Allocations
UK-based VCs Plural Platform and Iconical have co-led a $90m funding round for Starship Technologies, an autonomous robot last-mile delivery company founded by Skype Co-Founders Janus Friis and Ahti Heinla.
Brookfield Asset Management, a real assets-focused alternative asset manager with over $850bn of AUM, has held the first closing of the second Brookfield Global Transition Fund at $10bn in fund commitments and strategic capital.
Texas-based private equity firm Trinity Hunt Partners has closed its latest fund, Trinity Hunt Partners VII, at its hard cap of $700m in capital commitments, which was oversubscribed and had fundraising completed in under five months.Â
TJC, a middle-market private equity firm investing primarily in North American businesses, has held the final closing of Resolute Fund VI, with total capital commitments of $6.85m, an amount significantly above its initial $6bn hard cap.
The asset management arm of French multinational bank BNP Paribas is targeting a €1bn ($1.1bn) fundraise for a new direct-lending fund that will focus on medium-sized businesses, and will differ from the bank’s other private credit facilities by offering unitranche loans, according to a report from Bloomberg.Â
Private investment major KKR & Co has held the final close of KKR Asia Pacific Infrastructure Investors II with $6.4bn in capital commitments, making it the largest ever fund focused on Asia Pacific infrastructure-related investments.
The private equity arm of PPM America (PPM), PPM America Capital Partners (PPMACP), has held the final closing of its eighth co-investment fund, PPM America Private Equity Fund VIII (together with its parallel fund, Fund VIII), at $600m.
KSL Capital Partners, a private investment firm focused on travel and leisure businesses, has held the final closing of a single-asset continuation vehicle for Alterra Mountain Company with total commitments of over $3bn.
Arlington Capital Partners, a US private investment firm specialising in investments in government regulated industries, has closed its latest fund, Arlington Capital Partners VI, at its hard cap of $3.8bn, making it the firm’s largest fund to date.
Benefit Street Partners, a credit-focused alternative asset manager with approximately $75bn in AUM and a subsidiary of Franklin Templeton Investments, has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7bn of capital.Â
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm