Allocations
Alternative asset manager Golding Capital Partners has held the first closing of the Golding Secondaries 2022 Fund with capital commitments of €172m. The fund, which is targeting a total fundraise of €500m, attracted commitments from both existing and new clients.
The predecessor fund, Golding Secondaries 2019, closed above its target volume at around €280m at the end of 2021.
The latest fund offers investments in a broadly diversified portfolio consisting of more than 100 small- and mid-cap companies mainly from Europe. Target sectors include business services, IT, and communications, with the fund having deployed seed capital earlier this year to
Whitehorse Liquidity Partners, a provider of customised portfolio financing through structured liquidity solutions for private equity portfolios, has held the final close of Whitehorse Liquidity Partners V in excess of its $5.0bn target.
Glendower Capital, CVC’s secondaries platform, has held the final close of its fifth global secondary private equity fund, Glendower Capital Secondary Opportunities Fund V, with aggregate capital commitments of $5.8bn.
A/O, one of Europe’s largest venture capital firms primarily focused on investments in built-world technologies, has held the first close of its new flagship fund, which is targeting €250m in capital commitments.
Founded in 2019, A/O is committed to investing in technologies that aim to reduce greenhouse gas emissions, build climate resiliency, accelerate the energy transition, and the digitalisation of the real estate and construction industries. According to recent reports, real estate is responsible for an estimated 40% of global CO2 emissions.
A/O’s investment landscape spans the entire lifecycle of the built world – from supply chain, new materials, and
Astorg has held an interim closing of its its flagship fund, Astorg VIII, with total fund commitments of €4bn, which represents about 90% of the target size and hard cap of €4.5bn, and a nearly 10% increase on Astorg’s predecessor fund.
Private, employee-owned investment firm Neuberger Berman has held the final close of the NB Credit Opportunities Fund II with approximately $2.5bn in limited partner capital commitments, exceeding the fund’s initial target of $1.5bn.
Bain Capital Insurance, the insurance investing business of Bain Capital, has held the final close of its inaugural private equity fund, Bain Capital Insurance Fund, with $1.15bn in capital commitments, above its initial target of $750m.
The fund includes approximately $1bn of outside commitments from institutional investors and high-net-worth individuals and families. Bain Capital employees committed the balance of the fund, continuing the firm’s heritage of being the largest investor collectively across its funds.
Bain Capital Insurance Fund is focused on middle market transactions in North America and Europe across the entire insurance value chain and draws on Bain Capital’s
CenterGate Capital, an Austin, Texas-based lower middle market private equity firm, has held the final closing of CenterGate Capital Partners II (Fund II) in excess of its original target with over $375m of capital capital commitments.Â
UK private equity firm Maven Capital Partners has realised its investment in the scientific instrument developer Blacktrace Group with a strategic sale to US life science tools corporate Unchained Labs.
The sale represents Maven’s third profitable exit in 2023, having earlier in the year sold Hedgehog Lab, a mobile app and web development specialist, and Titan Wealth, a consolidator in the discretionary fund management sector.
The deal is the second profitable sale from the Blacktrace Group following the acquisition of the Group’s Syrris unit by Japanese corporate Asahi Glassplant in early 2020.
Maven clients invested in Blacktrace in 2016. Blacktrace
Blackstone has been confirmed as the first alternative investment manager to reach $1 trillion in assets, three years ahead of schedule, according to a report by Reuters.
The milestone was achieved despite the firm seeing its Q2 distributable earnings slide by 39% – from $2 billion the previous year to $1.2 billion in 2023 – due to falling asset sales.
With the global alternative investment industry said to be sized at around $12 trillion in assets, Blackstone – which manages a range of alts investment such as private equity and real estate – had set itself the $1 trillion target
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm