Lower middle-market-focused private investment firm Kian Capital Partners and alternatives investor Apogem Capital have held the closing of a single-asset continuation fund to reinvest in SPATCO Energy Solutions, expanding the former’s AUM to just over $1bn.

Agellus Capital, a lower middle-market private equity firm focused on B2B, non-discretionary consumer, supply chain and infrastructure services, has closed its debut fund, Agellus Capital Private Equity Fund I, with total limited partner capital commitments of $400m.

Volpi Capital, a technology investor in the European lower mid-market, has held the final close of Volpi Capital Investments III with €428m in total capital commitments.

The largest public pension find in Texas, the Teacher Retirement System of Texas, which manages some $202bn in assets, has decided to shift almost $10bn out of private equity investments, according to a report by Bloomberg.

London-headquartered private equity firm Tioopo Capital has made the first close of its inaugural fund, Tioopo TP1, at 40% of its €80m target. 

Eurazeo has held the final close of its maiden infrastructure programme, which comprises the Eurazeo Transition Infrastructure Fund and a co-investment vehicle, at €706m in aggregate commitments, exceeding the original €500m target.

Patria Investments has launched its inaugural secondaries fund following its acquisition of Abrdn’s European private equity business – Patria Secondaries Opportunities Fund V, which is aiming to raise $500m according to a report by Secondaries Investor.

Goldman Sachs is looking to raise $2bn for its inaugural Asia Pacific-focused private equity fund as it looks to deepen its exposure to some of the world’s fastest-growing economies, according to a report by Reuters.