Blackstone and Silver Lake Alumni Raise $2.2 Billion for Debut Fund

  • BayPine will help companies overhaul their digital strategies
  • Firm led by managing partners David Roux and Anjan Mukherjee
Anjan Mukherjee and David RouxSource: BayPine
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BayPine, a private equity firm founded by veterans of Silver Lake and Blackstone Inc., raised $2.2 billion from institutional investors for its first fund.

The firm has about $3 billion of capital, including co-investments, that it will use to acquire stakes in established middle-market firms and help them overhaul their digital strategies, Boston-based BayPine said Thursday in an emailed statement.