17Capital has reportedly set a $3.5bn target for its latest preferred equity fundraise, above the $2.9bn it gathered for its last fund in the strategy in 2021.
UK climate impact seed investor Elbow Beach has hit a £63m first close for its sophomore fund - the vast majority of which has come from the British Business Bank.
Kvika bank and its asset management arm have expanded its principal and fund investment capacity in the UK to about £100m through the close of its HCPII fund.
Fintech investor Ribbit Capital has set its sights lower for its latest pair of fundraises, with eyes on a combined $1.15bn - more than 40% less than it collected for its predecessor vehicles in the strategies.
Seattle-based mid-market investor Pike Street Capital has raised $199m for a single-asset continuation vehicle for Fund I portfolio business Impel Company, a provider of fluid management systems for the water and wastewater treatment sectors.
San Francisco-based technology investor Turn/River Capital has hit a $2.5bn hard cap final close for its latest flagship fund, almost doubling the total raised for its predecessor.