Gold House, a premier collective of Asian and Pacific Islander (API) leaders, has launched a $30 million fund — Gold House Ventures — to invest in company founders of API descent. Gold House Ventures invests across industries and stages — always in partnership with global investors. Investing partners include Accel, Alley Corp, Bain Capital, Basis Set, Bling Capital, CircleUp, Coatue, Decibel, Eniac, Floodgate, General Catalyst, GGV, Goodwater, Graph Ventures, Imaginary Ventures, Juxtapose, Lightspeed, Maveron, Mayfield, NEA, Northzone, Tribe, Trinity, Upfront, Wing VC, and Xfund. Gold House Ventures’ investors include C-suite executives of major corporations; successful API founders (Binance Labs, YouTube,

17Capital has held the final close of its inaugural 17Capital Credit Fund, which raised $2.9 billion, hitting its hard cap and exceeding its initial $1.65 billion target. It is the largest debut private credit fund raised globally since 2009 and is one of the largest debut funds ever raised .  17Capital’s credit fund provides NAV loans to high-performing private equity managers in Europe and North America, which are mostly used by managers to grow their portfolios but also to generate interim liquidity for their investors. It is a natural extension of 17Capital’s well established preferred equity offering that 17Capital pioneered

Mainsail Partners, a growth equity firm that seeks to invest in rapidly growing, bootstrapped software companies, has raised $915 million in limited partner capital commitments for its sixth fund, the largest in the firm’s 19-year history. The new fund, Mainsail Partners VI, was oversubscribed and closed in less than three months, bringing the total capital commitments raised by the firm to more than $2.2 billion. Mainsail seeks to continue its strategy of targeting $30 million to $60 million investments in rapidly growing, founder-led software companies and providing significant operational support to help them scale.

Adams Street Partners, LLC, a private markets investment management firm with more than $51 billion of assets under management, has successfully completed fundraising for its second Private Credit program (PC II), closing the oversubscribed program with more than $2.1 billion of committed capital and over $3.0 billion, including leverage. Adams Street’s PC II saw high demand globally, surpassing its original target of $1.5 billion. A number of pension plans, insurance companies and family offices new to Adams Street invested in the program, in addition to strong representation from existing investors. The close of PC II raises the total Private Credit

Nylas, a provider of communications APIs that drive workflow automation and frictionless digital experiences, has launched the new Nylas Alumni Fund. The fund supports both current and former Nylas employee entrepreneurs to launch their early-stage startups. Nylas will contribute up to $20,000 towards a seed round of funding in support of transformative startups and entrepreneurs.   The fund supports Nylas’ key objective to develop and support innovation in its workforce, in software development, and in industry standards. Through the Nylas Alumni Fund, emerging entrepreneurs will gain access to additional capital to help accelerate their startups and disruptors in their industry.

Middle market private equity firm One Equity Partners (OEP) has closed One Equity Partners VIII (OEP VIII), with committed capital of $2.75 billion. Thanks to strong demand from investors, the fund was significantly oversubscribed, and the hard cap was increased.  The closing of OEP VIII brings the firm’s combined assets under management and committed capital to approximately $10 billion. OEP VIII is the firm’s largest independent fund to date since OEP completed its spin out from JP Morgan in 2015. The fund attracted commitments from limited partners in 25 countries around the world, including financial institutions, public and private pension

MedTrainer, a healthcare company in credentialing, training, and compliance management, has made a $43 million Series B investment led by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. Existing investor Telescope Partners also participated in the round. The investment will be leveraged to accelerate MedTrainer’s growth trajectory through talent acquisition, product expansion, and partnership development.    The investment in MedTrainer was led by Vista’s Endeavor Fund, which provides growth capital and strategic support to market-leading, high-growth enterprise software, data, and technology-enabled companies that have achieved at least $10 million in recurring revenue.

Util, a global sustainability data provider measuring the social and environmental impact of companies and investment portfolios, has closed a seed round led by Eldridge, with participation from Oxford Sciences Enterprises, Cris Conde (former CEO of Sungard Bank), Andy Brown (former CTO of UBS), and Roseann Palmieri (former Head of Enterprise Data Management at Bloomberg LP), among others. Util’s machine-learning models measure patterns at scale and without bias, revealing the degree to which more than 50,000 companies of different sizes, sectors, and regions – and the capital tracking them – perform against the 17 goals outlined in the UN’s 2030

Salsify, the Commerce Experience Management (CommerceXM) platform, has closed a $200 million Series F round of financing led by TPG, a global alternative asset management firm. The round, which includes investments from Permira’s Growth Opportunities Fund, Neuberger Berman Funds, and Cap Table Coalition, brings Salsify’s valuation to $2 billion.   The new funding follows Salsify’s $155 million Series E round led by Warburg Pincus in September 2020, bringing total funding to over $450 million.

MetLife Investment Management (MIM) has launched a private equity fund investment platform for institutional clients in concert with the closing of approximately $1.6 billion in commitments to a new MIM-managed fund-of-funds. The new fund has purchased a portfolio of approximately $1.2 billion of private equity and venture capital assets with funded and unfunded commitments totaling $1.2 billion from MetLife affiliates as part of a managed secondary sale transaction anchored by funds managed by HarbourVest Partners, which served as lead investor. MIM syndicated a portion of the transaction to other unaffiliated institutional clients. Following the closing, MIM intends to deploy approximately