The current total includes efforts of Boston-based Advent International, which has obtained additional commitments for its latest fund. It secured a total of €8.5 billion ($10.8 billion) for Advent International Global Private Equity VII LP, sister news service Reuters reported. The target was €7 billion.
In addition, The Carlyle Group LLC held the close of its latest mid-market buyout fund that targets North America. It secured $1.1 billion for Carlyle U.S. Equity Opportunity Fund LP, which had a goal of $1 billion.
Thomson Reuters, the publisher of Buyouts, counted 36 deals that involved U.S.-based financial sponsors from November 6 to November 19. Ten deals reported financial terms and combined for 7.4 billion. Year-to-date deal volume closed at $88.3 billion.
The latest increase was aided by a couple of large deals. Tallgrass Energy Partners LP, a unit of The Energy & Minerals Group and Kelso & Co., acquired assets from Kinder Morgan Energy Partners LP for $3.3 billion. The deal included Kinder Morgan Interstate Gas Transmission, Trailblazer Pipeline Co., Casper-Douglas natural gas processing, West Frenchie Draw treating facilities and a 50 percent interest in the Rockies Express Pipeline.
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