Tag: deal

Pantheon has expanded access to its infrastructure secondaries strategy through a new evergreen fund, two years after raising a record $5.3bn for its latest institutional infrastructure programme.

CVC Secondary Partners has closed its sixth global private equity secondaries fund on $10bn, continuing a rapid expansion of the firm's firepower in the asset class.

Constitution Capital Partners has launched a collective investment trust aimed at bringing its North American middle-market private equity strategy into US defined contribution retirement plans, as alternative asset managers position themselves for potentially significant new flows from the 401(k) market.

HIG Capital has hired Blackstone senior managing director Younghee Choi as head of Asia, extending a rapid buildout of its capital formation operation as the $75bn alternatives manager looks to expand its Asian LP base.

Polish private equity house Avallon MBO has held a €171.5m first close for its fourth flagship fund, already surpassing the total raised by its predecessor as its targets a potential €260m final close.

Long-time Bowery Capital general partner Loren Straub has launched her own venture firm, Prompt Capital, and is seeking up to $40m for its debut fund.

Epiris has agreed a cash acquisition of Unified Communications as a Service specialist Gamma Communications which gives the FTSE 250 business a roughly £1.08bn enterprise value.

Nordic buyout house Axcel has closed its eighth flagship fund at a €2.1bn hard cap, increasing the strategy by 60% from its 2024 predecessor vehicle.

Andreessen Horowitz has added $1.75bn of fresh capital to its fifth growth fund, increasing the vehicle to $8.5bn less than eight months after closing the vehicle.

Special situations investor Ocean Avenue Capital Partners is back in the fundraising market eyeing up to $750m for its latest investment vehicle, which will target co-investments alongside independent sponsors.