FORWARD FEATURES CALENDAR

Allocations

CalPERS

CalPERS to up PE allocation

Despite growing fears that higher interest rates will curb the private equity returns, CalPERS, the biggest US public pension plan, is considering upping its allocation to the asset class according to a report by The Financial Times.

Bregal Milestone closes Fund II at €770m

Bregal Milestone, a provider of late-stage growth capital to fast-growing and profitable European technology companies, has held the final close of its second fund, Bregal Milestone Fund II, with €770 million in capital commitments.

Morgan Stanley holds first close of 1GT Climate PE strategy at $500m

Morgan Stanley Investment Management has held a first close for the 1GT climate private equity strategy at $500 million of equity capital commitments. Investors include public and private pension funds and an insurance company in the Nordic region, Germany and the UK. 

Cerberus targeting $2.5bn for US supply chain investment fund

Cerberus Capital Management is looking to raise $2.5 billion for a new fund that will make investments in all stages of critical supply chain businesses and projects in the US, according to a report by Bloomberg. The report cites a 34-page presentation document produced for potential investors as revealing that

Moonfare Core Portfolio II closes at over €100m

Global private equity platform Moonfare has held the final close of its second core portfolio, Moonfare Core Portfolio II (Core II), above its fundraising target, taking a proprietary Moonfare portfolio beyond the €100 million mark for the first time. Moonfare says Core II is a central plank in its mission

One Equity closes $1bn continuation fund

AlpInvest Partners and HarbourVest Partners have helped One Equity Partners raise $1 billion for a new continuation fund for two of its portfolio companies – construction parts distributor USCO and laboratory glassware maker DWK Life Sciences – according to a report by Bloomberg. The report cites a statement made by

Australian private capital fundraising driving record levels of undeployed capital

Aggregate capital raised in the year to 30 June 2022 (FY22) by Australian private equity and venture capital funds more than doubled and quadrupled compared to fundraising in the previous year, according to the Australian Private Capital Market Overview 2023 from Preqin and the Australian Investment Council. The report confirms

LightBay raises over $1bn for second private equity fund

LightBay Capital, a Los Angeles-based private equity firm focused on service-based, middle-market companies, has held the close of LightBay Investment Partners II LP and its related vehicles with total capital commitments of $1.04 billion. 

Apollo Global Management

Apollo lowers $25bn target for new buyout fund

Apollo Global Management has lowered the target for its new flagship buyout fund, with the firm now expecting to secure capital commitments in the “low $20 billion range” rather than the original figure of $25 billion, according to a report by Bloomberg.

Pictet raises $2.5bn across two PE strategies

Pictet Alternative Advisors, the alternative investment specialist of the Pictet Group, has raised a combined $2.5 billion at the final close of Monte Rosa VI, the sixth fund in its series of diversified, multi-manager private equity funds, and Monte Rosa Co-investments V, the fifth vehicle dedicated to co-investments.

Events

12 November, 2026 – 5:00 pm

Directory Listings