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.
Former Phoenix Court partner Yvonne Bajela has raised an oversubscribed $17m debut fund for her new venture capital firm Evertrue Capital, targeting pre-seed investments in technology startups across the UK and Europe.
AE Industrial Partners has closed a roughly $850m single-asset continuation vehicle for defence components distributor Blue Raven, seven years after the private equity firm first backed the business.