U.S.-based buyout and mezzanine shops continue to see a strong fundraising environment in 2011. So far this year, roughly $27.3 billion in capital commitments have been secured. The past two weeks included the efforts of EIG Global Energy Partners, which held the final close of Energy Fund XV at $4.12 billion.
Berkshire Partners LP also raised $4 billion for Berkshire Fund VIII LP, according to three sources who spoke with our sister publication, peHub. The Boston, Mass.-based firm generally invests $50 million to $500 million equity per deal. It invests in the consumer products, retailing, business services and other industries.
Thomson Reuters, the publisher of Buyouts magazine, tracked 16 deals with U.S.-based financial sponsors. The three with disclosed financial terms had a combined total value of $40 million. Cerberus Capital Management LP was active during the past two weeks. Its Steward Healthcare System LLC holding purchased both Merrimack Valley Hospital and Nashoba Valley Medical Center. The two deals had a rank value of $21 million. Year-to-date deal volume stands at $20.9 billion.