Goldman Sachs Asset Management has raised $650m for a new fund – West Street Life Sciences I – that will make investments in startups related to the life sciences sector, according to a report by Reuters.

Forward Consumer Partners, a private equity firm that focusses on investments in branded consumer businesses, has held the final close of its oversubscribed debut fund, Forward Fund I (Fund I), at its hard cap of $425m.

Edinburgh-based investment syndicate, Archangels, invested more than £13.8m during 2023 in eleven of Scotland’s early-stage tech and life science companies.

Clearhaven Partners, a Boston-based software private equity firm focused on investments in the technology sector, has closed its sophomore fund, Clearhaven Fund II, with more than $580m of capital commitments, above target and at its hard cap.

Global alternative asset management group Tikehau Capital is targeting assets under management of €800m for the newly launched second vintage of its flagship private equity strategy dedicated to the aerospace sector.

The success of a handful of mega funds has driven European private equity fundraising to an aggregate €116bn in 2023, close to the all-time annual high of €118.7bn raised in 2021, according to data from PitchBook.

Argonaut Private Equity, a private investment firm focused on investing in Middle America, has held the final closing of Argonaut Private Equity Fund V (APE V) with $500m in capital commitments, exceeding its initial target of $400m and reaching its hard cap for the fund.

Turnspire Capital Partners, a private investment firm focused on lower middle-market industrial and consumer businesses has held the final closing of Turnspire Value Fund II, at its hard cap of $275m in capital commitments.

Vistara Growth (Vistara), announced an initial closing at over $150 million for Vistara Technology Growth Fund V LP ( towards its target of $400m. The closing was completed in 4 weeks from launch and was anchored by increased commitments from existing Vistara limited partners.