Italy-focused private markets manager Nextalia has held a €1.1bn first close for its second flagship private equity fund, securing one of the country's largest pools of capital dedicated to mid-market buyouts just five months after launching the raise.
Apollo Global Management has agreed to acquire UK-listed airline easyJet in a £5.7bn transaction, ending a competitive bidding process after rival suitor Castlelake withdrew.
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.