KKR has raised $19.2bn for its biggest-ever infrastructure investment fund as investor demand for critical infra continues to accelerate - particularly around digital infrastructure, energy transition and electrification.
G Squared has closed its seventh flagship fund on $2.3bn, its largest vehicle to date, as the venture secondaries specialist looks to capitalise on the asset class moving from the sidelines to become a core feature of the industry.
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.