Cerberus Capital Management has closed a $2.3bn single-asset continuation vehicle for Subsea Communications, a critical digital infrastructure company and supplier of turnkey subsea fiber optic cable systems.
London-based healthcare and life science Apposite Capital has launched a new growth-focused health fund, anchored by a £100m commitments from the British Business Bank.
Partners Group has raised more than $9bn of commitments to close its eighth flagship secondaries programme, which includes a closed-end fund and related vehicles.
'Offline economy'-focused Sideline Group has raised $155m for the final close of its debut investment fund and related vehicles, "substiantally" exceeding its initial target.
Global venture capital investment more than doubled to a record $330.9bn in the first quarter of this year, KPMG said, fuelled by "an extraordinary concentration of capital in large megadeals".