Private equity investments helped the Pennsylvania State Employees’ Retirement System (Pen SERS) investment portfolio produce a return of approximately 17.2% in 2021, raising its total asset value to $40.2 billion in the process, according to a report by chief investment officer. Although just short of the pensions fund’s benchmark return

Venture capital firm Accel’s new global late-stage “leaders” fund, has closed with $4 billion in capital commitments, according to a report by Deal Street Asia.

Presto Ventures, a VC fund investing in early-stage B2B startups from Central and Eastern Europe (CEE), has announced the final close of its €30 million Fund II. The new fund will invest in up to forty B2B tech startups at seed and pre-seed stages in the CEE region, supporting them

ECP has closed a continuation fund with $1.6 billion in capital commitments. The fund has subsequently signed a purchase and sale agreement to acquire a portion of Calpine Corporation (Calpine), an USA-based, privately held power company, from ECP III and ECP IV, along with consortium investors. The fund is supported

LGT Capital Partners has held the final close of Crown Asia-Pacific Private Equity V (CAPE V), its fifth private equity investment programme investing in the Asia-Pacific region, at the hard cap of USD1.65 billion and above the target fund size of USD1 billion. The fund’s investor base includes more than

ICG has held the final close of the ICG Strategic Equity IV fund, which is focused on GP-led secondaries, at over $5 billion in capital commitments, according to a report by Secondaries Investor. The report cites unnamed sources as revealing that the fund reached final close after just 18 months

EnCap Investments (EnCap) and the team behind the Double Eagle family of companies (Double Eagle) are to form Double Eagle Energy Holdings IV (Double Eagle IV) and Tumbleweed Royalty IV (Tumbleweed IV). The new entities have also received minority investments from Apollo Natural Resource funds (Apollo), Magnetar Capital (Magnetar), and

PATRIZIA AG has completed the first close of a new €100 million venture capital fund “Sustainable Future Ventures” (SFV). The initial close includes funds from a range of investors including pension funds and family offices, as well as strategic real estate operators and investors.    The newly launched fund, which

Concrete Ventures has launched a new investment platform which id targeting €10 million to invest in series seed and series A Proptech software companies in EMEA. Concrete’s investment themes are concentrated around data driven solutions to provide improvements in sustainability, data, and workflow efficiency in the built environment.  Following a