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.

Oaktree Capital Management, L.P. (Oaktree) has announced the final close of its third Special Situations fund, Special Situations Fund III and its related vehicles, with total capital commitments of approximately $3bn.