Allocations
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.
Rex Kim, Chief Investment Officer of the Oregon Investment Council, which oversees Tigard, the $93.6bn Oregon Public Employees Retirement System, has announced a commitment of a combined $1.5bn to private markets strategies.
San Francisco-based real estate credit manager ACORE Capital has closed a new commingled credit fund with approximately $1.4bn in capital commitments from investors, according to a report by PERE.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
