Top Funding Updates in Private Equity Sector
=========================================================================================
In the dynamic world of private equity, several firms have recently secured significant capital commitments for their latest funds. Here's a rundown of the latest fundraising activities in the industry.
PSG Equity has announced an impressive $8 billion fund, as of early 2025. This fund, yet to be named, follows the successful launch of a $2 billion continuation fund, PSG Sequel, which aims to support six portfolio companies. In addition to this, PSG has completed a strategic growth investment of $125 million in HeroDevs, further demonstrating their commitment to growth opportunities.
Tikehau Capital has secured €1.2 billion for the third iteration of its special opportunities strategy. The fund, named Tikehau Special Opportunities III (TSO III), has also garnered commitments for tailored mandates and dedicated co-investment vehicles. Despite this, the exact size of the fund remains undisclosed in the current search results.
Neuberger Berman has closed its NB Specialty Finance Fund III LP at over $1.6 billion, surpassing its initial $1 billion target. The fund, already 45% deployed, marks a major milestone in Neuberger Berman's asset-based finance strategy. Unfortunately, the fund size for Neuberger Berman's latest growth equity fund remains unspecified in the search results.
GTCR closed its latest fund, Strategic Growth Fund II (SGF II), at $3.6 billion. SGF II received an additional $225 million commitment from GTCR itself. However, details on the size of their latest fund are not explicitly found in the provided search results. GTCR's deal-making activities were evident, as seen in the sale of Worldpay in 2025, but no specific fund size is referenced in the market commentary.
SGF II significantly exceeded its $2.75 billion target, demonstrating strong investor confidence in GTCR's strategy. PSG's sixth North American flagship fund, PSG VI, closed at $6 billion, rounding off a successful fundraising season for both firms.
It's important to note that while these fundraisings represent significant achievements, not all firms have disclosed the exact size of their latest funds. For instance, no confirmed latest fund sizes for GTCR, Neuberger Berman, or Tikehau Capital were found in the current search results. Additional, updated firm disclosures or news releases would be needed to provide these details.
This round of fundraisings underscores the ongoing confidence in the private equity sector, with firms continuing to attract substantial capital to fuel growth and investment opportunities. As these firms deploy their capital, we can expect to see a continued impact on the global economic landscape.
- The limited partners (LPs) of PSG Equity have committed a total of $8 billion for the newest, as-yet-unnamed fund, following the success of PSG Sequel, a continuation fund with a $2 billion target.
- Tikehau Capital's TSO III fund, focused on special opportunities, has secured €1.2 billion, with additional commitments for tailored mandates and co-investment vehicles, although the exact fund size has not been disclosed.
- Neuberger Berman's NB Specialty Finance Fund III LP has surpassed its $1 billion target, closing at over $1.6 billion, while details about the size of their latest growth equity fund remain undisclosed.
- Despite GTCR's successful fundraising for Strategic Growth Fund II (SGF II), which closed at $3.6 billion, the size of their latest fund is not explicitly stated in the provided search results.
- The growth equity fund of both PSG Equity and GTCR have significantly exceeded their respective targets, exhibiting strong investor confidence in their strategies, and demonstrating the ongoing belief in the private equity sector for financing growth and investment opportunities.
