Healthcare investment firm Patient Square Capital, has closed its inaugural fund with approximately $3.9 billion in total capital commitments, surpassing its $3 billion target, which the firm says makes it the largest first-time private equity fund ever raised, and the largest fund ever raised by a dedicated health-care-focused private equity,

Shamrock Capital, a Los Angeles-based investment firm specialising in media, entertainment, communications and related sectors has held the final closing of Shamrock Capital Content Fund III, which is to acquire a diverse and global portfolio of content and media rights, with over $600 million in commitments, exceeding its target of

All Seas Capital, a pan-European private investment firm that provides capital solutions to founder- and entrepreneur-owned companies, has held the final close of its maiden fund, All Seas Capital I SCSp, with total commitments of $400 million, including co-investments.

The Massachusetts Pension Reserves Investment Management Board has committed an additional $45 million to emerging and diverse private equity and venture capital investment managers, according to a report by Pensions & Investments Online.

Atalaya Capital Management, an investment management firm focused on asset-based private debt and special opportunities, has closed its oversubscribed eighth Special Opportunities Fund with $1.8 billion of commitments from both new and existing partnerships with investors. 

Middle market private equity firm Gemspring Capital Management has closed the Gemspring Capital Fund III at $1.7 billion in capital commitments, and Gemspring Growth Solutions Fund I at $400 million, totaling $2.1 billion in aggregate capital commitments. 

Adenia Partners, an Africa-focussed private markets investment firm committed to responsible investing, has held the first close of its fifth flagship fund, Adenia Capital V, with $300 million in capital commitments from investors.

Buyout firm Convergence Partners has raised $296 million for a new fund that will focus on investments in African technology assets, bringing total funds under management at the firm to around $600million, according to a report by Bloomberg. The fund, one of the first PE vehicles focussed on sub-Saharan Africa