Allocations
Private investment house Ardian has raised €530m for Ardian Growth Fund III, exceeding its €500m target size and raising more than double than the firm’s previous fund, which closed in 2018 at €230m.
One of Australia’s largest pension funds, Rest, is set to significantly increase its private equity investments over the next two years, aiming for a 5% allocation by 2026, according to a report by Bloomberg.
The Oklahoma Firefighters Pension & Retirement System has committed $20m to Schroders Capital Private Equity Global Direct IV, according to a report by Pensions & Investments.Â
Goldman Sachs Alternatives has held the final close of West Street Loan Partners V, its latest large-cap senior direct lending vehicle, with $13.1bn of total capital, plus more than $7bn in related managed accounts and $550m of co-investment vehicles.
Real assets investment manager Pennybacker Capital Management has held the final closing of its sixth value opportunity series fund, Pennybacker VI, with $1.6bn in total capital commitments.
Energy Capital Partners, an equity and credit investor across energy transition, electrification and decarbonisation infrastructure assets, has held the final close of its fifth flagship equity strategy, ECP V, with total capital commitments of $4.4bn.
Munich-based private equity firm Bregal Unternehmerkapital has held the closing of its fourth fund, Bregal Unternehmerkapital IV with total capital commitments of €2.65bn.
Family offices in North America allocate 35% of the average portfolio to private equity, the highest regionally, according to the UBS Global Family Office Report 2024.Â
Private equity’s challenges in returning capital to clients are increasingly affecting hedge funds, which depend on the same pool of institutional investors including pension plans, foundations, and endowments, for their fundraising efforts, according to a report by the Financial Times.Â
Abu Dhabi-based alternative investment manager Shorooq Partners has made the first close of its second $100m private credit fund, though the exact amount raised in this initial closing was not disclosed.Â
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm