Norwest Venture Partners has closed its largest fund to date, Norwest Venture Partners XIV. The new USD1.5 billion fund targets disruptive and market-leading companies from seed to late-stage across consumer, enterprise and healthcare sectors. The launch of Norwest Venture Partners XIV, which brings the firm’s total capital commitments to more

Orion Resource Partners has completed the final closing of Orion Mine Finance Fund II with over USD2.1 billion in capital commitments. Fund II is the successor fund to Orion Mine Finance Fund I and Orion Mine Finance Fund I-A and will continue Orion’s strategy of financing the construction of later-stage

Orion Energy Partners, a private equity firm providing creative capital solutions to middle market energy infrastructure businesses, has closed Orion Energy Credit Opportunities Fund II. The fund was oversubscribed with commitments totalling USD816 million, exceeding the target fund size of USD750 million. Capital commitments to Orion Energy’s new fund represent

Private equity firm 1315 Capital has held the single close of 1315 Capital II, a healthcare growth equity fund, at its hard cap over USD300 million, exceeding its USD250 million target. Similar to the first fund, 1315 Capital II includes endowment, foundation, public and private pension, and family office limited partners.

B Capital Group, a digital technology investment firm that invests in pioneering healthcare, financial services & insurance, industrial, and consumer enablement companies, has closed its inaugural fund B Capital Fund, at USD360 million, substantially exceeding the original target. Through its sponsorship from The Boston Consulting Group (BCG), B Capital Group

Think3, a private equity fund for SaaS founders, is launching a new USD1 billion fund to encourage and empower entrepreneurs to take more shots at developing the next unicorn. Instead of holding onto their current, modestly-growing company, the fund will buy their company and transition founders in 100 days to

Baum Capital Partners (BCP), a private investment firm that provides equity capital and strategic resources in support of dynamic companies in the lower middle market, has launched the GKB Growth Equity Fund. The Fund has approximately USD70 million of aggregate commitments from family offices, successful entrepreneurs and executives, and high

Drooms, a specialist in secure cloud solutions for the exchange of confidential documents, has supported B & Capital with its data room solution during the launch of the RB Capital France 1 fund marketing campaign. B & Capital’s objective with this fund is to provide support for 10 or more

Aberdeen Standard Investments has launched its first comprehensive private markets solution for investors, targeting a return of 9-12 per cent per year (net of fees) over a rolling seven year period. The new fund will invest in a diversified global mix of private equity, infrastructure, real estate and private credit.

BNP Paribas Asset Management (BNPP AM) has launched two new private debt strategies; European Infra Debt and European Real Estate Debt. The launches are BNPP AM’s first within infrastructure debt and commercial real estate debt. European Infra Debt invests in senior secured loans in Europe across sectors including transport, social