Goldman Sachs Asset Management (GSAM) has raised $1.6 billion for its first private equity fund focused on making investments in companies providing climate change and environmental solutions, according to a report by Reuters.

Cresset Partners has launched the Cresset Partners Private Credit Fund, an evergreen vehicle that will invest in a diversified portfolio of private senior secured loans, among other private credit opportunities.

Lower middle-market private equity firm Shoreline Equity Partners has held the close of its second private equity fund, Shoreline Equity Partners Fund II, with $450 million in limited partner commitments, in excess of its original $400 million target.

Muzinich & Co has held the final close of the Muzinich pan-European Private Debt Fund II, which provides flexible debt capital solutions to lower middle-market companies across Europe and the United Kingdom, with €800 million in capital commitments.

Andros Capital Partners has held the final closing of its second investment fund, Andros Energy Capital II LP, at its $750 million hard cap.

Churchill Asset Management LLC, an investment-specialist affiliate of asset manager Nuveen, has completed fundraising for Churchill Junior Capital Opportunities Fund II with $737 million of limited partner commitments, exceeding its original target of $500 million and well above the size of its $300 million predecessor fund.

Seaside Equity Partners has held the final close of its second private equity investment fund, Seaside Equity Partners II, with $325 million in capital commitments, well in excess of its original $225 million target.