Private equity real estate investment firm South Street Partners has closed its inaugural discretionary fund on $225m, smashing the initial target of $100m. The post South Street Partners expects up to $2.25bn of unlevered buying
First Eagle Alternative Credit has closed its fifth direct lending fund on over $1bn in total available capital, including leverage. The post First Eagle Alternative Credit rakes in $2.2bn in past 12 months thanks to
Concept Ventures, formerly known as RLC Ventures, has launched the largest pre-seed fund in the UK. The post Concept Ventures launches largest pre-seed fund in the UK first appeared on AltAssets Private Equity News.
European growth investor Synova has held the first and final close of its fifth flagship fund on its hard cap of £875m, beating its initial £750m target in just three months. The post Synova beats
BlackRock has held a £1.7bn final close for its Diversified Private Debt Fund designed specifically for UK pension schemes' investment and diversification across a variety of global private debt markets. The post BlackRock closes £1.7bn
South Korean private equity house Hahn & Company has closed Asia's largest GP-led secondary transaction to date with the formation of a $1.5bn continuation vehicle for cement producer Ssangyong C&E. The post Hahn & Co
Lower mid-market focused private equity firm Argosy Capital has closed its sixth flagship fund on $422m. The post Argosy Capital beats target to close sixth flagship fund on $422m first appeared on AltAssets Private Equity
The Pennsylvania State Employees' Retirement System has committed $125m towards two funds managed by Sentinel Capital Partners. The post Sentinel Capital Partners gets PennSERS commitments across two funds first appeared on AltAssets Private Equity News.
The Connecticut Retirement Plans and Trust Funds has picked Sixth Street, Fortress Investment Group and Reverence Capital Partners for its latest $650m commitments. The post Connecticut Retirement Plans picks Sixth Street, Fortress, Reverence for latest
Japanese venture capital firm Anri has held a $102m first close for its fifth flagship fund, almost halfway to its $288m target. The post Japan’s Anri venture holds $102m Fund V first close first appeared
Buyout major KKR has launched its first Asia-focused technology growth fund, targeting $1bn to $1.5bn, AVCJ reported quoting two sources familiar with the matter. The post KKR eyes up to $1.5bn for first Asia-focused technology
Chinese venture capital firm BAI Capital has closed its inaugural Fund I with $700m in capital commitments. The post Bertelsmann spin out BAI Capital closes China fund on $700m first appeared on AltAssets Private Equity
$5.3bn-managing Houston Firefighters' Relief & Retirement Fund has picked three private equity managers for its latest round of commitments, P&I reported. The post Houston Firefighters picks EQT, Apax, AE Industrial for latest commitments first appeared on
Proptech specialist Fifth Wall has closed its first Climate Fund on $500m aiming to decarbonize the global real estate industry, making it the biggest-ever in its kind. The post Fifth Wall closes first Climate Fund
Asia Pacific private equity, venture capital, and M&A activity jumped almost 10% in the first half of 2022 compared to the same period last year - although deal activity in the region remains choppy. The
Border to Coast Pensions Partnership has chosen StepStone, General Catalyst and PAI Partners for its latest private equity investments, allocating $100m each to their funds. The post Border to Coast commits $100m each to StepStone,
Private equity major Permira has reportedly raised more than €16bn for its new flagship buyout fund, beating its target at first close. The post Permira said to hit €16bn for massive new fundraise, still collecting
Fortress Investment Group is said to have collected half of the $2.5bn target for a third direct lending fund which is expecting to wrap up later in the year. The post Fortress Investment secures half
Fundraising patterns seem to be shifting, however, with GPs coming back in the market more frequently than in the past. Vincent Goupil, deputy head for placement agent activity at Jasmin Capital, tells us why this
Lightspeed Venture Partners has raised a mammoth $7bn of capital across a trio of funds for early and growth stage investments. The post Lightspeed closes fund trio with $7bn of committed capital first appeared on
