NEW FUNDS
Gauge Closes Fund IV at $1.4 Billion
Gauge Capital has held an oversubscribed closing of its fourth fund, Guage Capital IV LP (Fund IV), with $1.4 billion of capital commitments. In aggregate, members of Gauge Capital are the largest investor in the…...
Cortec Tops Fund VIII Hardcap
Cortec Group has held the final close of its eighth institutional private equity fund, Cortec Group Fund VIII LP (Fund VIII) with $3.2 billion of total capital commitments. Cortec’s newest fund closed above its target…...
Avista Closes Fund VI
Avista Capital Partners has held a final and above target closing of Avista Healthcare Partners VI LP (Fund VI) with $1.5 billion of capital. According to Avista, this fund is one of the largest pools…...
Ocean Avenue Hard Caps Another Fund
Ocean Avenue Capital Partners has held an oversubscribed, hard cap, and final closing of the firm’s fifth fund, Ocean Avenue Fund V LP, with $600 million in capital commitments. Limited partners in the new fund…...
CORE Closes Two New Funds Totaling $887 Million
CORE Industrial Partners has raised $887 million of capital through the closing of CORE Industrial Partners Fund III LP (Fund III) with $685 million of capital, and the closing of a new offering, CORE Industrial…...
Lucky Number Seven. Trinity Hunt Hits Hard Cap on New Fund
Trinity Hunt Partners, after five months of fundraising, has held an oversubscribed closing of Trinity Hunt Partners VII LP at its hard cap with $700 million of capital commitments. Dallas-based Trinity Hunt invests from $15…...
Northleaf Closes First Growth Equity Fund
Northleaf Capital Partners has held a final and above target closing of Northleaf Growth Fund LP (NGF), the firm’s first direct growth equity fund, with $212 million of capital. NGF will invest in North America-based growth-stage technology and healthcare companies through a combination of direct…...
Coalesce’s Inaugural Fund Closes at an Oversubscribed $900 Million
Coalesce Capital has closed its inaugural fund, Coalesce Capital Fund I LP, with $900 million in total capital. The new fund began fundraising in May 2023 and was oversubscribed and closed above its original target of $750 million. Limited partners in Fund I include endowments,…...