Just Climate, an investment business established by Generation Investment Management to address the net-zero challenge at scale, closed its inaugural fund, Climate Assets Fund I, with $1.5 billion in capital commitments exceeding its $1 billion target.

Nexa Equity, a San Francisco-based private equity firm focused on investing in lower-middle market application software and fintech businesses, has closed its inaugural fund, Nexa Equity Fund I, with more than $180 million in capital commitments.

Swiss bank Julius Baer is betting on the continued appetite of its wealthy clients for private equity investments by targeting a $250 million fundraise for a new buyout fund, according to a report by Bloomberg.

Isomer Capital, an independent private investment firm focused exclusively on European venture capital, has held the first close of its new €250 million Isomer Capital III (IC III), with one third of its target subscribed by an early group of returning investors. 

KKR & Co’s new international private equity fund for high net-worth investors has so far attracted $400 million from clients, according to a report by Bloomberg, citing information from the firm’s co-chief executive officer Joe Bae. The report quotes Bae as revealing at an investor conference on Thursday, that KKR is also planning to launch a private equity fund for US retail investors in the current quarter, along with an infrastructure fund for US retail clients. According to Bae the alternative industry could potentially attract $9 trillion to $10 trillion of the estimated $180 trillion of wealth currently in the

Adams Street Partners, LLC, a private markets investment management firm with more than $54 billion of assets under management globally, has secured more than $3.2 billion in capital commitments for its seventh Secondaries Investment Program, including the successful close of Global Secondary Fund 7.

Integrum, an investment firm focused on partnering with technology-enabled service companies, has completed fundraising for its inaugural fund, Integrum Capital Partners LP at $1.1 billion, exceeding the fund’s original target.  This total excludes related co-investment vehicles that provide the fund with capacity to invest additional capital.   The fund received strong support from an international group of high-quality institutional investors, including pension funds, wealth managers, insurance companies, consultants, family offices, foundations, and funds of funds.    Integrum says the new funding will allow it to continue executing on its differentiated approach to value creation, investing to produce sustainable organic growth,

Pear VC has closed its fourth fund with $432 million in capital commitments, making it one of the largest seed funds raised in recent years by a non-multistage vehicle. The fund will target pre-seed and seed investments in AI.

Kinzie Capital Partners LP has held the final close of the company’s first institutional fund, Kinzie Fund II, with $150 million in total commitments, from a wide range of investors including foundations, endowments, pension funds and family offices.