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AXA IM said to strike first close for €1bn-targeting secondaries infra fund

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Insurance giant AXA's investment arm has reportedly raised €430m for the first close of its first fund targeting secondaries infrastructure dealmaking.

Deal Roundup: Clearlake sweetens Blackbaud offer, Bowmark sells Focus to Hg

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Clearlake Capital has upped its offer for social good-focused software business Blackbaud, valuing the company at more than $4.1bn. Clearlake previously offered $71 per...

Highland Rim eyes $200m inaugural fund

Tennessee-based Highland Rim Capital is looking to raise at least $200m for its first fund since it set up shop two years ago.

StepStone leads $175m continuation fund for reinsurance-focused Hudson Structured Capital vehicle

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StepStone Group has led commitments for a $175m continuation vehicle raised by Hudson Structured Capital Management, a specialist investor focused on alternative investments seeking "mezzanine-level returns".

Andreessen Horowitz said to near $7bn of new fund capital

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Venture capital heavyweight Andreessen Horowitz is reportedly ready to close a string of new funds with up to $7bn of capital.

Lakestar picks up $600m for pair of funds to advance Europe’s digital startups

Switzerland-headquartered Lakestar has hit a $600m double close for two new funds - Lakestar Early IV and Lakestar Growth II.

Illinois Pension approves $200m to PE, real estate

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The Illinois Municipal Retirement Fund (IMRF) has promised $150m to real assets and $50m to private equity in a string of commitments.

CVC eyes up to €15bn valuation through European IPO ‘within weeks’

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CVC Capital Partners will launch what is likely to be one of the largest European IPOs of the year in the next few weeks, confirming its long-awaited plan to list on the Amsterdam exchange.

Private equity wins big in $460m Michigan alts commitments

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The more than $100bn-managing Michigan Retirement System has promised $460m to alternative investments funds in its latest tranche of commitments.

Deal Roundup: Brookfield said to eye $1.5bn Castlelake investment, General Atlantic backs HighLevel

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Brookfield Asset Management is reportedly in advanced talks to buy a majority stake in private credit manager Castlelake, with the firm prepared to invest...
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