L Catterton has agreed to sell science-backed wellness company Thorne to Procter & Gamble in a $3.8bn cash transaction, less than three years after investing in the business.
Blue Owl Capital has closed its inaugural European net lease strategy on more than €1.6bn, exceeding both its €1bn fundraising target and a subsequently increased €1.5bn hard cap.
The California State Teachers’ Retirement System delivered a 13.9% net return for the fiscal year ending June 30, almost double its 7% policy benchmark.
Adams Street Partners has raised more than $5bn for its latest secondaries investment programme, as the private markets investor looks to capitalize on a secondary market that surpassed $200bn of annual transaction volume for the first time last year.
Highland Europe has raised its largest fund to date, securing €1.1bn for its sixth vehicle as the growth-stage technology investor looks to capitalise on what it describes as a "transformational" period for European AI companies.
Janus Henderson, Victory Park Capital and Privacore Capital have raised an additional $100m for their private asset-backed credit interval fund AltsABF from General Electric Pension Trust.
Pantheon has closed its largest dedicated co-investment programme to date, raising $3.2bn amid continued investor demand for lower-cost, direct private equity exposure.
Hamilton Lane has strengthened its push into GP-led secondaries by acting as the sole lead investor in a $270m single-asset continuation vehicle for Savant Wealth Management.
Index Ventures has expanded its latest fundraise to $3.5bn across seed, venture and growth investing as the venture firm positions itself to back founders throughout the AI cycle.