Google Spin-Out Gradient Seals $220m for Debut AI-Focused Fundraise
Gradient, the seed‑stage AI venture capital firm that spun out of Google last year, closed its inaugural fund with a $220 million final close. The capital will be deployed to back early‑stage artificial‑intelligence startups across sectors. Gradient’s backing reflects both Google’s deep AI expertise and the broader surge in investor appetite for nascent AI technologies. The fund’s size positions the firm as a significant new player in the competitive seed‑stage AI market.
JF Lehman Targets $3.25bn Across New Flagship Fund, Sophomore Credit Vehicle
JF Lehman & Company has re‑entered the fundraising market with a new flagship private‑equity fund and a sophomore credit vehicle. The firm is targeting roughly $3.25 billion in commitments, including about $2.75 billion for the flagship fund and $500 million for the credit...
Dual-Use Military, Civilian Tech Investor Scout Ventures Raised Oversubscribed $125m Fund V
Scout Ventures, a venture capital firm specializing in dual‑use military and civilian technologies, has closed its fifth fund at a total of $125 million. The fund was oversubscribed, reflecting heightened investor appetite for defense‑related innovation. Scout’s Fund V will continue to...
Institutional Investors Eye PE for Best Returns This Year Amid Geopolitical Event Concerns
A Commonfund survey of over 200 institutional investors shows half of them view private equity as the best source of absolute or total returns in 2026, outpacing public equities (40%) and venture capital (34%). Geopolitical events dominate concerns, cited by...
Consumer-Focused Coefficient Reaches $800m AUM Through Fund II, Apex Fund Closes
Coefficient Capital announced that its second growth‑equity fund closed oversubscribed, pulling in more than $500 million, while a later‑stage Apex vehicle also reached its target. The combined inflows lift the firm’s assets under management to roughly $800 million. The new capital will...
Silvercourt Ready to Capitalise on ‘Expanding Market Dislocations’ with Oversubscribed €135m Fund II
Silvercourt Capital Partners announced the final close of its second opportunistic credit fund at €135 million, surpassing its original fundraising target. The fund was oversubscribed, reflecting heightened investor demand for credit strategies that can exploit current market dislocations. Silvercourt plans to...
Sycamore Partners Names New Senior Advisor
Sycamore Partners has hired former Marks & Spencer CEO Archie Norman as a senior advisor. Norman will help manage existing portfolio companies and scout fresh investment opportunities across the UK and broader European consumer and retail markets. The appointment follows...
Ex-Platinum Equity Pair Race Past Second Truelink Capital Fund Goal to Strike $2bn Hard Cap Close
Truelink Capital, a Los Angeles‑based buyout firm founded by two former Platinum Equity managing directors, closed its second fund at a $2 billion hard cap, surpassing its original fundraising target. The rapid capital raise underscores strong limited‑partner interest in mid‑market private...
Glade Brook Raises over $1bn for Oversubscribed Fund III Continuation Vehicle
Glade Brook Capital Partners announced that it has raised more than $1 billion for a continuation vehicle tied to its 2021‑vintage Fund III. The vehicle was oversubscribed, reflecting strong demand from investors seeking exposure to growth‑equity assets. It will acquire the...
Irish Energy Transition-Focused TirNua Gets €140m Cornerstone Backing From ISIF
The Ireland Strategic Investment Fund (ISIF) has pledged up to €140 million as a cornerstone commitment to TirNua Capital Partners’ debut fund, which is dedicated to financing Ireland’s energy‑transition projects. TirNua is a joint venture between Keyridge Asset Management and Northleaf...
BNP Paribas AM Raises €540m for Hefty European GP Stakes Fund
BNP Paribas Asset Management’s alternatives arm closed its inaugural GP‑stakes vehicle at €540 million, surpassing early fundraising targets. The fund will acquire minority interests in European private‑equity general partners, giving investors exposure to fee‑related earnings without direct deal‑by‑deal risk. Backed by...
UK, Ireland B2B Software Investor Axiom Equity Scores Above-Hard-Cap Fund II Close without Formal Fundraising Process
Axiom Equity, a private‑equity firm focused on UK and Ireland B2B software, announced that its second fund closed above the hard‑cap target, pushing total assets under management past $500 million. The fund reached its final close without a formal, public fundraising...
Deal Roundup: Goldman Sachs Alts Leads $65m Sage Series C, Littlejohn & Co Invest in GDS Associates
Goldman Sachs Alternatives' growth equity arm led a $65 million Series C round for Sage, an integrated care platform serving senior living communities and skilled‑nursing facilities. The capital infusion is aimed at scaling Sage’s technology stack, expanding its geographic footprint, and accelerating...
Ex-NFL Players Terrence C. Murphy Sr, Reggie Bush Eye $150m for Debut Sports Fund
Former NFL star Terrence C. Murphy Sr., joined by Hall of Famer Reggie Bush, has launched a private‑equity vehicle to acquire controlling interests in emerging sports leagues and related ecosystem assets. The partnership aims to raise $150 million for its debut...
PE Fundraising Suffers Weakest Year Since 2020 Amid Exit, Distributions Challenges: PitchBook
Private equity fundraising slowed for a second straight year in 2025. Total capital commitments fell to the weakest level since 2020, marking a double‑digit year‑over‑year decline. The slowdown stems from a dearth of portfolio exits, which curbed distributions and left...
Investcorp Picks up More than $1.25bn to Close Second GP Staking Fund
Investcorp has closed its second general‑partner (GP) staking fund, raising more than $1.25 billion from a diversified investor base. The vehicle will acquire minority equity positions in private‑equity and hedge‑fund managers, offering them liquidity and strategic support. Compared with the firm’s...
STG Seals Rapid Hard Cap Final Close of Second Allegro Fund on More than $1.3bn
Private equity firm STG announced the hard‑cap final close of its second Allegro fund, raising over $1.3 billion. The fund targets lower‑mid‑market enterprise‑software companies, a segment where STG has built a track record. The rapid close underscores strong investor demand for...
Sound Point Capital Strikes $1.5bn Hard Cap for Third Asset-Backed Credit Vehicle
Global alternative credit manager Sound Point Capital announced that its third flagship fund has reached a $1.5 billion hard‑cap final close. The vehicle focuses on asset‑backed credit, expanding the firm’s portfolio of structured‑finance investments. The fundraising milestone underscores robust demand for...
Deal Roundup: Waterland Eyes Palletways Expansion After Majority Stake Buy, Main Capital Invests in Good Solutions
European private equity firm Waterland has acquired a majority stake in Palletways, the pan‑European palletised freight network, to fund its next phase of growth. Palletways, founded in 1994, currently operates in the UK, Germany, Italy, Iberia, Benelux and Hungary and...
Maven Unveils Succession as MacKinnon Becomes Managing Partner, Founder Nixon Steps Back
Maven Capital Partners, a UK alternative investment firm, announced a leadership transition. Long‑time executive Ewan MacKinnon has been named managing partner, succeeding founder Bill Nixon. Nixon will step back from day‑to‑day operations and assume an advisory capacity as part of...
Ridgepost Capital-Owned Qualitas Funds Expands to Secondaries, Eyes €100m Hard Cap for Dedicated Fund
Madrid‑based Qualitas Funds, a fund‑of‑funds specialist owned by Ridgepost Capital, has launched its first dedicated secondary‑market vehicle with a €100 million hard cap. The new vehicle aims to acquire stakes in existing private‑equity funds, providing liquidity to limited partners and expanding...
O2 Investment Partners Seals 50% Fund Size Increase Through Pacey $670m Fund V Final Close
O2 Investment Partners announced the final close of its fifth flagship fund at $670 million, a 50% increase over its prior vehicle. The capital was raised in just five months, underscoring strong limited‑partner demand. The fund continues to target lower‑mid‑market buyouts...
Hamilton Lane, Ardian, Lead Continuation Fund for Latour Capital’s Gutor
Latour Capital has closed a single‑asset continuation vehicle to acquire its Uninterruptible Power Supply maker Gutor, transferring the business from its 2019 vintage fund. The vehicle is led by private‑equity advisers Hamilton Lane and Ardian, who act as anchor investors....
Deal Roundup: Warburg Pincus Buys Into Global Eggs at $8bn Valuation, JF Lehman Backs Forged Solutions Group
Warburg Pincus will invest up to $1 billion in Global Eggs, valuing the multinational table‑egg producer at $8 billion and securing a minority stake. The capital infusion is paired with a strategic partnership aimed at scaling production and expanding distribution. In a...
Bregal Sagemount Takes Less than Four Months to Strike $3.5bn Fund V Hard Cap
Bregal Sagemount announced that its fifth flagship vehicle, Fund V, hit the $3.5 billion hard‑cap target. The final close was achieved in less than four months, making the fund about one‑third larger than its predecessor. The capital will be deployed primarily...
Seven Hills Capital Concludes Sophomore Fund at $235m Hard Cap
Seven Hills Capital announced the first‑and‑final closing of its sophomore fund, Seven Hills Capital Fund II, at the $235 million hard cap in under three months. The fund was oversubscribed, reflecting strong investor appetite for lower‑middle‑market private equity. This marks a...
DPI Secures the First Close on Its Fourth Africa Fund
Development Partners International (DPI) announced the first close of its fourth Africa‑focused private equity vehicle, ADP IV, securing roughly $217 million from a consortium of development financiers. The International Finance Corp leads with a $75 million investment and a $50 million co‑investment pledge, while...
Henry Costa Strengthens Team with Two Partners
Henry Costa Partners, a specialist merchant bank serving European financial institutions, announced two senior appointments. Jeanie Kim joins as partner and head of Advice & Principal Investments, while Katherine Rainwood becomes partner and group Chief Operating Officer. The hires broaden...
Deal Roundup: Searchlight, Abry Agree KORE Buyout at Almost 700% Share Premium, Wynnchurch to Carve Out Arcosa Marine
Searchlight Capital Partners and Abry Partners have agreed to purchase the remaining shares of IoT specialist KORE Group for about $726 million, pricing the deal at $9.25 per share. The offer represents an almost 700% premium to KORE’s closing price on...
Adams Street Partners Promotes Cho to Asia IR Head as Hart Heads to Evercore
Adams Street Partners announced the promotion of Chris Cho to head its investor relations for Asia, succeeding the previous lead who is moving to Evercore. Cho brings more than a decade of private‑equity experience across the region. The appointment highlights...
Greenbriar Continues Rapid Fund Size Surge with $5.4bn Close of New Vehicle
Greenbriar Equity Group announced a final close of $5.4 billion for its seventh flagship fund, surpassing its target and marking a more than 50% increase over the prior Fund VI. The new vehicle was heavily oversubscribed, reflecting robust investor appetite for Greenbriar’s...
Ex-DocuSign Chief of Staff Sees Garden City Equity Raise $255m of New Capital
Garden City Equity, a private‑equity firm focused on lower‑mid‑market businesses in the South and Southwest United States, announced a new capital raise of roughly $255 million. The funding, highlighted by a former DocuSign chief of staff, will finance the firm’s next...
Gore Street Capital Eyes €1bn Through Energy Storage Fundraise by Year End
Gore Street Capital aims to raise €1bn for a new energy‑storage fund and a co‑investment vehicle by the end of 2026. The capital will target grid‑scale battery projects that support Europe’s renewable integration. Institutional investors are expected to form the...
Meridiam Seals €2.2bn for Fund Extending Exposure to Long-Hold European Infra Assets
Meridiam has closed its latest infrastructure fund with €2.2 billion of commitments, extending its exposure to long‑hold European assets. The capital raise reached final close this week, adding to the firm’s growing pool of long‑term infrastructure capital. The new vehicle will...
BBK Capital Seals $262.5m Debut Fund Targeting ‘National Security’, ‘Economic Resilience’ SMEs
Texas‑based BBK Capital announced the final close of its debut private‑equity fund at $262.5 million. The fund will invest in small‑ and medium‑sized enterprises operating in sectors deemed vital to U.S. national security and economic resilience. By concentrating on defense, critical...
Ex-Sequoia Capital India Arm Peax XV Raises $1.3bn Across New Fund Trio
Peax XV, the former Sequoia Capital India unit, announced a $1.3 billion raise across three newly launched funds. The capital is allocated to a seed‑stage vehicle, a growth‑stage fund, and a later‑stage continuation fund, enabling the firm to support startups throughout...
