U.S.-based buyout and mezzanine shops have secured about $59.6 billion in commitments so far this year. Centerbridge Partners LP contributed the most in the latest tally. It picked up about $1.15 billion from 53 investors for Centerbridge Capital Partners II LP. The New York-based shop seeks to raise $3.75 billion for Fund II.
JMI Equity also completed the fundraising drive of its latest investment vehicle. JMI Equity Fund VII LP closed with $875 million. The goal was $800 million. JMI is a growth equity firm based in Baltimore, Md. It invests in software, Internet, business services and health care information technology companies.
On the deals front, Buyouts publisher Thomson Reuters tracked 15 LBO transactions from Nov. 25 to Dec. 8. The five with reported financial terms combined for $4.9 billion and pushed year-to-date tally to $56.9 billion.
The latest period was paced by two deals with rank values of at least $1 billion including Advent International Corp. and Bain Capital LLC’s purchase of an 80. 01 percent stake in RBS WorldPay, which provides card payment services, from Royal Bank of Scotland Group PLC. The deal has a rank value of $3 billion.