Sat, Apr 20, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

BayPine raises $3bn for digitization fund
Monday, September 12, 2022

Laxman Pai, Opalesque Asia:

BayPine, a Boston-based midmarket buyout firm led by David Roux (ex-Silver Lake) and Anjan Mukherjee (ex-Blackstone), raised $2.2 billion for its debut fund, exceeding its $2.0 billion target.

Including the invested capital of co-investors participating directly and indirectly alongside the fund, the fund's capital totals approximately $3.0 billion.

According to a press release from the private investment firm that drives digital transformation in market-leading businesses, BayPine Capital Partners Fund I's investor base is comprised of leading global institutions, including public and private pension plans, sovereign wealth funds, endowments and foundations, insurance companies, family offices and high net worth individuals.

BayPine was formed in 2019 by Managing Partners David Roux, Co-Founder, and former Co-CEO and Chairman of Silver Lake, and Anjan Mukherjee, former Senior Managing Director at Blackstone and Counselor to the Secretary and Deputy Assistant Secretary for Financial Institutions at the U.S. Department of the Treasury.

The firm's strategy seeks to instill durable core-economy companies with the execution speed, innovation mindset, and technology infrastructure of leading "new economy" businesses, said the press release.

BayPine's team of established investors and seasoned operators aims to drive value in its portfolio companies by developing and implementing a comprehensive digital transformation agenda, ena......................

To view our full article Click here
Article link
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1

Click here for More about Opalesque Tracking
- A new, unique Premium Service -
  1. millennium
  2. whitebox
  3. lmr
  4. deshaw
  5. kedge
  1. mortgage fund
  2. Man Group
  3. social media
  4. Mark
  5. marshall wace