Global private equity fundraising turned in its second consecutive year of declining activity in 2025, new data from financial analytics specialist PitchBook shows.
Multi-strategy investor Davidson Kempner Capital Management has bolstered its asset-backed private credit fund capital with a more than $1.1bn final close of its sophomore fund in the strategy.
Mid-market healthcare and tech investor Eir Partners has reached a $1bn final close for its third flagship fund, more than doubling the total collected for its sophomore vehicle two years ago.
Franklin Templeton’s credit arm Benefit Street Partners has scored $10bn of new investable capital through the final close of its latest real estate debt fund.
Private equity major Warburg Pincus has hit a $3bn final close for its third fund targeting financial services dealmaking, beating its initial $2.5bn target.