Prudential Financial's asset management arm PGIM has expanded into private credit secondaries, with plans to deploy up to $1bn over the next two years into the emerging asset class.
Listed asset manager Westwood Holdings Group has raised more than $300m for the final close of its sophomore energy secondaries fund and two related co-investment vehicles.
DTCP, the infra and growth investment house launched by senior venture capital execs at Deutsche Telekom, has launched a new Europe-focused defence and "resilience technology" fund called Project Liberty.
General Atlantic has closed a follow-on investment in Odoo, a provider of open-source integrated business software applications for small and medium-sized enterprises, valuing the company at €7bn.