European mid-market infrastructure investor Cube Infrastructure Managers has reached a €587m first close for its fourth flagship fund, which is eyeing up a €1.5bn...
Atlantic Bridge co-founder and managing partner Brian Long is leaving the €1.4bn growth equity firm to establish a new technology investment fund focused on the US market.
The $135.2bn-managing Virginia Retirement System is planning to increase its private equity co-investments to more than $750m a year and expand its use of continuation vehicles.
Proterra Investment Partners has raised a target-beating $680m for its third private credit fund targeting food and beverage businesses, taking commitments across the fund and its companion vehicles to more than $1bn.
Sagard Private Equity has raised €520m for its third emerging manager-focused fund, beating its original €400m target and securing almost three times the capital raised by its predecessor.
Finnish private equity firm Intera Partners has raised €450m for its fifth buyout fund, establishing what the manager says is Finland's largest buyout fund to date.
Blackstone has closed its fourth institutional European direct lending fund, bringing the total investable capital raised across the strategy and related vehicles since the fund's launch to approximately €13bn.
Allianz Global Investors has raised €1.5bn for its second infrastructure credit opportunities fund, exceeding its original €1bn target by 50%, with approximately two-thirds of the capital already committed to investments.
Cinven has agreed to acquire women's health pharmaceutical business Theramex from Carlyle and PAI Partners in a transaction valuing the company at approximately €2.6bn, according to the Financial Times.
UK private equity firm Aliter Capital has raised a £50m annex fund to finance further acquisitions by two existing portfolio companies, TXP and Serbus, while retaining its ownership interests in both businesses.