Constitution Capital Partners has hired WTW retirement industry veteran Rich Schainker as a managing director to expand its defined-contribution business, just weeks after launching a private equity vehicle targeting the US retirement plan market.
Schroders Capital has raised $1.3bn for its fourth flagship private equity co-investment fund, making it the firm's largest closed-ended commingled PE vehicle to date.
Carlyle and CVC DIF have agreed to acquire 90% of European remote-security business BauWatch from German family investment group Haniel in a deal valuing the company at about €1bn, according to Reuters, citing two people familiar with the transaction.
Qatar Investment Authority has agreed a $20bn investment partnership with JP Morgan Asset Management that includes a $5bn private-markets programme targeting US middle-market companies.
Climate-focused venture investor Pulse Fund has closed its debut fund on $63m, drawing commitments from an Asian sovereign wealth fund alongside institutional investors, family offices and corporate LPs.
Hamilton Lane has hired UBS Unified Global Alternatives co-head of private equity Diana Celotto as managing director to lead its primary GP relationships across Europe, adding a senior fund selector to a platform which allocated $23.6bn to private markets funds last year.
Fintech specialist Portage has closed its fourth flagship venture fund on about $600m, slightly below the $655m raised by its predecessor four years ago despite growing its wider investment platform to $7bn.
Siguler Guff has raised more than $3bn for its US small-buyout strategy, marking the largest fundraising in the strategy’s history as the private markets manager pulls in almost $700m through separately managed accounts alongside its latest commingled vehicles.
Bain Capital Ventures has raised $1.6bn for its eleventh core venture fund, as the investor concentrates its strategy around early-stage companies building AI infrastructure, applications and services.
Industrial technology-focused private equity firm Artemis Capital Partners has closed its fourth fund on $254m as the Boston-based manager targets businesses exposed to growing aerospace, defence, life sciences and semiconductor demand.