Warburg Pincus has made an investment in Ares and LightBay Capital-backed Awayday through its $4bn-plus Capital Solutions Founders Fund, providing liquidity to the vacation-rental manager's existing investors while leaving Ares and LightBay as controlling shareholders.
Dutch pension giant ABP has committed €250m to the EQT-managed Scaleup Europe Fund as it prepares to deploy about €1bn into European venture capital over the next three years.
LAUNCHub Ventures has reached a €65m first close for its third fund, putting the Central and Southeast European early-stage investor most of the way towards a €75m-plus target.
Headline has raised $400m for its eighth European early-stage fund as the Mistral and Black Forest Labs backer looks to increase its exposure to the continent's rapidly expanding AI sector.
SoftBank Group has completed its $3.1bn acquisition of DigitalBridge, taking the digital infrastructure specialist private and making it a controlled subsidiary of the Japanese investment group.
Abry Partners has hired Advent International managing director Yusef Kassim to lead its capital strategy and investor relations, seven years after the $16bn alternative investment manager last publicly announced the close of a flagship buyout fund.
Investcorp has beaten its $1.1bn target to raise $1.22bn for its second North American private equity fund, targeting growing middle-market services businesses.
Oaktree Capital Management has raised $2bn for its first dedicated institutional asset-backed finance fund as parent Brookfield continues to scale a financing platform which now exceeds $60bn.
Ares Management has raised about $4.2bn for its inaugural dedicated structured solutions strategy, more than quadrupling the vehicle’s original $1bn target amid growing demand for financing aimed directly at private equity managers.
Alternative credit specialist CIFC Asset Management has hired veteran distribution executive Nick White to expand its European investor relationships as the $47bn-plus manager looks to bring more of its credit strategies to institutions and wealth clients across the region.