Pantheon has hired Sagard’s former MENA head Firas Mallah to lead its Middle East business as the $84bn private markets investor opens its first office in Abu Dhabi.
Stride Consumer Partners has increased its fund size by 30% after closing its second growth equity vehicle at a $550m hard cap following a roughly four-month fundraising process.
Audax Private Debt has increased the equity capital raised for its flagship direct lending strategy by 80% after closing its third fund at a $5.4bn hard cap.
Apollo has completed its acquisition of Nippon Sheet Glass in a transaction carrying an enterprise value of almost $3.7bn, completing what the alternatives giant says is its largest private equity investment in Japan to date.
Energy Revolution Ventures is targeting a near-threefold increase in fund size with a $50m second vehicle focused on early-stage energy transition technology.
CAZ Investments’ private markets interval fund has grown beyond $900m of assets after adding more than $110m in roughly three months, as alternative managers continue to expand their reach into the private wealth market.
Rising Point Capital Management has raised $325m for its first institutional private equity fund after moving from an independent sponsor model to committed capital.
Franchise investment specialist Princeton Equity Group has more than doubled the size of its flagship private equity fund after raising $1.3bn for Fund III in just two months.
AAR has agreed to acquire a 65% controlling interest in Bain Capital-backed MRO Holdings at a $4bn implied enterprise value, paying about $1.8bn of equity value for the initial stake and repaying roughly $1.3bn of MRO’s existing borrowings.