Monthly Archives: August 2026

Reach Capital Closes a $265 Million Fund V With a Public-Pension LP:

HedgeCo.Net — Reach Capital closed Reach V at $265 million on August 18. The San Francisco firm said the fund was oversubscribed and was raised in less than six months. Checks will… Continue reading

Francisco Partners Takes Weave Private at $7.40, a $650 Million Equity Check:

HedgeCo.Net — Weave Communications (NYSE: WEAV) and Francisco Partners announced a definitive all-cash agreement on August 18 for Francisco Partners to acquire Weave at $7.40 a sha… Continue reading

Antin Completes the Vigor Marine Purchase From Lone Star Fund XI:

HedgeCo.Net — An affiliate of Lone Star Fund XI completed the sale of Vigor Marine Group to Antin Infrastructure Partners, the parties said in a Business Wire release dated August … Continue reading

General Atlantic Taps JPMorgan to Lead a Revived IPO Effort:

HedgeCo.Net — General Atlantic has hired JPMorgan to lead a revived IPO effort, a person familiar with the matter told Reuters on August 17, with Morgan Stanley and Goldman Sachs a… Continue reading

Homestead’s First Ag Credit Fund Closes With a $150 Million Pension Anchor:

HedgeCo.Net — Homestead Capital announced a first close on August 14 of its inaugural commingled agriculture private-credit fund, anchored by $150 million from the private-credit t… Continue reading

Spot Bitcoin ETFs Lost About $390 Million in the Week, the Most in Six Weeks:

HedgeCo.Net — Spot bitcoin ETFs posted about $390 million of net outflows in the week of August 10–14, the largest weekly withdrawal in six weeks and a reversal of the prior week’s… Continue reading

Team8 Raises $365 Million, Splitting a Third Flagship From Follow-On Reserves:

HedgeCo.Net — Team8 said on August 11 it had raised $365 million of new capital, split as $265 million for Team8 Capital III and more than $100 million of follow-on reserves. The f… Continue reading

Steadfast Extends Amwins–Dragoneer–KKR Exclusivity to August 21 at A$6.00:

HedgeCo.Net — Steadfast Group told the ASX on August 17 that the Amwins–Dragoneer–KKR consortium had reconfirmed a non-binding A$6.00-a-share cash scheme, less any dividends after … Continue reading

XA Takes the Evanston Multi-Alpha Tender Vehicle Toward a Daily Interval:

HedgeCo.Net — Shareholders of Evanston Multi-Alpha Fund approved XA Investments as adviser and Evanston Capital as sub-adviser on August 13, a change XAI announced the next day. Th… Continue reading

Brookfield Locks a Four-Week No-Talk Window on Reliance Worldwide at A$4.75:

HedgeCo.Net — Reliance Worldwide Corporation (ASX:RWC) entered a process deed with Brookfield Capital Partners on August 18 around an unsolicited, non-binding A$4.75-a-share cash s… Continue reading

Star Mountain Closes a Rated CFO to Open Lower-Middle-Market Credit to Insurers:

HedgeCo.Net — Star Mountain Capital has closed Star Mountain CFO I, a collateralized fund obligation that lets insurers and other institutions buy investment-grade-rated paper back… Continue reading

L1 Group’s First Year After Platinum Shows a 97% Profit Jump, and a One-Off Fee:

HedgeCo.Net — L1 Group posted its first full-year result since absorbing Platinum Asset Management and the headline is a 97% jump in underlying profit that includes a large one-off… Continue reading