Allocations
GTCR, a private equity firm focused on the technology, healthcare, financial, and consumer services sectors, has held the final closing of closing of GTCR Fund XIV with aggregate commitments of $11.5 billion, exceeding its initial target of $9.25 billion.
Axa Venture Partners is looking to raise €1.5 billion for a new late-stage fund that will make investments in European and North American tech startups, with a focus on businesses that expect to go public within three to four years, according to a report by Bloomberg.
Global fintech venture capital firm QED Investors has closed two new funds with combined capital commitments of $925 million – Fund VIII, an oversubscribed $650 million early stage fund, and Growth II, a $275 million early growth-stage fund.
QED says the new funds will allow it to continue to invest in disruptive fintech companies in the US, the UK and Europe, Latin America, India and Southeast Asia and Africa.
Founded in 2007 by Nigel Morris and Frank Rotman, QED has to date invested in more than 200 companies – including 28 unicorns. With these two new funds, QED will have
Blazehill Capital, a credit opportunities debt fund providing flexible financing solutions to mid-market businesses, has held the final close of its £250 million Fund II, just two years on from the launch of its maiden fund.
Bregal Milestone, a provider of late-stage growth capital to fast-growing and profitable European technology companies, has held the final close of its second fund, Bregal Milestone Fund II, with €770 million in capital commitments.
Morgan Stanley Investment Management has held a first close for the 1GT climate private equity strategy at $500 million of equity capital commitments. Investors include public and private pension funds and an insurance company in the Nordic region, Germany and the UK.
LRVHealth, a healthcare venture capital platform founded in 2000, has raised $200 million for its fifth fund, which will look to make investments in early-stage companies focused on innovation in the healthcare sector.
Irish private investment house Elkstone, has secured the support of the Ireland Strategic Investment Fund (ISIF) as anchor investor for the final close of its €100 million Early-Stage Irish Venture Fund.
With Enterprise Ireland also on board, the fund has already deployed over €10 million to date and aims to complete its initial investments by 2026.
Having backed Irish unicorns like Flipdish and LetsGetChecked at seed stage, Elkstone and its private clients are focussed on enabling the next generation of Irish entrepreneurs.
Elkstone’s €100m fund is Ireland’s largest early-stage venture fund. To date, Elkstone’s Venture arm has invested in more
Cerberus Capital Management is looking to raise $2.5 billion for a new fund that will make investments in all stages of critical supply chain businesses and projects in the US, according to a report by Bloomberg.
The report cites a 34-page presentation document produced for potential investors as revealing that Cerberus expects a “global resurgence of great power competition that will drive geopolitical tensions”.
The fund will focus on industrial defence, public health, transportation, and energy and minerals, according to the document, the same areas President Joe Biden targeted in a recent executive order.
The report cites an unnamed source
Shell Asset Management Company has appointed LGT Capital Partners, an alternative investment manager headquartered in Switzerland, to manage the private equity and infrastructure assets for five of its pension fund clients, effective 1 June.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
