group closed its first Acceleration Fund, at $100m
  • Toyota AI Ventures, a Los Altos, CA-based venture capital firm subsidiary of Toyota Research Institute, launched new $100m fund
  • Harrison Street, an alternative real asset investment firm dedicated to the Education, Healthcare and Storage sectors, closed its second European closed-end fund, Harrison Street European Property Partners II, L.P., at €500m
  • Venture capital firm Andreessen Horowitz has closed two funds totalling $2.750 billion
  • TPG, a global alternative assets firm, closed TPG Tech Adjacencies (TTAD), a new investment vehicle focused on capital solutions for the technology industry
  • TA Associates, a global growth private equity firm, closed its thirteenth private equity fund, at $8.5 billion

DISCLAIMER: This is a beta blog and all deal information is provided by AP, Bloomberg, Forbes, Fortune, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website for a press release. We do not update our posting or check the source of the news.