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.
The Canada Pension Plan Investment Board has expanded its Canadian investment partnership with Northleaf Capital Partners by committing to invest another C$750m in the programme.
New Mountain Capital has hit a $1.2bn final close for its second non-control fundraise, almost double the total it collected for its debut vehicle in the strategy.
The growth of evergreen or open-ended private credit funds could create a challenge for investors, having yet to be tested by truly volatile conditions, investment data provider MSCI has said.
Software and services-focused private equity investor Hg has launched a new GP-led secondaries team under Dushy Sivanithy, who has joined the firm from CPP Investments.
Connecticut Retirement Plans & Trust Funds has unveiled up to $1.6bn of new alternative investment commitments, as well as another $600m of potential investments in private equity funds.
HIG Growth Partners has sold a minority stake in myKaarma, a provider of end-to-end service lane solutions for automotive dealerships, to Warburg Pincus.