Marathon and Pimco raise funds – PE Fundraising Filings Digest
On 3 April, 13 private equity funds raised USD 4.8bn. A further five funds were launching new efforts and had yet to sell any securities.
New funds launching:
Apax Credit Edge III and related funds, based in St Peter Port, Guernsey, launched fundraising efforts with an undisclosed target, according to a new Form D filing with the SEC.
Blackstone Green Private Credit Fund III-E Co-Invest, based in New York, launched fundraising efforts with an undisclosed target, according to a new Form D filing with the SEC.
Grain Optimus Co-Invest-A and related funds, based in Washington, launched fundraising efforts with an undisclosed target, according to a new Form D filing with the SEC.
Grain Spectrum V-A and related funds, based in Washington, launched fundraising efforts with an undisclosed target, according to a new Form D filing with the SEC. The fund is managed by Grain Management.
New Mountain SRC Continuation Fund and related funds, based in New York, launched fundraising efforts with an undisclosed target, according to a new Form D filing with the SEC.
Funds in the market:
Marathon Securitized Credit Fund Ltd, based in Grand Cayman, sold USD 2.27bn of pooled investment fund interests to 120 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Marathon Securitized Credit Fund LP, based in New York, sold USD 794.6m of pooled investment fund interests to 96 investors with an undisclosed target, according to an amended Form D filing with the SEC.
PIMCO DISCO Contingent Capital Offshore Fund, based in Newport Beach, California, sold USD 786.0m of pooled investment fund interests to 32 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Marathon Secured Income Fund, based in New York, sold USD 419.2m of pooled investment fund interests to 77 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Schroders Capital Private Equity Continuation Opportunities III USD SCS, based in Luxembourg, sold USD 161.0m of pooled investment fund interests to 8 investors, securing 21% of its USD 750.0m target, according to a new Form D filing with the SEC.
PIMCO DISCO Contingent Capital Onshore Fund, based in Newport Beach, California, sold USD 134.1m of pooled investment fund interests to 18 investors with an undisclosed target, according to an amended Form D filing with the SEC.
MV Fund III SBIC, based in Folsom, California, sold USD 83.8m of pooled investment fund interests to 50 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Alpha Wave CI II, based in Grand Cayman, sold USD 62.0m of pooled investment fund interests to 1 investor with an undisclosed target, according to an amended Form D filing with the SEC.
Private Credit Investment Partners Fund I and related funds, based in Chicago, sold USD 33.5m of equity and pooled investment fund interests to 30 investors, securing 34% of its USD 100.0m target, according to an amended Form D filing with the SEC.
DCM Bain Capital XIV Fund, based in Coral Gables, Florida, sold USD 22.7m of equity and pooled investment fund interests to 41 investors, securing 100% of its USD 22.7m target, according to a new Form D filing with the SEC.
Waterous Energy Fund III (US), based in Calgary, sold USD 20.1m of pooled investment fund interests to 4 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Fortwest Capital Fund I, based in Grand Cayman, sold USD 11.2m of pooled investment fund interests to 8 investors with an undisclosed target, according to an amended Form D filing with the SEC.
Greenpeak Athagoras Co-Invest, based in Munich, sold USD 5.2m of pooled investment fund interests to 2 investors with an undisclosed target, according to a new Form D filing with the SEC.