Allocations
Golub Capital has held the final close of its sixth credit opportunities fund, GEMS Fund 6, with $2bn of investable capital – in excess of its target – making it the largest Golub Capital Credit Opportunities fund to date.
Specialist global impact investor Blue Earth Capital has partnered with Achieve Partners, a US-based impact fund manager focused on education in North America. The partnership entails commitments to the latter’s latest fund, Achieve EdTech Buyout Fund, as well as a single-asset GP-led continuation fund. Â
Private equity fund closings fell by 37% in the first three months of the year compared with the same period in 2023, to just 150, the lowest figure seen in any quarter since 2018, according to a report by Pensions & Investments.
NextEnergy Capital (NEC), a global renewables manager specialising in the solar infrastructure sector, has held the second close of its fifth strategy NextPower V ESG (NPV ESG) with $745m in capital commitments, having raised an additional $265m since first close.
Mercer has closed Mercer Private Investment Partners VII with the fund, which offers investors flexible access to a wide spectrum of global private markets, attracting limited partner capital commitments of over $3.9bn.
Hong Kong-based alternative credit manager Tor Investment Management has raised $310m for its third Asia opportunistic private credit fund, according to a report by Bloomberg citing Co-Founder and Portfolio Manager Christopher Mikosh.
Evolution Equity Partners, a private investment firm focused on cybersecurity software companies, has closed Evolution Technology Fund III, with total capital commitments of $1.1bn.
Apiary Capital, a specialised private investment firm focused on lower mid-market UK services, has held the final close of Apiary Capital Partners II substantially above target with £240m in capital commitments.
Lightyear Capital, a New York-based private equity firm focused on financial services technology, healthcare and business services, has closed a single-asset continuation fund for portfolio company ampliFI Loyalty Solutions.
New Mountain Capital, which manages over $35bn across private equity, credit and net lease real estate, has closed its latest direct lending fund, New Mountain Guardian III BDC, with around $1.15bn of capital commitments from a diverse group of investors.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
