Greenwich, Conn.-based Littlejohn & Co. LLC also contributed to the latest tally. It secured more than $1 billion in commitments for Littlejohn Fund IV, which has a $1.25 billion goal and a $1.35 billion hard cap. Elsewhere, Denver-based Resource Capital Funds collected $950 million for Resource Capital Fund V LP. The firm invests exclusively in the mining sector.
On the deal front, the breakdown of discussions around The Blackstone Group’s $15 billion attempt to buy Fidelity National Information Services dealt a blow to the immediate chances of a mega-market resurgence. U.S. buyout shops closed a total of 18 control-stake transactions between May 3 and May 18, according to Thomson Reuters, publisher of Buyouts. Our year-to-date disclosed deal volume now stands at $12.3 billion.
Recent deals include Sun Capital Partners’s $166 million acquisition of U.K. equipment rental company Hewden Stuart PLC, and Riverside Company’s $64.9 million purchase of juice-bar owner Boost Investment Group.