Grey Mountain Partners LLC is making headway toward its second fund, Grey Mountain Partners Fund II LP. The Boulder, Colo.-based shop has secured about $116.9 million of the total $250.0 million it hopes to raise for the vehicle, which will be used to invest in companies with revenue of more than $30 million or more than $5 million in EBITDA.
Elsewhere, Chicago lender Maranon Capital has raised about $170 million for its inaugural mezzanine fund Maranon Mezzanine Fund LP. The $250 million-targeted pool is slated for a final close sometime in December. LPs in the fund include the Arizona State Retirement System and Capricorn Investment Group.
Deal-wise, a total of 10 LBOs closed over the past two weeks, according to Thomson Reuters, publisher of Buyouts. Combined, the four deals with disclosed transaction values add up to about $2.09 billion, bringing our total year-to-date deal volume figure to $27.58 billion.
The Silver Lake-led acquisition of Skype Technologies SA, a provider of communication-related software, was by far the largest deal of the period. The Menlo Park, Calif.-based firm—along with co-investors Index Ventures, Andreessen Horowitz and the Canada Pension Plan Investment Board—acquired 70 percent of the Luxembourg-based company from eBay for about $2.0 billion in cash and notes.