Hamilton Lane has held the final closing of the Hamilton Lane Equity Opportunities Fund V with approximately $2.1 billion in total commitments from a wide range of global investors including public pensions, sovereign wealth funds, Taft-Hartley pension plans, endowments, foundations, high-net-worth individuals and other financial institutions. The fund, the firm’s largest to-date, employs a strategy which Hamilton Lane says provides investors with diversified exposure to differentiated deals through an efficient fee structure.  Including Fund V, Hamilton Lane’s Direct Equity platform has raised approximately $3.7 billion since mid-2020.  

The Office of the Chief Investment Officer of the Regents of the University of California has formed a new, long-term strategic venture with Blackstone which will see UC Investments invest $4 billion in Blackstone Real Estate Income Trust Class I common shares, with Blackstone also contributing $1 billion of its current BREIT holdings.

Speedinvest, a pan-European early-stage venture capital fund, has raised €500 million in new capital to help European startups scale, with 90% of that total already committed by the fund’s investors.  Some €300 million is being invested into new pre-Seed and Seed tech startups through the firm’s fourth flagship fund, Speedinvest 4, while the remaining capital is reserved for selective follow-on co-investments in existing Speedinvest portfolio companies to support their long-term growth. Major commitments include New Enterprise Associates (NEA), the European Investment Fund (EIF), and Bpifrance, alongside government funds, banks, insurance companies, pension funds, and large family offices. Many of Speedinvest’s

The largest private equity funds to close during 2022, raised a combined $160 billion between them, according to a report by Private Equity International, with Advent International’s GPE X leading the pack at $25 billion in capital commitments, a 40% increase on Advent’s 2019-vintage predecessor fund. Thoma Bravo meanwhile, raised a combined $32.4 billion across three buyout funds smashing the tech sector’s fundraising record in the process. The firm’s $24.3 billion flagship fund, Thoma Bravo Fund XV, closed in early-December, 37% higher than its predecessor fund,  while the mid-market-focused Thoma Bravo Discover Fund IV closed on $6.2 billion and lower-mid-market-focused

Growth equity firm General Atlantic has held the final close of its inaugural BeyondNetZero fund. Following the fund’s close, General Atlantic has a total of approximately $3.5 billion in capital to invest in climate solutions. BeyondNetZero’s first fund brings together capital from investors at the forefront of climate investing, including several strategic investors, sovereign wealth funds, family offices, multinational corporations and global institutional investors.  The BeyondNetZero fund is structured as a companion fund investing in climate growth equity companies alongside General Atlantic’s core global growth equity program. General Atlantic’s core program will generally contribute 25% of capital to each climate

Munich Private Equity Partners (MPEP), a specialist in investments in the European and North American lower mid- and mid-cap buyout segment, has held the final closing of its fourth fund-of-funds programme, MPEP IV, with capital commitments of around EUR392 million, well above its original target of EUR250 million. MPEP IV is targeting a focused portfolio of 15 to 20 Lower mid- and mid-cap buyout funds per investment region. To date, the fund-of-funds has made commitments to 28 funds across Europe and North America.  MPEP says the fund attracted strong support from existing and new investors with the final fund size

VSS Capital Partners, a private investment firm focused on the healthcare, education, and business services industries, has held the final close of the VSS Structured Capital Fund IV (VSS SC IV) at $530 million, significantly in excess of its $400 million target. 

US Venture Partners, a Silicon Valley venture capital firm, has closed USVP XIII, a $400 million fund focused on Series A and B investments in cybersecurity, enterprise software, consumer and healthcare businesses.