Market At A Glance

Clayton Dubilier & Rice has secured more than $3.28 billion for its eighth fund, which has a $7.5 billion target. Cowen Healthcare Royalty Partners hit the $500 million hard cap for its debut effort. ABRY Partners also raised $670 million for Abry Advanced Securities Fund LP, which has an $800 million hard cap. And Riverside Co. added to the total by collecting $550 million for its fifth North American LBO fund and $100 million for its debut Asia effort.

Deal activity remained sluggish during the last week. Reuters, publisher of Buyouts, tracked 13 LBO transactions during the past week, and the five with disclosed prices had a total value of about $1.1 billion.

Advent International Corp. led the activity with its $535.1 million purchase of Craegmoor Healthcare Ltd. Year-to-date disclosed deal volume rose to $64.3 billion.