Fraser Irving

Software-focused private equity firm Hg has registered to raise up to $4.85bn for its second Saturn fund, aiming for three times more capital commitments than its predecessor vehicle.

Healthcare venture firm MPM Capital has raised $100m for its MPM Oncology Innovations Fund, in collaboration with the Dana-Farber Cancer Institute.

Tech-focused private equity major Thoma Bravo is reportedly eyeing up to $14bn for its latest flagship fund, just two years after hauling in $12.6bn for its most recent flagship vehicle in 2018.

Secondaries specialist Kline Hill Partners is looking to raise up to $600m of commitments for its latest fundraising outing.

Alternative assets investment major Summit Partners has made a string of promotions as it continues to deploy the $4.9bn US growth equity fund it closed last year.

Fintech venture capital pioneer QED Investors has hit a $350m final close for its oversubscribed sixth flagship fund.

CVC Capital Partners is reportedly in talks with Tencent-backed iDreamSky Technology Holdings to jointly buy listed-video game company Leyou Technologies Holdings.

The Pennsylvania State Employees’ Retirement System has agreed to commit $500m to a number of alternative assets funds as looks for attractive returns at lower fees.

Private equity giant Blackstone has bought iQ Student Accommodation from Goldman Sachs Merchant Banking and Wellcome Trust in a £4.66bn deal, believed to be largest ever private real estate transaction in the UK.

Warburg Pincus has made an INR10.8bn ($150m) investment in India's Apollo Tyres amid the firm fundraising for its first vehicle dedicated to the country.