Canadian private equity house Novacap has sealed almost $3.8bn at the final close of its seventh TMT-focused fundraise - over $1bn beyond its initial target.
Investors remain committed to private equity despite a fall in fundraising capital last year in favour of other asset classes, new research from Bain & Company says.
Garden City Equity, a firm which targets lower mid-market businesses in the South and Southwest US, has raised $225m for its next tranche of investments.
Renewable energy, infrastructure and private equity investor Gore Street Capital is looking to raise €1bn across a new energy storage fund and co-invest capital by the end of 2026.
Consumer-focused European private equity investor Vendis Capital has raised more than €100m at the first close of its dedicated small-cap fundraise, with eyes on €150m.
Texas-based investment house BBK Capital has hit a $262.5m final close for its debut fund, which will target SMEs in "sectors vital to national security and economic resilience".