CEECAT Capital has reached a €135m first close for its third Emerging Europe-focused private equity fund after securing €80m of combined commitments from the European Investment Fund and European Bank for Reconstruction and Development.
Silver Lake is combining French software holdings Cegid and Silae to create a European business-management software group valued at more than €10bn, according to the Financial Times and Reuters.
New York investment firm Luma Group has closed its debut life-sciences venture fund on $410m, in the wake of securing its first portfolio-company exit through Eli Lilly’s acquisition of Vaccine Company.
Stablecoin major Tether and private-credit manager Fasanara Capital have committed $400m to launch an evergreen lending fund that aims to attract as much as $3bn from third-party institutional investors.
Hercules Capital’s investment-management arm has surpassed $2.3bn of investable capital after securing commitments for two institutional private-credit vehicles and completing a rated securitisation.
Jefferies Credit Partners has built almost $4bn of lending capacity for its European direct-lending strategy after holding the first close of its inaugural European Direct Lending Fund, anchored by Allianz Global Investors.
GE Aerospace has agreed to acquire Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75bn, handing the sponsors an exit from the aerospace castings specialist.
ICG has hit the €12bn hard cap for its ninth flagship European Corporate fund after attracting about 90 new LPs, creating what the $126bn alternatives major says is the world's largest dedicated structured capital fund.
Clean Growth Fund has reached an £81.5m second close for its second climate technology fund, including a sizeable commitment from the £120bn UK local government pension pool Border to Coast.