Levine Leichtman Capital Partners has held the final close of its fourth lower middle market fund at its $2bn hard cap, extending a fundraising run that has seen the LA-based private equity firm secure $6.4bn across its platform over the past 24 months.
EAAA Alternatives has returned 100% of drawn investor capital from the third series of its performing credit strategy, while retaining two remaining investments it said are on track for realisation.
Platinum Equity and Nestlé have agreed to establish Peranel, a 50:50 joint venture valued at $5.6bn that will combine Nestlé’s waters and premium beverages business into a standalone global platform.
Blackstone, Vanguard and Wellington Management have launched the first investment products from their recently-announced strategic alliance, expanding private markets access for wealth management clients through two funds that combine public and private assets.
Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
Golding Capital Partners has secured €283m at the first close of its sixth flagship buyout fund, as the German private markets investor continues to build a diversified European and North American small and mid-cap buyout portfolio.
Real assets investor Townsend has raised more than $2bn for its latest real estate secondaries strategy, with the global real assets specialist targeting a total raise of $3bn to capitalise on growing demand in the asset class.
Dimension, a venture firm focused on science and compute-driven companies, has launched its third fund with $800m in capital commitments, almost doubling the firm's total assets under management.
TruArc Partners has closed its latest private equity fund at $1.2bn, beating its target and coming in more than 40% larger than its predecessor vehicle.
CapVest has completed its acquisition of a majority stake in European energy infrastructure services provider TSG. The Paris-headquartered company operates across 30 countries, employs...