Allocations
Madison River Capital, a private equity firm specialising in lower middle market investments, has closed its first institutional fund – Madison River Capital Fund I – raising over $370m in total capital commitments.
Private equity form GTCR has held the final close of Strategic Growth Fund II (SGF II) with approximately $3.6bn in aggregate commitments. The oversubscribed Fund surpassed its target of $2.75bn and the size of its $2.2bn predecessor which closed in 2022.
Muzinich & Co, a global manager of both public and private credit investments, has launched the Muzinich European Private Credit ELTIF SICAV which will aim to construct a portfolio of circa 50 senior-secured direct lending investments.
Neuberger Berman, a private, independent, employee-owned investment manager, has held the final close of NB Specialty Finance Fund III, at over $1.6bn in total capital commitments, exceeding its original $1bn target.
New research by private equity placement agent MCAM Group reveals that 42% of private equity firms now have continuation funds, a mark of a growing trend that reflects the industry’s shift away from the traditional 5-7 year buy-and-sell cycle.
Tikehau Capital has successfully raised a record €1.2bn for the third generation of its special opportunities strategy, exceeding its initial target of €1bn and nearly doubling the size of the previous vintage, which closed at €617m.
Invalda INVL Group has successfully completed a first closing of its second-generation private equity fund (INVL Private Equity Fund II), reaching €305m in capital commitments and exceeding its original fundraising target of €250m.
Antares Capital, an alternative credit manager with approximately $80bn in capital, has launched the Antares Private Credit Fund (ABDC), a public, non-traded business development company (BDC), with more than $1.4bn in investable capital.
PSG, a prominent growth equity firm specialising in software and technology-enabled services, has successfully closed its sixth North American flagship fund, PSG VI, with $6bn in capital commitments, as well as a $2bn continuation fund which includes six portfolio companies.
Invesco Private Credit, the global private credit arm of Invesco Ltd, has held the final closing of its flagship Invesco Direct Lending Fund II and related vehicles, with a total of $1.4bn in committed investable capital.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
