Union Capital Associates, a lower middle-market private investment firm, has closed its newest fund, Union Capital Equity Partners III, oversubscribed at its hard cap of $309 million. As with its predecessor, Fund III will invest in US founder-owned businesses where Union Capital is typically the first institutional investor. Union Capital

Lerer Hippeau, an early-stage venture capital based in New York City, has raised $230 million in new capital across two funds: LH Seed VIII, which focuses on pre-seed and seed-stage companies, and LH Select IV, which invests in companies from Series A to C.  With these new funds, Lerer Hippeau

Glennmont Partners from Nuveen (Glennmont), one of the world’s largest fund managers investing in clean energy, has launched the Nuveen European Core Renewable Infrastructure (NECRI) strategy in partnership with MN. NECRI is an evergreen strategy that gives Glennmont and MN (on behalf of its client PMT) the mandate to invest

Clearlake Capital Group, an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies, has completed fundraising for Clearlake Opportunities Partners III (COP III) with more than $2.5 billion in capital commitments.  COP III was oversubscribed (including commitments from the General Partner and affiliates)

Avanta Ventures, the venture capital arm of CSAA Insurance Group, has raised $225 million for its early-stage Fund II, bringing assets under management to over $300 million. Avanta Ventures’ primary investment focus is insurtech, mobility, and risk-adjacent sectors such as fintech, cybersecurity, smart home, and applied artificial intelligence. Avanta Ventures

Neuberger Berman, a private, independent, employee-owned investment manager, has held the final close of NB Secondary Opportunities Fund V LP (SOF V), the firm’s fifth global private equity secondary fund at $4.9 billion, surpassing its target of $3.0 billion. 

Mirova has raised €1.6 billion for the Mirova Energy Transition 5 (MET 5), its fifth energy transition infrastructure equity fund.    This historic fundraising round, which lasted 18 months, is testament to the hard work of Mirova’s teams, who have been active in the energy transition infrastructure sector for 20

Resurgens Technology Partners, a tech-focused private equity firm, has completed fundraising for Resurgens Technology Partners II (Fund II) with over $500 million in total capital commitments. Fund II was oversubscribed and reached its revised hard cap at close. The latest fund will be a continuation of the firm’s established investment

Digital Transformation Capital Partners (DTCP) has successfully completed the first closing of its Growth Equity III Fund (GE III) at $300 million. The Fund was launched in March 2022 and has raised capital from new and existing investors including Deutsche Telekom and SoftBank Group International, alongside other institutional, pension fund, corporate,

HCAP Partners has held the final close of its second SBIC fund, HCAP Partners V, which was oversubscribed with total capital commitments of $353 million including anticipated leverage from the SBA, exceeding the initial fundraising target by over forty per cent.  Operating as a US Small Business Administration SBIC (Small