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Chris Witkowsky

MiddleGround Capital founding partner John Stewart
MiddleGround saw an opportunity to raise an interim fund after its investments in Dura Automotive Systems and Shiloh Industries, both of which required large equity checks.
The fundraising total includes $460 million in LP commitments and a $180 million GP commitment.
Alternatives has more than $6 trillion in assets under management, and only about $100 billion of that trades hands in secondaries, Blackstone president Jonathan Gray said.
Lightsmith, formed by ex-Siguler Guff executive Jay Koh, pursues growth investments in businesses taking on the challenges created by climate change.
First-time fundraising is harder than ever. The first-timers who are attracting capital tend to be those who managed to build up LP relationships, and track records, while at bigger shops.
Arcline is part of a small group of newish managers braving the slow fundraising markets to raise new funds.
The firm is one of a group of established managers hitting the pandemic-scarred markets that is expected to have a fairly smooth path to final close.
Under a “blue wave” scenario, progressive politicians like Sen. Elizabeth Warren would have more power to target aspects of the financial system they have consistently criticized, including private equity.
Vista Equity Partners, Robert Smith, private equity, pension fund
Smith will pay his penalty and back taxes, and then should get on with the business of running and growing Vista, several LPs told Buyouts.
Rainier Partners is among a select few first-time funds braving the fundraising markets that lean toward more established managers as LPs look for familiarity.

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