Adelis Equity Partners Fund III (Adelis III) has held a final close following a short period of fundraising. The Fund, which was significantly oversubscribed, raised EUR855 million from external investors, on top of which Adelis’ employees have committed to invest 9 per cent, or EUR77 million, for a total fund

True Wind Capital, a San Francisco-based private equity firm focused on investing in technology companies, has closed its its second fund, True Wind Capital II, with USD817 million in equity commitments, exceeding the Fund’s target. True Wind was launched in 2015 by Adam Clammer and James H Greene, Jr, who

StepStone Group, a private markets investment firm focused on providing customised investment solutions and advisory and data services, has closed the StepStone Tactical Growth Fund III (STGF III), raising more than USD690 million of commitments.  Fried, Frank, Harris, Shriver & Jacobson LLP served as legal advisors for the formation of

General Atlantic, a global growth equity firm, has completed the final close of its sixth flagship fund, GA 2021, at USD7.8 billion, above its initial target of USD5 billion. The fund received commitments from new and existing capital partners, including family offices, endowments, foundations and institutional investors around the world.

DWS has held the final close of its inaugural Private Equity Solutions (PES) fund achieving USD550 million, including discretionary co-investment vehicles, which is in excess of its target and hard-cap of USD500 million and USD525 million respectively. Demonstrating significant demand for its mid-life secondaries strategy, the inaugural fund closed with

Bite Investments, a digital asset manager and fintech company specialised in alternative investments, has launched the Bite Private Markets Portfolio, offering investors the opportunity to access a diversified allocation to alternatives with one investment. From this week, investors can get diversified exposure across investments strategies, geographies, and fund managers in