Unigestion, an independent, specialist asset manager, has held the first close of the Unigestion Direct III (UD III) Fund, its third direct private equity fund at €200 million. The fund targets a portfolio of global, innovative mid-market companies whose growth is underpinned by long-term trends, providing investors with exposure to

Ridgemont Equity Partners (Ridgemont), a private investment firm specialising in buyout and growth investments in industry-leading middle market companies, has closed Ridgemont Equity Partners IV (REP IV) at its hard cap with $2.35 billion in capital commitments.  The fund significantly exceeded its initial target of $2.0 billion and brings the

Sienna Private Credit (formerly ACOFI Gestion) has reached €85 million in commitments for its F2E fund with backing from MAIF and the European Investment Fund. The F2E fund has a target of €250 million and will offer tailor-made financing solutions to support SMEs and industrial players in the Energy Transition.

Nordic Capital has completed its largest ever fund raise, and one of the largest in Europe so far this year, with the closing of Nordic Capital Fund XI at its hard cap of €9 billion, exceeding its €8 billion target.

BlackRock Alternatives (BlackRock), through its Infrastructure business, has raised $4.5 billion in initial investor commitments for BlackRock Global Infrastructure Fund IV (Infra IV), achieving over half of its targeted size at first closing.  The fund, which invests in essential infrastructure assets globally, secured initial commitments from a diverse group of

Ares Management Corporation (Ares), a global alternative investment manager, has held the final closing of its Ares Special Opportunities Fund II (ASOF II) at its hard cap of $7.1 billion of commitments, including General Partner commitments, way in excess of its $4.0 billion target. In January 2017, the Ares Private