Ardian Capital Asia IV had attracted $66.4m-worth of commitments as of 10 May, according to documents seen by PEI.
The firm has ‘had its arm bitten off’ by investors trying to get into Fund VIII, which will be nearly 60% larger than its predecessor.
PAI Partners was nearly destroyed by an internal dispute in 2009. It's now back in market with its seventh fund. For our February issue we sat down with the firm's head to talk about the comeback.
In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. This year we met the man charged with riding to the rescue.
European PE & VC and secondaries were the standout performers in ILPA's quarterly analysis of net internal rates of return.
Managing director Jay Park and two other private equity partners executives launched the firm in July.
The second Hall of Famer is the 2003-vintage fifth fund from Scandinavian private equity firm Nordic Capital.
The KKR alum, who spent a quarter of a century at the firm, is breaking with the traditional private equity model with his latest fund, and aiming for better GP/LP alignment.
The vehicle will be established next year to pursue the same strategy as its $2bn 2017-vintage predecessor, according to New Jersey State Investment Council documents seen by PEI.
Warburg Pincus Financial Sector, the private equity firm's debut vehicle focusing on investments in the sector, had an initial target of $1.6bn.