Fundraising

Having closed its first collateralised loan obligation fund, Carlyle’s European leveraged finance division has brought in a new CFO.

The Bartlesville, Oklahoma-based venture capital fund of funds firm Knightsbridge Advisors has raised $500 million for its sixth fund, which will invest in venture partnerships and post-venture emerging tech companies.

Chicago-based Prudential Capital Partners have closed its second mezzanine fund at $775 million, exceeding its $600 million target.

The global investment bank has underlined its determination to remain active as an LBO player with the closure of its fifth co-investment vehicle, the largest buyout fund raised to date.

It may only be April, but it is already becoming clear that total funds raised by buyout firms around the world this year will shatter the total garnered in 2004.

The publicly traded investment and merchant banking firm has announced a final close on $875 million for its second private equity outing, with $136m of the total coming from the firm’s managing directors and professionals.

The UK mid-market buyout house has announced the final close of its latest vehicle four months after launch.

The Swiss fund of funds manager is currently talking to potential investors about a new vehicle that will target primarily direct investments in India.

The Capital Trust Group has launched a new vehicle dedicated to the Middle East and North Africa region with backing from the European Investment Bank.

The publicly traded investment banking firm has announced a first close on $558 million for its second private equity fund, with $135 million coming from the firm’s managing directors and professionals.