Conversant Capital has closed its debut private investment fund on $705m, beating its original $500m target by more than 40% as the six-year-old real estate investment firm grows assets under management to $3.2bn.
European life sciences investor Forbion has raised €2.3bn across its latest venture and growth funds, topping the record €2.09bn it collected for the predecessor pair two years ago.
KKR has agreed to acquire private capital fund administrator Gen II Fund Services from Hg, General Atlantic and other minority investors for a $5.1bn...
Deep tech investor Linse Capital has raised $150m for a new early-stage strategy, marking a significant expansion beyond the concentrated growth-stage investing model it has pursued since its launch in 2015.
Energy Capital Partners has raised $834m for a single-asset continuation vehicle holding Next Wave Energy Partners, giving investors in its $3.3bn fourth flagship fund the option to cash out of the energy infrastructure business.
The British Business Bank has committed £10m to Fuel Ventures to boost the venture capital firm's capacity to make new early-stage investments and provide follow-on funding to its existing portfolio companies.
StepStone Group has partnered with Dubai-based ASB Capital to launch an open-ended Sharia-compliant private credit fund targeting senior secured lending to US middle-market businesses.
Technology-focused private equity newcomer Niobrara Capital Partners has beaten its target by about 50% to raise more than $1.1bn for its debut buyout fund, less than two-and-a-half years after launching the firm.
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.