Platinum Equity and Nestlé have agreed to establish Peranel, a 50:50 joint venture valued at $5.6bn that will combine Nestlé’s waters and premium beverages business into a standalone global platform.
Blackstone, Vanguard and Wellington Management have launched the first investment products from their recently-announced strategic alliance, expanding private markets access for wealth management clients through two funds that combine public and private assets.
Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
Golding Capital Partners has secured €283m at the first close of its sixth flagship buyout fund, as the German private markets investor continues to build a diversified European and North American small and mid-cap buyout portfolio.
Real assets investor Townsend has raised more than $2bn for its latest real estate secondaries strategy, with the global real assets specialist targeting a total raise of $3bn to capitalise on growing demand in the asset class.
Dimension, a venture firm focused on science and compute-driven companies, has launched its third fund with $800m in capital commitments, almost doubling the firm's total assets under management.
TruArc Partners has closed its latest private equity fund at $1.2bn, beating its target and coming in more than 40% larger than its predecessor vehicle.
CapVest has completed its acquisition of a majority stake in European energy infrastructure services provider TSG. The Paris-headquartered company operates across 30 countries, employs...
GoldenTree Asset Management has closed its second flagship private credit fund at its $2.75bn hard cap, with the manager highlighting not only strong institutional demand but also the pace at which the vehicle has already been deployed and its early investment performance.