Funds Raised in Q3 2018

www.buyoutsnews.com October 8, 2018 | BUYOUTS | 53 FUNDSFUNDS RAISED RAISED IN IN Q3 Q3 20182018

The following list represents funds raised by U.S.-based LBO and mezzanine firms in 2018. The list is compiled by Buyouts’ staff from a variety of sources, including news reports, press releases, Securities and Exchange Commission filings, and conversations with general and limited partners. Buyouts attempted to contact firms on the list. The amounts below are the most current figures we could obtain at press time. Funds in black are closed. Funds in red remain open, to our knowledge. If you have any questions or comments about this list, please send them to Joseph Weitemeyer, at [email protected].

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) 1315 Capital 1315 Capital II Growth Equity 300.0 300.0 250 3G Capital 3G Capital Partners L.P. Acquisitions/Buyouts 37.0 8,000 ABRY Partners ABRY Heritage Partners Acquisitions/Buyouts 217.0 525 Accel-KKR Accel-KKR Growth Capital Partners Growth Equity 500 III LP ACM Capital Partners ACM Strategic Investment Partners Acquisitions/Buyouts 74.5 200 IV LP AE Industrial Partners AE Industrial Fund II Growth Equity 1360.0 1360.0 1000 Eaton Partners Kirkland & Ellis Aldrich Capital Partners Aldrich Capital Partners Fund LP Growth Equity 246.4 246.4 250 North Seas Securities Alliance Consumer Growth Alliance Consumer Growth Fund Growth Equity 350.0 350.0 350 IV LP Altaris Capital Partners Altaris Health Partners IV LP Acquisitions/Buyouts 800 Altaris Capital Partners Altaris Constellation Partners IV, L.P. Acquisitions/Buyouts 800 Alterian Investment Alterian Investment Partners III Acquisitions/Buyouts 350.0 350.0 350 UBS Partners American Securities American Securities Partners VIII, Acquisitions/Buyouts 7,000.0 7,000.0 6,000 Partners L.P. Amerra Capital Amerra Agri Offshore Fund III LP Acquisitions/Buyouts 455.6 750 Management Amerra Capital Amerra Agri PE Fund LP Acquisitions/Buyouts 102.2 250 Management Ampersand Capital AMP-18 Acquisitions/Buyouts 450.0 450.0 Goodwin Procter Partners LLP Amulet Capital Partners Amulet Capital Fund I, L.P. Acquisitions/Buyouts 145.0 250 Anacapa Partners Anacapa Partners III LP Acquisitions/Buyouts 100 Angelo Gordon & Co AG Energy Partners II, L.P. Distressed/Turnaround 571.6 696.9 Angelo Gordon & Co AG Capital Recovery Partners Distressed/Turnaround 271.0 414.0 Europe VIII, L.P. Angelo Gordon & Co AG Capital Recovery Partners VIII, Distressed/Turnaround 438.0 L.P. Apollo Aviation Group SASOF IV Acquisitions/Buyouts 950.0 950.0 850 Kirkland & Ellis LLP Apollo Global Management Hybrid Value Fund Acquisitions/Buyouts 3,000 Apollo Global Management Apollo Special Situations Fund, L.P. Distressed/Turnaround 360.4 750 Apollo Global Management Apollo European Principal Finance Distressed/Turnaround 1,385.2 3,500 Fund III Ara Partners Ara Fund I, LP Acquisitions/Buyouts 71.4 71.4 500 Arbel Growth Partners Arbel Growth Partners LP Acquisitions/Buyouts 1.9 1.9 50 Arctic Capital Arctic Capital Fund II, L.P. Acquisitions/Buyouts 1.1 20 Ardian Ardian North America Fund II LP Acquisitions/Buyouts, Co- 59.5 59.5 Investments Ares Management ARES ENERGY INVESTORS FUND Distressed/Turnaround 621.8 2,000 V, L.P. Aretex Capital Partners Aretex Capital Partners Fund Acquisitions/Buyouts 204.9 204.9 Park Hill Group Argand Partners Argand Partners Fund, LP Acquisitions/Buyouts 162.0 404.0 Arlon Capital Partners ARLON FOOD & AGRICULTURE Acquisitions/Buyouts 198.2 300 PARTNERS II LP Arsenal Capital Partners Arsenal III, L.P. Growth Equity 150 Open Funds Closed Funds 54 | BUYOUTS | October 8, 2018 www.buyoutsnews.com FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Asana Partners Asana Partners Fund I Acquisitions/Buyouts 280.8 500 Hodes Weill Securities Astra Capital Management Astra Capital Fund I Acquisitions/Buyouts 138.0 250 ATL Partners Aerospace, Transportation & Acquisitions/Buyouts 516.8 Logistics Fund LP Atlantic Street Capital Atlantic Street Capital III, LP Acquisitions/Buyouts 102.0 200 Management Atlas Holdings LLC Atlas Capital Resources III LP Acquisitions/Buyouts 1,675.0 1,675.0 1,500 Capstone Partners Proskauer Rose LLP Atlas Merchant Capital LLC Atlas Merchant Capital Fund LP Acquisitions/Buyouts 184.3 665.2 1,000 AUA Private Equity Partners AUA Fund II Acquisitions/Buyouts 15.0 15.0 300 Probitas Partners Audax Group Audax Private Equity Fund VI LP Acquisitions/Buyouts 3,500.0 3,500.0 3,000 Avalon Advisors Avalon Private Energy Fund, LP Acquisitions/Buyouts 356.5 Avista Capital Partners Avista Capital Fund IV Acquisitions/Buyouts 200.3 1,000 UBS Securities LLC Bain Capital Bain Capital Life Sciences Fund LP Acquisitions/Buyouts 720.0 Bain Capital Bain Capital Europe Fund V LP Acquisitions/Buyouts 5,100.0 5,100.0 4,100 Balance Point Capital Balance Point Capital Fund III Acquisitions/Buyouts 300 Banc Funds Co Banc Fund X Acquisitions/Buyouts 650 Bay Hills Capital BAY HILLS CAPITAL PARTNERS III, Acquisitions/Buyouts 69.8 L.P. BDT Capital BDT Capital Partners Fund III Acquisitions/Buyouts 9,000 Bernhard Capital Partners Bernhard Industrial Services Fund II Acquisitions/Buyouts 300.0 1,000.0 1,000 Metric Point Capital; Moelis & Co. Bertram Capital Bertram Growth Capital III LP Growth Equity 239.0 500.0 500 Kirkland & Ellis Black Bay Energy Capital Black Bay Energy, LP Acquisitions/Buyouts 137.4 137.4 200 Blackrock Blackrock Private Opportunities Co-investment 356.9 356.9 Fund IV LP Blackstone Group Blackstone Energy Partners III Acquisitions/Buyouts 100.0 100.0 4,500 Blackstone Group Blackstone Tactical Opportunities Acquisitions/Buyouts 4,045.1 8,000 Fund II LP Blackstone Group Blackstone Capital Partners Asia Acquisitions/Buyouts 2,300.0 2,300.0 Blue Ocean Equity Partners Blue Ocean Onshore Fund LP Acquisitions/Buyouts 89.7 Blue Point Capital Partners Blue Point Capital Partners IV, L.P. Acquisitions/Buyouts 700.0 700.0 600 Sixpoint Partners Kirkland & Ellis Bow Street Capital Bow Street Special Opportunities Acquisitions/Buyouts 95.2 95.2 Fund XII, LP Brightstar Capital Partners Brightstar Capital Partners Fund I Acquisitions/Buyouts 485.7 710.0 750 Eaton Partners Brightstar Capital Partners Brightstar Capital Partners Strategic Co-Investment 51.9 Fund I, L.P. Brixey & Meyer BMC Growth Fund II LLC Growth Equity 35.9 35.9 40 Brynwood Partners Brynwood Partners VIII L.P. Acquisitions/Buyouts 649.0 649.0 Locke Lord LLP Calera Capital Partners Calera Capital Fund V LP Acquisitions/Buyouts 330.0 UBS Securities LLC; Mercury Capital Advisors Capital Alignment Partners Capital Alignment Partners III, L.P. Acquisitions/Buyouts 39.8 103.0 150 CapStreet Group CapStreet III, L.P. Acquisitions/Buyouts 216.1 Carlyle Group Carlyle Global Financial Services Acquisitions/Buyouts 773.0 773.0 1,500 Partners III Carlyle Group Carlyle Partners VII Acquisitions/Buyouts 16,978.3 16,978.3 15,000 Carlyle Group Carlyle Global Partners LP Acquisitions/Buyouts 3,000.0 5,000 Carlyle Group Carlyle Asia Partners V, L.P. Growth Equity 2,050.0 6,550.0 5,000 Caspian Private Equity Private Equity U.S. Opportunities Co-Investments 57.8 288.8 III, L.P. Castle Creek Capital Castle Creek Capital Partners VII LP Acquisitions/Buyouts 91.6 91.6

Open Funds Closed Funds www.buyoutsnews.com October 8, 2018 | BUYOUTS | 55 FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Center Rock Capital Center Rock Capital Partners Fund I Acquisitions/Buyouts 580.0 580.0 450 Partners Centerbridge Partners Centerbridge Special Credit Fund III Distressed/Turnaround 35.0 5,000 Centerfield Capital Centerfield Capital Partners IV, L.P. Acquisitions/Buyouts 16.7 60 Cerberus Capital Cerberus Institutional Partners Distressed/Turnaround 3,000.0 3,500 Axius Partners Pty; Management LP (CIP) VI Monument Group CIC Partners CIC IV LP Acquisitions/Buyouts 4.6 195.4 250 CIP Capital CIP Capital Fund II, L.P. Acquisitions/Buyouts 187.5 500 UBS Clearlake Capital Group Amber Co-Investment Partners, LLC Acquisitions/Buyouts 193.3 193.3 Clearlake Capital Group Clearlake Capital Partners Fund V Acquisitions/Buyouts 3,600.0 3,600.0 2,500 Credit Suisse Clearlake Capital Group Clearlake Opportunities Partners Growth Equity 408.9 610 Clearstream Capital Clearstream Capital Partners I Acquisitions/Buyouts 750 Partners Clearwater Capital Partners Clearwater Capital Partners Fund Acquisitions/Buyouts 80.8 V, L.P. Clovis Point Capital LLC Clovis Point II LP Growth Equity 75 Commonfund Capital Commonfund Capital Co-Investment Co-Investment 71.2 71.2 100 Opportunities II, L.P. CommonView Capital CommonView Capital Fund I LP Acquisitions/Buyouts 32.0 52 Cornell Capital Cornell Capital Partners III LP Acquisitions/Buyouts 360.0 1,325.0 2,000 Corporate Fuel Advisors Community Fuel Investment Acquisitions/Buyouts 35.0 Partners Corridor Capital Corridor Capital III, L.P. Acquisitions/Buyouts 22.9 200 Corrum Capital Corrum Capital Aviation Partners Acquisitions/Buyouts 250.0 250.0 250 Gallatin Capital; Winston and Management Langshiff Partners Strawn LLP Corsair Capital LLC Corsair V Financial Services Capital Acquisitions/Buyouts 1,000 Partners, L.P. CounterPoint Capital CounterPoint Capital Fund I Acquisitions/Buyouts 50 Stanwich Advisors Partners CREO Capital Partners CREO Capital Partners IV Acquisitions/Buyouts 124.0 124.0 Cresco Capital Partners Cresco Capital Partners II, LLC Acquisitions/Buyouts 7.3 7.3 50 Cressey & Co Cressey & Co Fund VI Acquisitions/Buyouts 995.0 995.0 950 Crestview Partners Crestview Partners Fund IV Acquisitions/Buyouts 3,500 Cyprium Partners Cyprium Investors V LP Acquisitions/Buyouts 353.0 500 Delos Capital Delos Investment Fund II, LP Acquisitions/Buyouts 23.9 23.9 Denham Capital Denham Oil & Gas Fund LP Acquisitions/Buyouts 657.6 2,500 Digital Colony Digital Colony Partners, LP Acquisitions/Buyouts 2,428.9 2,428.9 Drillcore Energy Partners Drillcore Energy Partners Fund I Acquisitions/Buyouts 250 Dunes Point Capital Dunes Point Capital Fund II Acquisitions/Buyouts 600 Dyal Capital Partners Dyal Capital Partners IV LP Growth Equity 5,000 Edison Partners Edison Partners IX, LP Growth Equity 300 EIG Global Energy Partners EIG Energy Fund XVII Acquisitions/Buyouts 1,810.0 7,000 EIV Capital EIV Capital Fund III, LP Acquisitions/Buyouts 341.7 450 Champlain Advisors Energy Capital Partners Energy Capital Partners Fund IV, LLC Acquisitions/Buyouts 1,552.0 1,552.0 6,000 Energy Capital Partners Energy Capital Investors Fund II, LLC Acquisitions/Buyouts 25.2 Enlightenment Capital Enlightenment Capital Solutions Acquisitions/Buyouts 250.0 250.0 200 Metric Point Capital Fund III Falcon Seaboard Resources Falcon Seaboard Permian Fund I, LP Acquisitions/Buyouts 145 Entoro Securities Andrews Kurth Kenyon LLP Fenway Partners Fenway Capital Partners LLC Acquisitions/Buyouts 100 Five Point Energy Five Point Energy Fund II Acquisitions/Buyouts 750.0 750.0 650 Eaton Partners Hogan Lovells Foresite Capital Foresite Capital Fund IV Acquisitions/Buyouts 668.0 668.0 Open Funds Closed Funds 56 | BUYOUTS | October 8, 2018 www.buyoutsnews.com FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Francisco Partners Francisco Partners V Acquisitions/Buyouts 3,550 Frazier Healthcare Partners Frazier Healthcare Growth Buyout Acquisitions/Buyouts 780.0 780.0 700 Fund IX LP Frontenac Company Frontenac XI Private Capital Limited Acquisitions/Buyouts Partnership Further Global Capital Further Global Capital Partners, L.P. Acquisitions/Buyouts 1,250 Management Galen Partners Galen Partners VI, L.P. Growth Equity 200 Gallant Capital Partners Gallant Capital I Acquisitions/Buyouts 300 Park Hill Group General Atlantic General Atlantic Partners (Bermuda) Growth Equity 3,702.7 III LP General Atlantic General Atlantic Partners 93 LP Growth Equity 2,189.5 Generation Growth Capital Generation Growth Capital Fund III, Acquisitions/Buyouts 48.2 50 Limited Partnership Genesis Park Genesis Park II LP Acquisitions/Buyouts 148.6 250 GenNx360 Capital Partners GenNx360 Capital Partners III LP Acquisitions/Buyouts 150.0 150.0 800 GI Partners GI Partners V Acquisitions/Buyouts 250.0 2,300 Glade Brook Capital GLADE BROOK PRIVATE INVESTORS Acquisitions/Buyouts 39.7 Partners X LLC GoldenTree Asset GoldenTree Distressed Fund III LP Distressed/Turnaround 599.5 599.5 Management GoldenTree Asset GoldenTree NJ Distressed Fund Distressed/Turnaround 203.7 Management 2015 LP GoldPoint Partners GoldPoint Partners Co-Investment Co-Investment 850.0 850.0 VI, LP Grand Parkway Capital Grand Parkway Capital Fund I L.P. Acquisitions/Buyouts 25.4 Graycliff Partners Graycliff Private Equity Partners Acquisitions/Buyouts 40.7 III LP Great Point Partners Great Point Partners III LP Acquisitions/Buyouts, Growth 116.2 116.2 250 Equity Greenbriar Equity Group Greenbriar Equity Fund IV, L.P. Acquisitions/Buyouts 1,000 Grey Rock Energy Partners Grey Rock Energy Fund III Distressed/Turnaround 232.5 232.5 Thompson & Knight LLP Gryphon Partners GRYPHON PARTNERS V, L.P. Acquisitions/Buyouts 1,500 GSO Capital Partners GSO Energy Select Opportunities Distressed/Turnaround 5,000 Fund II GSO Capital Partners GSO Capital Solutions Fund III LP Distressed/Turnaround 7,115.1 7,115.1 H.I.G. Capital H.I.G. Advantage Buyout Fund, L.P. Acquisitions/Buyouts 2,388.6 2,388.6 2,750 Hadley Harbor Partners Hadley Harbor Partners II, L.P. Acquisitions/Buyouts 816.5 Hancock Capital Hancock Capital Partners VI, L.P. Acquisitions/Buyouts 139.2 139.2 HarbourVest Partners HarbourVest Partners Co-Investment Co-Investment 2,500 Fund V L.P. Hargett Hunter Capital Hargett Hunter Capital Partners Acquisitions/Buyouts 100 Partners Fund I Hastings Equity Partners Hastings Equity Fund IV Acquisitions/Buyouts 130.0 130.0 250 Havencrest Healthcare Havencrest Healthcare Partners, L.P. Growth Equity 200 Partners HCAP Partners HCAP Partners IV, L.P. Acquisitions/Buyouts 51.2 51.2 Health Enterprise Partners Health Enterprise Partners III, L.P. Acquisitions/Buyouts 156.1 156.1 HealthEdge Investment HealthEdge Investment Fund III, L.P. Acquisitions/Buyouts 100.0 175 Partners LLC Heartland Equity Partners Heartland Equity Partners I, LLC Acquisitions/Buyouts 9.9 Hellman & Friedman Hellman & Friedman Capital Acquisitions/Buyouts 16,000 Partners IX Open Funds Closed Funds www.buyoutsnews.com October 8, 2018 | BUYOUTS | 57 FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Hidden Harbor Capital Hidden Harbor Capital Partners Acquisitions/Buyouts 250 Probitas Partners Partners Fund I Hill Path Capital Hill Path Capital Partners LP Acquisitions/Buyouts 303.8 Huron Capital Huron Flex Fund Acquisitions/Buyouts 142.0 142.0 100 Sixpoint Partners ICV Partners ICV Fund IV Acquisitions/Buyouts 585.0 585.0 500 Insight Venture Partners Insight Venture Partners X, L.P. Acquisitions/Buyouts 1,700.0 6,300.0 5,000 Inspired Healthcare Capital Inspired Healthcare Capital Fund LP Growth Equity 30 Integrated Ag Integrated Ag Partners LP Acquisitions/Buyouts 37.0 37.0 Intrepid Capital Partners Intrepid Private Equity Fund I, L.P. Acquisitions/Buyouts 70.1 J.W. Childs Equity Partners J.W. Childs Equity Partners V, L.P. Acquisitions/Buyouts 500 JC Flowers & Co. J.C. Flowers IV L.P. Acquisitions/Buyouts 669.4 JMI Equity JMI Equity Fund IX Acquisitions/Buyouts 1,100 JMK Consumer Growth JMK Consumer Growth Partners I LP Growth Equity 17.0 75 Partners Jordan Co Resolute Fund IV Acquisitions/Buyouts 3,200.0 3,200.0 3,200 JTS Capital Group JTS Capital Fund II, L.P. Acquisitions/Buyouts 64.1 Juggernaut Capital Partners Juggernaut Capital Partners IV, L.P. Acquisitions/Buyouts 450 Juna Equity Juna Fund I Acquisitions/Buyouts 100 Juniper Capital Advisors Juniper Capital III Acquisitions/Buyouts 677.5 677.5 650 Latham & Watkins LLP K1 Investment Management K1 Investment Fund IV Acquisitions/Buyouts 100.0 100.0 1,500 Kayne Anderson Capital Kayne Anderson Energy Fund VIII Growth Equity 50.0 50.0 2,000 Advisors Kelso & Co Kelso Investment Associates X Acquisitions/Buyouts 2,500 Kian Capital KMP II LP Acquisitions/Buyouts 250.0 250.0 250 L Capital L Capital 2 LP Co-Investments 50 L Catterton L Catterton Latin America II, L.P. Acquisitions/Buyouts 303.2 500 L Catterton L Catterton Europe IV, SLP Acquisitions/Buyouts 500 L Squared Capital Partners L SQUARED CAPITAL PARTNERS Acquisitions/Buyouts 332.5 II LLC Lake Pacific Partners LAKE PACIFIC FUND II, L.P. Acquisitions/Buyouts 200 Landmark Partners Landmark Equity Partners XVI Acquisitions/Buyouts 4,700 Larson Capital LARSON CAPITAL FUND V, LLC Acquisitions/Buyouts 6.0 13.3 Management Lead Edge Capital Lead Edge Partners Opportunity Growth Equity 76.8 XI, LP Leavitt Equity Partners Leavitt Equity Partners II LP Co-Investment 125 Lee Equity Partners Lee Equity Partners Fund II, L.P Acquisitions/Buyouts 315.1 Leeds Equity Partners Leeds Equity Partners VI LP Acquisitions/Buyouts 350.0 750.0 750 FocusPoint Private Debevoise Capital Group; Milestones Capital; Hycroft Levine Leichtman Capital Levine Leichtman Capital Partners Acquisitions/Buyouts 1,835.3 2,035.3 2,200 Partners VI, L.P. Lexington Partners Lexington Co-Investment Partners Co-Investment 2,110.5 IV, L.P. Liberty Hall Capital Partners Liberty Hall Capital Partners Fund Acquisitions/Buyouts 151.5 226.5 350 I, L.P. LightBay Capital LightBay Investment Partners LP Acquisitions/Buyouts 615.0 615.0 450 UBS Private Funds Kirkland & Ellis Group LLP Lime Rock Partners Lime Rock Partners VIII, L.P. Acquisitions/Buyouts 337.8 1,000 Lincoln Peak Capital Lincoln Peak Capital LLC Growth Equity 204.1 204.1 Management Open Funds Closed Funds 58 | BUYOUTS | October 8, 2018 www.buyoutsnews.com FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Linden Capital Partners Linden Capital Partners IV Acquisitions/Buyouts 1,500.0 1,500.0 1,250 Park Hill Group LLC Kirkland & Ellis LLP Linsalata Capital Partners LinCap Partners Fund VII, LP Acquisitions/Buyouts LLR Partners LLR Equity Partners V, L.P. Acquisitions/Buyouts 1,200.0 1,200.0 Asante Capital Group Latham & Watkins Lorient Capital Lorient Healthcare Fund, LP Acquisitions/Buyouts 122.0 122.0 122 Lovell Minnick Partners Lovell Minnick Equity Partners V Acquisitions/Buyouts 1,000 Lumerity Capital Partners LUMERITY CAPITAL PARTNERS Acquisitions/Buyouts 50 II, L.P. Luminate Capital Partners Luminate Capital Partners II LP Acquisitions/Buyouts 425 Moelis Maroon Peak Capital Maroon Peaks Private Equity Fund Acquisitions/Buyouts 50.0 VII LP MBF Healthcare Partners MBF Healthcare Fund II Growth Equity 500 Medina Capital Medina Capital Fund II Acquisitions/Buyouts 306.0 Merida Capital Partners Merida Capital Partners II LP Acquisitions/Buyouts 7.4 7.4 75 Metropolitan Partners Metropolitan Partners Fund IV LLC Acquisitions/Buyouts 11.2 25 Group Middle Ground Capital Middle Ground Capital Fund I Acquisitions/Buyouts 350 Mill Creek Mill Creek Private Equity Fund IV, LP Acquisitions/Buyouts 53.0 65 Mill Point Capital Partners Mill Point Capital Partners, L.P. Acquisitions/Buyouts 450.0 450.0 375 Monogram Capital Partners Monogram Capital Partners I LP Acquisitions/Buyouts 152.0 152.0 Acalyx Advisors Inc Latham & Watkins LLP MoonSail Capital MoonSail Partners LP Acquisitions/Buyouts 27.5 75 Morgan Creek Capital LLC Morgan Creek Partners Co- Co-Investment 28.0 75 Investment Fund III, LP Morgan Stanley Alternative Morgan Stanley Private Equity Co- Co-Investment 425.0 425.0 350 Investment Partners Private Investment Fund I Markets Mountain Capital Partners Mountain Capital Partners, LP Acquisitions/Buyouts 645.8 645.8 MSouth Equity Partners MSouth Equity Partners IV, L.P. Acquisitions/Buyouts 764.8 764.8 Napier Park Global Capital Napier Park Financial Partners Growth Equity 250 Fund II Natural Gas Partners NGP NATURAL RESOURCES XII, L.P. Acquisitions/Buyouts 3,222.3 3,222.3 5,325 New MainStream Capital NMS Fund III, LP Acquisitions/Buyouts 275.0 275.0 350 New State Capital Partners New State Capital Partners Fund II Acquisitions/Buyouts 255.0 255.0 255 NexPhase Capital NexPhase Capital Fund III, LP Acquisitions/Buyouts 310.4 500 NEXT Investors NEXT Investors II, L.P. Growth Equity 109.9 300 NextGen Growth Partners NextGen Growth Partners Fund I, LP Acquisitions/Buyouts 11.6 50.0 50 NextGen Growth Partners NexGen Growth Partners Fund I LP Growth Equity 53.4 53.4 53 Nonantum Capital Partners Nonantum Capital Partners Fund I Acquisitions/Buyouts 385.0 385.0 350 Proskauer Rose LLP North Haven Capital North Haven Energy Capital Fund LP Acquisitions/Buyouts 806.2 Partners North Haven Capital North Haven Expansion Equity LP Growth Equity 154.3 Partners NovaQuest Capital NovaQuest Pharma Opportunities Acquisitions/Buyouts 1,500 Atlantic-Pacific Capital Management LLC Fund V LP NovaQuest Capital NovaQuest Private Equity Fund I, L.P. Acquisitions/Buyouts 59.9 400 Management LLC Oak Harbor Capital Oak Harbor Capital XIV, LLC Acquisitions/Buyouts 25.5 75 Oaktree Capital Group Oaktree Special Situations Fund II Distressed/Turnaround 1,750 Oaktree Capital Oaktree European Principal Fund Distressed/Turnaround 995.5 Management LP IV, L.P. O'Brien-Staley Partners OSP Value Fund II LP Distressed/Turnaround 58.1 600.0 600 Open Funds Closed Funds www.buyoutsnews.com October 8, 2018 | BUYOUTS | 59 FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Ocean Avenue Capital OCEAN AVENUE FUND III, L.P. Acquisitions/Buyouts 194.5 250 Partners Olympus Capital Asia Olympus Capital Asia V, L.P. Acquisitions/Buyouts 182.7 300 One Equity Partners One Equity Partners Fund VII Acquisitions/Buyouts 1,750 OpenGate Capital OpenGate Capital Partners II LP Acquisitions/Buyouts 500 Orion Resource Partners Orion Mine Finance Fund II LP Acquisitions/Buyouts 983.0 ORIX Capital Partners ORIX Capital Fund I, L.P. Acquisitions/Buyouts 160.3 160.3 Orkila Capital Orkila Growth Fund II, LP Growth Equity 118.0 130 Paine Schwartz Partners Paine Schwartz Partners Capital Acquisitions/Buyouts 50.0 50.0 1,200 Fund V, L.P. Palisades Growth Capital PALISADES GROWTH CAPITAL II, L.P. Growth Equity 41.7 125 Palladium Equity Partners Palladium Equity Partners V Acquisitions/Buyouts 819.9 819.9 1,500 Palm Beach Capital Palm Beach Capital Fund IV, L.P. Acquisitions/Buyouts 49.4 150 Pandion Mine Finance Pandion Mine Finance Fund Acquisitions/Buyouts 175.0 175.0 Panorama Point Partners Panorama Growth Partners II LP Growth Equity 150 Pathway Capital Pathway Private Equity Fund CV-B Co-Investment 602.0 602.0 Management Patriot Financial Partners Patriot Financial Partners III LP Acquisitions/Buyouts 245.8 374.1 300 Paulson & Co Paulson Strategic Partners Fund Distressed/Turnaround 77.0 2,000 Perry Creek Capital Perry Creek Capital Fund II LP Acquisitions/Buyouts 604.9 604.9 Petershill Group Petershill Private Equity LP Acquisitions/Buyouts 2,500.0 2,500.0 2,000 Peterson Partners PETERSON PARTNERS VIII, LP Growth Equity 161.5 PIMCO PIMCO Corporate Opportunites Distressed/Turnaround 1,300.4 Fund II Pine Street Capital Partners Pine Street Capital Partners III, LP Growth Equity 33.4 50 PineBridge Investments PineBridge Sub-Saharan Africa Acquisitions/Buyouts 56.8 Fund, L.P. Piper Private Equity Piper Private Equity Fund VI L.P. Acquisitions/Buyouts 8.7 68 Platform Partners Platform Partners Capital Acquisitions/Buyouts 129.0 129.0 100 Platinum Equity Platinum Equity Small Cap Fund Acquisitions/Buyouts 1,500.0 1,500.0 1,000 Polaris Partners Polaris Growth Fund I Growth Equity 175.0 175.0 175 Portfolio Advisors Portfolio Advisors Asia Fund V, L.P. Acquisitions/Buyouts 49.9 201.0 PPM America Capital PPM American Private Equity Fund Co-Investment 648.0 648.0 Partners VII LP Prelude Growth Partners Prelude Growth Partners I, L.P. Growth Equity 80.0 80.0 Primus Capital Primus Capital Fund VIII, LP Acquisitions/Buyouts 500 Private Advisors Private Advisors Coinvestment Fund Co-Investment 33.7 125 IV, LP Private Advisors Private Advisors Small Co Co-Investment 30.0 100 Coinvestment Fund LP Privateer Holdings Privateer Holdings II Growth Equity 100.0 100.0 Provariant Equity Partners Provariant Equity Partners I Acquisitions/Buyouts 200 First Avenue Providence Equity Partners Providence Strategic Growth III Growth Equity 220.0 220.0 1,250 Providence Equity Partners Providence Equity Partners VIII Acquisitions/Buyouts 1,587.0 1,687.0 5,000 Public Pension Capital Public Pension Capital, LLC Acquisitions/Buyouts 640.0 Quad Partners Quad Partners V LP Acquisitions/Buyouts 229.0 200 Quantum Energy Partners Quantum Energy VII Acquisitions/Buyouts 4,000.0 4,500 Park Hill Group Raine Group Raine Partners III Acquisitions/Buyouts 653.1 653.1 1,000 RCPDirect RCPDirect III, LP Co-Investment 240.993563 240.993563 350 Redmile Group Redmile Private Investments II, L.P. Growth Equity 131.2 150 Resource Capital Funds RCF Opportunities Fund LP Acquisitions/Buyouts 83.7 83.7 300 Open Funds Closed Funds 60 | BUYOUTS | October 8, 2018 www.buyoutsnews.com FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Revelstoke Capital Partners Revelstoke Capital Partners Fund Acquisitions/Buyouts 302.4 302.4 II, L.P. RFE Investment Partners RFE Investment Partners IX Acquisitions/Buyouts 350 Ridgemont Equity Partners Ridgemont Equity Partners III Acquisitions/Buyouts 1,250.0 1,250.0 1,500 Credit Suisse River Partners Capital River Partners Private Investment Acquisitions/Buyouts 132.3 Management Fund, L.L.C. RiverGlade Capital RiverGlade Capital Fund I Acquisitions/Buyouts 300 Riverside Co. Riverside Micro-Cap Fund V, L.P. Acquisitions/Buyouts 1,140.0 1,140.0 Riverside Co. Riverside Europe Fund V, L.P. Acquisitions/Buyouts 312.0 450 Evercore Roark Capital Group Roark Capital Partners V LP Acquisitions/Buyouts 5,000 Rock Hill Capital Rock Hill Capital III, LP Acquisitions/Buyouts 150.6 175 Aqueduct Capital Proskauer Rose Group LLP Rockland Capital Rockland Power Partners III, LP Acquisitions/Buyouts 159.3 454.0 450 Rockwood Equity Partners Rockwood Equity Partners III, LP Acquisitions/Buyouts 85.0 100 Sage Road Capital Sage Road Energy II, LP Acquisitions/Buyouts 74.5 Sageview Capital Sageview Capital Partners II Growth Equity 264.9 461.1 600 Sandbridge Capital Sandbridge Consumer Fund II, LP Acquisitions/Buyouts 58.2 58.2 150 Sands Capital Ventures Sands Capital Private Growth Fund Growth Equity 121.6 121.6 III, L.P. Satori Capital Satori Capital III, LP Acquisitions/Buyouts 52.7 52.7 SCS Capital Management SCS Private Equity V, LLC Acquisitions/Buyouts 522.3 574.4 Search Fund Partners Search Fund Partners 7, LP Acquisitions/Buyouts 10.0 40 Searchlight Capital Searchlight Opportunities Fund, L.P. Acquisitions/Buyouts 325.0 750 Sentinel Capital Partners Sentinel Capital Investors VI, L.P. Acquisitions/Buyouts 2,150.0 2,150.0 2,000 Sequel Holdings Sequel Capital Fund III, L.P. Acquisitions/Buyouts 13.1 Serve Capital Partners Serve Capital Partners I, LP Acquisitions/Buyouts 52.2 Silver Point Capital Silver Point Distressed Opportunities Distressed/Turnaround 854.3 Fund, LP. Silversmith Capital Partners Silversmith Capital Partners II Growth Equity 670.0 670.0 650 Monument Group Proskauer Rose Siris Capital Group Siris Partners IV, L.P. Acquisitions/Buyouts 200.0 1,300.0 3,000 Park Hill Group SK Capital SK Capital Partners V Acquisitions/Buyouts 110.0 110.0 1,400 Snow Phipps Snow Phipps III, L.P. Acquisitions/Buyouts 200.0 Social Capital SOCIAL CAPITAL GROWTH Growth Equity 1,000 PARTNERS, L.P. Sonen Capital Global Sustainable Real Assets Fund Acquisitions/Buyouts 75.0 Sonoma Brands Sonoma Brands Fund II Growth Equity 60.0 60.0 Soundcore Capital Partners Soundcore Capital Partners II Acquisitions/Buyouts 350.0 350.0 300 Spindletop Capital Spindletop Healthcare Growth Growth Equity 200 Harken Capital Capital II LP Securities Spring Lane Capital Spring Lane Capital Fund I, LP Acquisitions/Buyouts 400 Spring Mountain Capital SMC Private Equity Holdings, LP Acquisitions/Buyouts 16.3 Spring Mountain Capital SMC Growth Capital Partners II, LP Growth Equity 111.0 150 Spruce Capital Spruce Private Investments Fund, LP Acquisitions/Buyouts 98.4 Management Stabilis Capital Stabilis Fund V, LP Distressed/Turnaround 529.8 Management Staley Capital Staley Capital Fund II, L.P. Growth Equity 125 Stellex Capital Stelex Capital Partners LP Acquisitions/Buyouts 857.3 857.3 857.3 Management Stone-Goff Partners Stone-Goff Partners II, LP Acquisitions/Buyouts 40.2 100 Strategic Value Partners Strategic Value Special Situations Distressed/Turnaround 2,173.1 2,850.0 2,100 Fund IV, L.P. Open Funds Closed Funds www.buyoutsnews.com October 8, 2018 | BUYOUTS | 61 FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Strattam Capital Partners Strattam Capital Investment Fund Acquisitions/Buyouts 95.0 200.0 225 II, L.P. Sumeru Equity Partners Sumeru Equity Partners Fund LP Acquisitions/Buyouts 363.0 600 Summit Park Summit Park III, LP Acquisitions/Buyouts 245 245 200 Morgan, Lewis & Bockius LLP Summit Partners Summit Partners Growth Equity Growth Equity 2,349.5 3,180 Fund IX LP Summit Private Capital Summit Private Capital, LLC - Series Acquisitions/Buyouts 28.8 100 Group 2016 Sun Capital Sun Capital Partners VII LP Distressed/Turnaround 2,200 SunTx Capital Partners SunTx Capital Partners III, LP Acquisitions/Buyouts 94.7 SVPGlobal Strategic Value Special Situations IV Distressed/Turnaround 1,000.0 1,750 Sycamore Partners Sycamore Partners III Acquisitions/Buyouts 4,000 TA Associates TA Investors XII, L.P. Growth Equity 248.5 Tailwater Capital Tailwater Energy Fund III LP Growth Equity 900.0 900.0 900 Teall Capital Teall Growth Fund I, LP Growth Equity 52.1 52.1 80 Technology Crossover TCV Fund X Growth Equity 3,000 Ventures The Beekman Group Beekman Investment Partners IV LP Acquisitions/Buyouts 425.0 425.0 425 The Jordan Company Coyote 2018, L.P. Acquisitions/Buyouts 110.0 110.0 110.0 Thoma Bravo Thoma Bravo Discover Fund II Acquisitions/Buyouts 2,400.0 2,400.0 2,300 Thomas H. Lee Partners Thomas H. Lee Equity Fund VIII Acquisitions/Buyouts 100.0 100.0 3,000 Thompson Street Capital Thompson Street Capital Partners V Acquisitions/Buyouts 1,150.0 1,150.0 850 Partners Tillridge Global Tillridge Global Agribusiness Acquisitions/Buyouts 375.2 750 Agribusiness Partners Partners II, L.P. Timber Bay Partners Timber Bay Fund I, LP Acquisitions/Buyouts 95.0 200 Tinicum Incorporated Tinicum L.P. Acquisitions/Buyouts 1,025.0 TowerBrook Capital TowerBrook Investors V Acquisitions/Buyouts 4,250.0 4,250.0 Partners TowerBrook Capital TowerBrook Structured Non-control equity 1,050.0 1,050.0 Partners Opportunities II TPG Capital TPG Healthcare Sidecar Acquisitions/Buyouts 100.0 100.0 2,500 TPG Capital TPG Tech Adjacencies LP Acquisitions/Buyouts 1,500 TPG Capital TPG Capital VIII Acquisitions/Buyouts 400.0 400.0 12,000 TPG Capital TPG Asia VI Acquisitions/Buyouts 4,500 Traub Capital Traub Capital Fund I Acquisitions/Buyouts 250 Trilantic Capital Partners Trilantic Capital Partners II North Acquisitions/Buyouts 388.0 300.0 500 America Trilantic Capital Partners Trilantic Capital Partners VI Acquisitions/Buyouts 1,500.0 1,500.0 2,250 Evercore; Magenta Capital Services Trinity Hunt Partners Trinity Hunt Partners V, L.P. Acquisitions/Buyouts 245.1 300 Tuckerman Capital Tuckerman Capital V, L.P. Acquisitions/Buyouts 25.0 60 Turn/River Capital Turn/River Capital Fund III Acquisitions/Buyouts 168.0 168.0 TVV Capital Partners TVV Capital Partners IV, L.P. Acquisitions/Buyouts 30.2 50 Tyree & D'Angelo Tyree & D'Angelo Partners Fund Acquisitions/Buyouts 150.0 150.0 150 II, LP Union Park Capital Union Park Capital II, L.P. Acquisitions/Buyouts 150 Valesco Industries Valesco Fund II, LP Acquisitions/Buyouts 108.6 167.6 250 Valor Equity Partners Valor Equity Partners IV Growth Equity 150.0 750 Vesey Street Capital Vesey Street Capital Partners Acquisitions/Buyouts 136.1 136.1 250 Partners Healthcare Fund, L.P.

Open Funds Closed Funds 62 | BUYOUTS | October 8, 2018 www.buyoutsnews.com FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Vesey Street Capital Vesey Street Capital Fund II Acquisitions/Buyouts 200 Partners Vestar Capital Partners Vestar Capital Partners VII Acquisitions/Buyouts 150.0 1,000 Virgo Capital VIRGO CAPITAL FUND III, L.P. Acquisitions/Buyouts 30.5 30.5 50 Virgo Investment Group Virgo-Crimson Hawks, LLC Acquisitions/Buyouts 130.3 130.3 Vision Ridge Partners Sustainable Asset Fund II Acquisitions/Buyouts 600 Vopne Capital Vopne Fund II Acquisitions/Buyouts 81.0 81.0 70 Vortus Investments Vortus Investments II Acquisitions/Buyouts 286.5 VWH Capital Management VWH Partners, LP Acquisitions/Buyouts 750 Warburg Pincus Warburg Pincus Global Growth Acquisitions/Buyouts 13,500 Water Street Healthcare Water Street Healthcare Partners Acquisitions/Buyouts 800 Partners IV, L.P. Webster Capital Webster Capital IV LP Acquisitions/Buyouts 875.0 875.0 650 Wellspring Capital Wellspring Capital Fund VI Acquisitions/Buyouts 200.0 1,200 Management Welsh, Carson, Anderson Welsh, Carson, Anderson & Stowe Acquisitions/Buyouts 2,800.0 2,800.0 3,750 & Stowe Fund XIII Westhook Capital Partners Westhook Capital Partners, L.P. Acquisitions/Buyouts 95.0 White Rapids Capital White Rapids Capital Fund I Acquisitions/Buyouts 250 Whitman/Peterson Whitman/Peterson Partners III, LP Acquisitions/Buyouts 402.0 402.0 Windjammer Capital WINDJAMMER SENIOR EQUITY Acquisitions/Buyouts 800 Investors FUND V, L.P. WM Partners WM Fund II Acquisitions/Buyouts 400 WNG Capital WNG Capital Fund II Acquisitions/Buyouts 30.0 30.0 Yellow Wood Partners Yellow Wood Co-Investment JAX-A, Co-Investment 126.0 126.0 146 L.P. Z Capital Partners Z CAPITAL PARTNERS III, L.P. Distressed/Turnaround 35.1 321.6 1,000 Zenyth Partners Zenyth Partners, LP Acquisitions/Buyouts 55.0 55.0 100 Buyouts Total 133,378.7 201,193.3 347,893.2

Mezzanine Fund List Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Arrowhead Investment Arrowhead Capital Fund III, LP Mezzanine 266.2 Management Assurance Mezzanine Assurance Mezzanine Fund III Mezzanine 74.7 Balance Point Capital Balance Point Capital Partners Mezzanine 375.7 375.7 400 III, LP BlueArc Mezzanine BlueArc Mezzanine Partners I, L.P. Mezzanine 22.2 100 Partners CapitalSpring LLC CapitalSpring Investment Partners Mezzanine 291.9 V, LP Centerfield Capital Centerfield Capital Partners IV, L.P. Mezzanine 167.1 310.0 225 Partners Falcon Investment Falcon Strategic Partners V, LP Mezzanine 842.6 1,250 Atlantic-Pacific Advisors Capital GCM Grosvenor GCM Grosvenor California Impact Mezzanine 22.3 SBIC Fund, L.P. GoldPoint Partners GoldPoint Mezzanine Partners Mezzanine 4.5 25.3 Co-Investment Fund A, LP Golub Capital Golub Capital International 10, L.P. Mezzanine 1,012.5

Open Funds Closed Funds www.buyoutsnews.com October 8, 2018 | BUYOUTS | 63 FUNDS RAISED IN Q3 2018

Sponsor Name of Fund Fund Type Amount Amount Target ($M) Placement Agent Legal Counsel Raised Raised- in 2018 to-Date ($M) ($M) Golub Capital Golub Capital International Ltd. Mezzanine 642.8 Golub Capital Golub Capital Partners 10, L.P. Mezzanine 743.3 Golub Capital Golub Capital Partners 11, L.P. Mezzanine 858.6 1,326.1 1,000 Harvest Partners Harvest Partners Structured Mezzanine 331.7 400 Capital Fund, L.P. Locust Point Capital Locust Point Private Credit Fund Mezzanine 96.0 96.0 250 LP Maranon Capital Maranon Mezzanine III LP Mezzanine 25.3 25.3 75 Merit Capital Partners MERIT MEZZANINE FUND VI, L.P. Mezzanine 238.0 536.0 500 M2O Private Fund Kirkland & Ellis Advisors; VCP LLP Advisors Midwest Mezzanine Fund Midwest Mezzanine Fund VI Mezzanine 51 51 SBIC, LP Newstone Capital Newstone Capital Partners III, L.P. Mezzanine 800 Kirkland & Ellis Partners Northwestern Mutual NORTHWESTERN MUTUAL Mezzanine 48 Capital CAPITAL MEZZANINE FUND IV, LP ORIX Mezzanine & Private ORIX Capital Fund I, L.P. Mezzanine 16.9 160.4 Equity Quadrant Capital Quadrant Mezzanine Partners LLC Mezzanine 10.0 Resolute Capital Partners Resolute Capital Partners Fund Mezzanine 93.9 150 IV, L.P. Sentinel Capital Partners Sentinel Junior Capital I, L.P. Mezzanine 460.0 460.0 WestRiver Capital WESTRIVER MEZZANINE LOANS - Mezzanine 30.0 135.2 Management LOAN POOL V, LLC Mezzanine Total 2,323.1 7,855.0 5,198.0

Grand Total, Buyouts and 135,701.82 209,048.23 353,091.15 Mezzanine:

Open Funds Closed Funds