GenNx360 Closes $865M Fund IV: The Realized-Distribution Test That LPs Are Now Demanding
GenNx360 closed $865M Fund IV above target on Sep 3, 2026, while middle-market PE was down 40%-plus because the firm returned $1.3B in cash to LPs.
GenNx360 Capital Partners Closes Record $865 Million Fund IV
GenNx360 Capital Partners closed its fourth flagship fund at $865 million, the largest raise in the firm's 20-year history, according to the firm's own announcement .
Aldine Capital Fund V: Inside the $308M SBIC Backing Independent Sponsors
TL;DR: Aldine Capital Partners closed Fund V at $308 million in July 2026, oversubscribed, and on August 20 the Fire and Police Pension Association of Colorado disclosed a $20 million commitment to it
How to Vet an SBIC Fund Before You Commit Capital
TL;DR: Aldine Capital Partners closed its fifth SBIC fund at $308 million in July 2026, oversubscribed, joining a program that now holds roughly $53 billion in combined private capital and SBA-backed
Broadwing Capital Closes Debut Fund at $440M, Defying a Brutal PE Fundraising Market
TL;DR: Broadwing Capital Management, a Dallas-based lower middle market buyout shop, closed its debut fund, Fund I, at $440 million: $90 million above its $350 million target and oversubscribed ,...
Regal Healthcare Capital Partners Closes RHCP IV at $610M, Above Target
TL;DR: Regal Healthcare Capital Partners closed its fourth fund, RHCP IV, at $610M in total commitments on July 7, 2026, beating its $550M target by roughly 11%, according to Regal's press release
Star Mountain CFO I: What a KBRA-Rated Collateralized Fund Obligation Tells You About Where Insurance Capital Is Flowing
TL;DR: Star Mountain Capital, an employee-owned New York-based alternative asset manager with approximately $5 billion in assets under management (AUM as of July 31, 2026), has closed Star Mountain CF
LLCP Closes $2B Lower Middle Market Fund IV at Hard Cap: The Structured PE Model LPs Are Backing
On July 28, 2026, Linden MacFarlane Capital Partners ( LLCP ) closed Lower Middle Market Fund IV at its $2.0 billion hard cap, exceeding the $1.7 billion target. The oversubscribed raise drew capital
PGIM Acquires Deerpath Capital: How Full-Spectrum Direct Lending Works from $5M to $500M Deals
TL;DR: PGIM announced July 27 it is acquiring the remaining 25% of Deerpath Capital, completing its full ownership of a lower middle market lender with $9 billion in AUM and 1,200 transactions over 20
Lower Middle Market Direct Lending: The Underserved $9 Billion Niche Below the Radar
TL;DR: Lower middle market (LMM) direct lending targets companies with $5M to $25M EBITDA. It pays 100 to 150 basis points more than upper-middle-market loans, carries lower leverage (4.0x vs. 5.0 to
Vesterra Capital Acquires PHFM: Inside the Facilities Management Roll-Up Thesis
Vesterra Capital Acquires PHFM: Inside the Facilities Management PE Roll-Up Thesis By Jeff Barnes, MBA | Angel Investors Network | July 27, 2026 TL;DR Vesterra Capital Partners (formerly Comvest Private Equity) just…
TZP Group: The Lower-Middle-Market PE Firm That Got Caught Overcharging LPs (And What It Teaches Us)
In August 2025, the SEC ordered TZP Management Associates to repay $683,877 after it overcharged fund LPs on management fees for five years. A small number relative to $2.4B in assets. A loud signal a
TZP Group: Inside the Lower-Middle-Market PE Firm That Just Settled with the SEC
TL;DR TZP Group is a New York-based lower-middle-market PE firm with approximately $2.0 to $2.4 billion in AUM across buyout, growth equity, and SBIC debt strategies. In August 2025, the SEC...
TZP Group: The Lower-Middle-Market Firm That Sold AtData to Experian and Keeps Getting Invited Back
When Experian acquired AtData in February 2026, the deal closed quietly—no splashy press coverage, no announced purchase price. But for anyone tracking lower-middle-market private equity, the transaction carried a...