Allocations
Advent International has raised $20bn for its latest flagship buyout fund, putting the firm on course for one of the largest private equity pools currently in the market despite a muted fundraising backdrop, according to a report by Bloomberg.
Los Angeles-based Aurora Capital Partners has closed its seventh middle-market private equity fund, Aurora Equity Partners VII, with $2.1bn in total capital commitments, its largest fund to date, exceeding its initial fundraising target.
HSBC Asset Management has rolled out a new ‘evergreen’ private equity fund targeting high-net-worth investors, joining a growing list of global managers expanding access to alternative investments to private individuals.
Centre Partners, a veteran mid-market buyout investor, is seeking $150m for its eighth flagship fund, Centre Capital Investors VIII, with a $200m hard cap, according to board materials for Plymouth County Retirement Association.
Crescent Capital Group is seeking to raise around $3bn for a new credit continuation vehicle that would roll assets out of its 2017-vintage Crescent Mezzanine Partners VII fund, according to a report by Bloomberg citing unnamed people familiar with the matter.
Chicago-based private equity firm Periscope Equity has held the final close of Periscope Equity III (Fund III) with with aggregate capital commitments of $370m, exceeding its target of $300m in under 12 months from its official launch.
TPG has closed its latest growth equity vehicle, TPG Growth VI, at $4.8bn – surpassing its $4bn target – following strong demand from both existing LPs and new investors across the Middle East, Asia, and Latin America, according to a report by Bloomberg.
Pacific Avenue Capital Partners has closed its second fund, Pacific Avenue Fund II, with more than $1.65bn in commitments, including a €100m-plus European sidecar, after a fundraising process that wrapped up in under four months.
Growth equity software investor JMI equity has held the first and final close of JMI Equity Fund XII, which was significantly oversubscribed and capped at $3.1bn, approximately four months after its launch in March.
KKR has raised $6.5bn for its latest asset-backed finance (ABF) strategy, as the global investment firm continues to scale its presence in private credit amid growing demand for alternative lending solutions, according to a report by Reuters.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
