Evolution and Challenges in Private Equity Fundraising Post-Financial Crisis | Patricia Volhard - Partner of Debevoise & Plimpton LLP 00:10:00

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Clayton, Dubilier & Rice in the formation of Clayton, Dubilier & Rice Fund XII, an approximately $26 billion fund, its largest fund to date. Glendower Capital in the formation of its Secondary Opportunities Fund V, a $5.8 billion global secondary private equity fund. LCM Partners in the formation of Credit Opportunities 4 Strategy, a €4.1 billion private credit fund. KKR in the formation of its KKR European Fund VI, an $8 billion fund focused on private equity investments primarily in the developed economies of Western Europe. Tikehau Capital in its $300 million inaugural collateralized fund obligation. Apera Asset Management in the formation of Apera Private Debt Fund II, a €1.27 billion pan-European mid-market private debt fund. AfricInvest in the formation of AfricInvest Fund IV, its largest ever Africa-focused fund with total commitments of $411 million. Clayton, Dubilier & Rice in the sale of its investment in Belron, a worldwide leader in vehicle glass repair and replacement, valuing the company at €21 billion, including the formation of a new special purpose vehicle formed to continue CD&R’s partnership with Belron. The transaction was named “Secondaries Deal of the Year” by Buyouts magazine. Top Tier Capital Partners in the formation of Top Tier European Venture Capital Fund SCSp, a €260 million European venture capital fund of funds.

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