South Park Commons has closed its fourth fund on $575m, more than double the size of its predecessor vehicle, as the early-stage investor looks to hold larger positions in portfolio companies beyond their formative stages.
Energy Capital Partners has closed its sixth flagship infrastructure fund on $8.1bn, more than 80% larger than its predecessor and well above its original $5bn target.
Alpaca Real Estate has completed the final close of its inaugural fund on about $223m, joining a select group of first-time real estate managers to secure institutional backing in what remains a difficult fundraising environment for emerging GPs.
Partners Group has entered exclusive discussions to acquire a majority stake in Aroma-Zone, a French natural beauty, wellness and selfcare brand, from Eurazeo.
Europe’s IPO market has reopened after the 2022 correction, but the backlog of potential listings is rapidly narrowing, creating a more selective exit environment for private equity sponsors, PitchBook data suggests.
HarbourVest Partners has brought in former DWS executive Guido Lombardi as private wealth lead for France, Belgium, Luxembourg and Southern Europe, as the private markets manager continues to expand its wealth platform across the EMEA.
KKR has raised $19.2bn for its biggest-ever infrastructure investment fund as investor demand for critical infra continues to accelerate - particularly around digital infrastructure, energy transition and electrification.
G Squared has closed its seventh flagship fund on $2.3bn, its largest vehicle to date, as the venture secondaries specialist looks to capitalise on the asset class moving from the sidelines to become a core feature of the industry.
L Catterton has agreed to sell science-backed wellness company Thorne to Procter & Gamble in a $3.8bn cash transaction, less than three years after investing in the business.