Allocations
Paris-based alternative investment firm Anaxago Capital’s first fund dedicated to the decarbonisation of European assets, AxClimat I, made its first investment in Vidia Equity’s oversubscribed Vidia Climate Fund I, which closed last month at its €415m hard cap.
Family offices have upped their allocations to alternatives in recent years, with an average 52% of assets now allocated to the asset class up 200 basis points since 2020, and they will continue to do so in 2024, according to a report by global private investment firm KKR.
Partners Brett Estwanik, Paul Kaboub and Chris Stoeckle have launched Inyarek Partners, a Boston-based private equity firm investing in energy transition across both direct investment vehicles and traditional commingled funds.
Epiris, a private equity firm that targets control positions in UK-headquartered businesses with an enterprise value of between £75m and £500m, has held the final close of Epiris Fund III with total capital commitments of £1.044bn.
Private equity LPs had the lowest amount of cash returned to them from their investments last year since the global financial crisis, restricting efforts by buyout firms to launch new funds, according to a report by Bloomberg.
Credit-focused alternative asset manager Apollo Global Management has experienced a record year in annual earnings — prompting the firm’s CEO, Marc Rowan, to take a “victory lap” — and is setting targets to double its private credit origination business and put the asset class into retirement accounts, according to a report by Bloomberg.
The Riverside Company, a global private equity investment firm focused on the lower end of middle-market companies, has closed its Riverside Acceleration Capital Opportunity Fund II, raising $235m in capital commitments and subsequently increasing its growth equity investment capacity by more than four times.
Alternative investment giant Blackstone has opened its retail private credit fund ECRED to retail investors in France as part of an exclusive partnership with BNP Paribas’ wealth management and Cardif companies.
Coalesce Capital, a private equity firm focused on investments in human capital-driven and technology-enabled services companies, has closed its inaugural fund, Coalesce Capital Fund I, and parallel vehicles, with $900m in total capital commitments.
Independent infrastructure investment manager Ancala has held the final close of its third flagship co-mingled fund with €1.4bn in capital commitments, surpassing its original €1.2bn target and marking the firm’s largest single fundraise to date.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
