Asterion Industrial Partners, an independent investment management firm focused on European infrastructure in the mid-market, has held the final close of its second Fund, Asterion Industrial Infra Fund II FCR, with EUR1.8 billion in commitments. The closing of the Fund, which had an initial target of EUR1.35 billion and a hard cap of EUR1.5 billion, comes slightly less than one year after its registration with the regulator (CNMV). Following approval from its Fund investors, the hard cap was raised to EUR1.8 billion late last year. Commitments to the Fund span 44 investors globally, with a high re-up rate from Fund

Astorg has held the closing of its first dedicated mid-cap fund (Astorg Mid-Cap) at EUR1.3 billion. Due to strong investor demand, the fund exceeded its initial target of EUR1 billion and hit its hard cap. Astorg Mid-Cap was launched in 2020 under the leadership of Managing Partners Lionel de Posson and Edouard Pillot to address the European middle-market for buyouts, which has been Astorg’s core expertise since the firm’s foundation in 1998.  Consistent with Astorg’s strategy and experience, Astorg Mid-Cap seeks to invest in European-based, global B2B niche leaders that benefit from secular and resilient growth as well as attractive

Moorfield Group, a UK specialist real estate fund manager, has secured commitments totalling cGBP270 million in a first close of its fifth value add Fund, Moorfield Real Estate Fund V (MREFV). The capital has been raised from investors based in Europe, Japan and the US. With appropriate gearing, the fund will have initial investable capital of cGBP650 million.    The Fund will employ a value-add risk/return approach, seeking both capital growth and inflation-linked income returns, targeting supply/demand imbalances in the residential-for-rent, student accommodation, healthcare, logistics and self-storage sectors. The fund will be operated in line with Moorfield’s 2030 Net Zero

UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has completed its fourth private equity growth strategy (PEG IV), with investor commitments totalling EUR384 million. This has seen PEG IV surpass its predecessor strategy, PEG III, which closed at EUR306 million, reflecting strong investor interest despite the fundraising-challenges posed by Covid-19. PEG IV’s success has been accompanied by the closing of additional single investor mandates following the same investment strategy.   PEG IV is already invested in a range of primary fund commitments as well as several transactions, including eight secondaries and three co-investments, helping to accelerate portfolio build-up

Harrison Street, one of the leading investment management firms exclusively focused on alternative real assets, has held the final close of its third European alternative real estate fund, Harrison Street European Property Partners III, SLP RAIF (Fund III). The fund raised over EUR800 million of equity, including co-investment vehicles, from over 25 institutional investors around the globe.   Fund III is approximately 75 per cent committed to date and includes a life sciences portfolio of over two million square feet, making Harrison Street one of the largest private real estate owners of life sciences assets in the UK. Additional Fund

Carey Olsen and Oakbridge Funds have supported Lorton Entertainment (Lorton), a UK-based film financing, production, sales and distribution group, on the launch of the Lorton Media Fund – the company’s first ever fund structure, which will provide production and distribution financing towards future projects. Founded in 2014 by Julian Bird and a consortium of private financiers, Lorton has successfully raised and invested third-party capital into the production and release of 17 independent films in the past five years, including documentaries Supersonic; As It Was; Maradona; and Bros: After The Screaming Stops. The establishment of the Lorton Media Fund under the

Nuveen has held the final close of the Nuveen Global Impact Fund, LP and affiliated entities with a total of USD218 million in capital commitments from a diverse mix of global investors. The fund’s aim is to generate strong financial returns and address two of the greatest sustainable development challenges: climate change and inequality.    The Fund will target investments that enable disruptive businesses to reduce waste and use resources in a circular manner, improving energy efficiency and reducing emissions. In addition, the Fund will target investments that expand access to and reduce the cost of basic products and services