The Riverside Company, a global private investor focused on the smaller end of the middle market, has held the final close of the Riverside Micro-Cap Fund VI (RMCF VI) with $1.872 billion in investable capital, making it the company’s largest fund to date. 

Indiana Public Retirement System has allocated $450 million to two private equity vehicles, according to a report by Private Equity International – $150 million to Hellman & Friedman Capital Partners XI and $300 million to a custom fund of a vehicle managed by HarbourVest Partners.

Bain Capital Ventures, the VC arm of private equity firm Bain Capital, has closed two oversubscribed funds totalling $1.9 billion, which will focus on investments in technology startups from seed to growth stage. 

Northleaf Capital Partners has held the final closing for the latest vintage of its global private equity solutions fund, Northleaf Private Equity Investors VIII with over $675 million of capital commitments, surpassing the fund’s original $600 million target. 

B Capital, a global multi-stage investment firm, has closed the inaugural B Capital Healthcare Fund I which, in conjunction with B Capital Growth Fund III, gives the the firm over $500 million to invest in opportunities across the healthcare sector, from digital health to biotech. The B Capital Healthcare team,

Lyric Capital Group, a New York-based private equity firm that specialises in investing in music copyrights, has closed its second fund, with total commitments of approximately $410 million, exceeding its target with support from a diverse group of new and existing institutional investors. 

Alternative credit investment firm Crescent Capital Group has held the final close of its eighth private credit solutions fund, Crescent Credit Solutions VIII, at $8 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund – the largest capital raise in the firm’s history.