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Market At A Glance

The latest fundraising tally for U.S.-based buyout and mezzanine shop is at about $20.5 billion. The figure reflects Blackstone Group LP securing more than $10 billion for Blackstone Real Estate Partners VII. A source familiar with the matter told Reuters that the New York-based firm seeks to obtain $12 billion for the investment vehicle.

The total also includes Thoma Bravo LLC’s closing of its latest investment vehicle. Thoma Bravo Fund X LP picked up $1.25 billion in capital, which is well above the $950 million that the Chicago-based firm was targeting.

Thomson Reuters, the publisher of Buyouts, tracked 29 transactions involving U.S.-based financial sponsors from February 23 through March 6. A couple disclosed financial terms, combining for $110.8 million. Year-to-date deal volume is at $8.98 billion.

Waud Capital Partners LLC was involved in the larger deal. Hermitage Behavioral LLC, which is owned by Waud’s Acadia Healthcare Co. Inc. portfolio company, acquired three psychiatric hospitals from Haven Behavioral Healthcare Inc. for $91 million.

In addition, Carlyle Group LLC purchased four management contracts on €2.1 billion ($2.8 billion) in European CLO assets from Highland Capital Management LP. The deal has a rank value of about $19.8 million.