Pantheon has held the final close of Pantheon Secondary Opportunities Fund (PSOF), a new program that will exclusively invest in the rapidly evolving market for GP-initiated private equity secondary solutions, with total investor commitments of USD624 million, exceeding the initial target.
Launches & Fundraising
Schroders Capital’s Multi Private Credit Fund (MPCF) has reached a second close of GBP85 million amid growing demand from UK pensions for a diversified portfolio of private credit exposure.
Credit Suisse and BlackRock have partnered to build the next generation of purpose-driven investments that aim to provide attractive private equity returns in line with the Credit Suisse Supertrends.
White Oak Global Advisors closes fifth generation private credit fund with total commitments of up to USD2.3bn
White Oak Global Advisors, LLC (White Oak) has successfully completed fundraising for White Oak Yield Spectrum Fund V (the Fund) and other associated vehicles with over USD1.3 billion of total committed capital. An additional commitment of up to USD1.0 billion was received for investments in specialty finance with a focus on asset-based lending.
LBO France’s digital health venture strategy continues to gain ground with the Digital Health 2 fund, which has just completed its fundraising at EUR155 million, twice as much as its predecessor fund, SISA which closed in 2017 at EUR70 million.
Building on three decades of future-proofing companies, EQT is launching EQT Future fund, an impact-driven longer-hold fund with a EUR4 billion target size, which will apply EQT’s active ownership model to accelerate sustainable transformation of companies alongside creating attractive risk adjusted returns.
New Mountain Capital has closed its latest direct lending fund, New Mountain Guardian III with approximately USD1.15 billion of capital commitments from a diverse group of investors.
Sofinnova Partners, a European life sciences venture capital firm based in Paris, London and Milan, has closed its latest early-stage healthcare venture capital fund, Sofinnova Capital X, oversubscribed at EUR472 million (USD548 million).
Macfarlanes has advised Tembo Capital Management, an investment advisor in the metals and mining sector, on its third fund, Tembo Capital Mining Fund III LP (Tembo III), which has closed with USD380 million in aggregate capital commitments, exceeding its target of USD300 million.
SWEN Capital Partners, a specialist sustainable private equity, is offering privileged access to the infrastructure asset class, generally reserved for institutional investors, with the launch of SWEN Exclusive Infrastructures.