The majority of limited partners believe GPs are over-ambitious with their returns expectations in the current macroeconomic climate - and are tasking PE firms to 'stick to what they know' when trying to commit their growing mountains of dry powder.
Financial services-focused private equity investor AnaCap has raised about €300m for its debut continuation fund, which will hold a pair of its existing portfolio companies.
Congruent Ventures Fund III, which invests in early stage US startups addressing climate and sustainability challenges, was initially targeting $200m but attracted $600m in LP interest to bring its final close at $275m.
Global private investor Siguler Guff has expanded its investor relations team with ex-Morgan Stanley investment manager Scott Krattenmaker and four other managing directors.
European sustainable innovation investor Reveia has pulled in €150m for the final close of its sophomore fund, just a few days after celebrating its fifth anniversary.