Angelo Gordon, a $50 billion alternative investment firm focused on credit and real estate investing, has held the final close of the AG Credit Solutions Fund II at $3.1 billion of equity commitments, exceeding the fund’s $3.0 billion target in seven months from the initial to final close. The Fund

AfricInvest, an investment platform active in multiple alternative asset classes including private equity, venture capital, private credit and listed equities, has held the final close of AfricInvest Fund IV with total commitments of $411 million. Launched two years ago with a hard cap of $400 million, AfricInvest IV received investment

Tyree & D’Angelo Partners (TDP) has closed Tyree & D’Angelo Partners Fund III LP (Fund III) at its hard cap with $350 million in capital commitments. Metric Point served as the exclusive placement agent and managed investor demand that was well in excess of Fund III’s hard cap. Kirkland &

Global private equity investor Advent International (Advent) has completed fundraising for its flagship fund, Advent International GPE X. The Fund reached its hard cap of $25 billion (€22.1 billion) in commitments after less than six months in the market. Together with GPE X’s companion fund, Advent Tech II, the firm

Cathay Capital has launched Cathay Health, a new €500 million global fund dedicated to investing at the convergence of healthcare, life sciences and technology. Building on the success of the firm’s investment track record and platform, the new fund will focus on venture to growth-stage companies across Europe, North America

CV VC has launched an African Blockchain Early-Stage Fund and published its inaugural African Blockchain Report. African nations are amongst the fastest crypto adopters globally, but the African Blockchain Report moves past crypto to look at the underlying revolutionary blockchain movement, set to enable the continent to transact and interact

Global alternative asset manager ICG has held the final close of its Asia Pacific Fund IV at $1.1 billion, exceeding its target of $1 billion. Fund V, which is 60 per cent larger than its predecessor fund, received support from a broad and international group of investors looking for exposure

Canadian venture capital firm Round13 has launched a new fund dedicated to investing in the emerging blockchain and digital assets market. The fund, which has raised $70 million to date and is targeting $100 million, is operated by Managing Partners and blockchain/digital asset market veterans, Satraj Bambra and Khaled Verjee. 

Stellus Capital Management, a specialist in middle market direct lending, has held the final close of Stellus Credit Fund III (SCF III) with approximately $1.8 billion on investable capital, including target leverage, capital commitments to SCF III, investor-specific vehicles, and a newly launched private Business Development Company (Stellus Private Credit

Troob Capital Management (TCM), a private investment firm specialising in providing capital solutions to entities in underserved market segments, has closed its TCM Tactical Opportunities (TCM Tac Opps) Fund II LP at $209 million. TCM Tac Opps Fund II offers an unconstrained approach for providing access to debt or equity