The $33.4bn-managing institutional investor Los Angeles Fire & Police Pensions has unveiled more than $230m of new alternative assets fund commitments.
Mitsubishi Chemical Group has reportedly selected Bain Capital as the preferred bidder for its Tanabe Mitsubishi Pharma subsidiary, which could see the unit value at more than $3bn.
European private equity fundraising in 2024 saw a sharp contrast in fortunes for fund managers, as megafunds dominated while others struggled with treacherous conditions, new research from PitchBook shows.
Ardian has continued its powerful start to the year, following its $30bn final close for the world’s largest private equity secondaries fund with a €3.2bn Expansion Fund raise.
Vesper Infrastructure Partners has hauled in more than €570m for an interim close of its debut fund targeting sustainability and decarbonisation in the segment.
Asset management major Neuberger Berman has launched a new ELTIF vehicle aimed at getting retail and professional investors access to a portfolio of direct private equity co-investments.