EnCap Investments has successfully closed its latest fund, EnCap Energy Capital Fund XII, at its hard cap of $5.25bn, along with an additional $1.2bn earmarked for co-investments, according to a report by Pensions & Investments Online.

Mubadala Capital, the wholly owned alternative asset management subsidiary of Mubadala Investment Company, has closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), securing total commitments of $3.1bn, and surpassing its initial target of $2bn.

Private investment firm L2 Point Management (L2 Point) has successfully closed its inaugural structured equity fund, L2 Point Opportunities Fund I (the fund), with approximately $312m in capital commitments, surpassing its original $300m target.

Prime Capital AG, the alternative asset specialist, with a focus on Continental Europe and €4.3bn assets under management as well €8.4bn assets under administration, has held the third closing of its Prime Green Energy Infrastructure Fund II.

Private equity firm Liberty Hall Capital has successfully closed an oversubscribed single-asset continuation fund to support the continued growth of Comply365, a global compliance, safety, and training platform serving the aviation, defence, and rail industries.

ARX Equity Partners (ARX), a lower mid-cap focused private equity firm operating in Central Europe, has secured the first close of its fifth fund, ARX CE V (the Fund), with total subscribed commitments of €78m.

BlackFin Capital Partners, a leading European financial services sector investment specialist, has held the final close of BlackFin Financial Services Fund IV with €1.8bn, taking the firm’s total assets under management to $4bn.

HSBC Asset Management (HSBC AM) is to launch its Vision Private Equity 2025 Fund in November 2024, following the successful final close of its Vision Private Equity 2024 Fund in June 2024 with $403.15m in capital commitments.

Third-party management company and fund regulation and governance solutions provider Carne Group (Carne), and institutional investment solutions business WTW, have secured regulatory approval for the launch of a private equity-focused Long Term Asset Fund (LTAF).

Forbion, a global life sciences venture capital firm focused on Europe, has raised over €2bn ($2.2bn) across its two newest funds, Forbion Growth Opportunities III and Forbion Ventures VII, bringing total assets under management to €5bn ($5.5bn).