Private equity fundraising has slowed down in 2018, after a strong 8-year run. The amount of capital raised annually for new funds by U.S. private equity firms increased more than threefold from 2010 (when nearly $71 billion was raised) to 2017 (when $243 billion was raised).
Peak Rock Capital is buying Tyson Foods Inc.'s (NYSE: TSN) TNT pizza crust business, as Tyson sheds units to focus on its proteins division. The target makes baked crusts, self-rising crusts and flat breads for the foodservice and retail industries.
From the Carlyle Group and PPC Partners to Huron Capital and Soundcore Capital Partners, these 10 PE firms raised new funds recently, despite an overall dip in fundraising for U.S. private equity firms.
Quantum Energy Partners, which backs oil drilling companies such as HG Energy, has raised its seventh private equity fund at around $5.8 billion. Quantum is a Houston-based energy-focused private equity firm.
Audax Private Equity, Advent International, Blackstone Energy, Court Square and Landmark Equity Partners, are raising capital according to SEC filings.
Sycamore Partners, which counts Staples among its investments, has raised its third fund at $4.75 billion. The New York-based PE firm now has about $10 billion in assets.
The Carlyle Group LP (Nasdaq: CG) closed its biggest fund yet, raising $18.5 billion as money pours into the private equity industry from investors seeking the high returns it has historically delivered.
