Latest News
StepStone Group, a global private markets investment firm, has held the final closing of StepStone Senior Corporate Lending II (SCL II), raising $1.3 billion of commitments, surpassing its target of $1 billion.
Through SCL II, StepStone seeks to invest in post-Covid-19 vintage, senior secured, first-lien performing corporate loans. The portfolio will be diversified across geographies, managers, and single loan positions. Flexible allocations allow the Fund to allocate to GPs with the strongest pipelines.
The Fund attracted a broad and diverse group of investors with support from existing investors and new investors to StepStone’s private debt platform.
SCL II benefits from
A new survey from Stifel Financial Corp (NYSE: SF) and Eaton Partners, a Stifel Company, suggests that institutional investors continue to have a strong appetite for GP-led secondary recap transactions across the globe, even in the face of increased market volatility, high inflation, and geopolitical instability.
The Stifel/Eaton Partners 2022 GP Advisory Survey questioned 97 global investors regarding their approach to investing in GP-led secondary transactions.
Investors ranked Technology, Healthcare, Industrials, and SaaS as their current top four industries of focus, while Life Sciences and Energy were ranked the lowest.
Opportunities are borderless, with respondents reporting a wide-ranging and balanced
Godspeed Capital Management (Godspeed Capital), a lower middle-market Defense & Government services, solutions, and technology focused private equity firm, has acquired Rachlin Partners (Rachlin), a fully integrated architecture, planning, program management and construction management (PM/CM) company focused on education and government facilities in California.
The financial terms of the transaction have not been disclosed.
With an emphasis on education, healthcare, and government facilities for public and private clients across Southern California, Rachlin joins Huckabee Architects, Inc (Huckabee), Godspeed Capital’s new Architecture, Engineering, and Consulting (AEC) services and solutions growth platform.
First American Financial Corporation has launched the official brand and website for the company’s venture capital arm – Parker89.
Since 2019, First American’s venture capital arm has invested over $350 million in more than 20 high-growth proptech companies, many of which have become strategic partners and customers.
Parker89’s investment strategy will continue to focus on early-stage companies and entrepreneurs that are reimagining residential and commercial real estate, including tech-enabled brokerages and marketplaces, agent tools, lenders, mortgage software, and fractional homeownership.
O2 Investment Partners has appointed Travis Aho as the firm’s newest Senior Associate.
Aho will be responsible for evaluating new transactions, due diligence, underwriting, and working with O2’s portfolio companies.
Prior to joining O2, Aho worked on the M&A and Corporate Development team at Tenneco, a global manufacturer of automotive OE and aftermarket products.
Aquiline Capital Partners (Aquiline), a private investment firm based in New York and London with $8.7 billion in assets under management, has held the final closing of Aquiline Technology Growth Fund II (ATG II).
The Fund closed with more than $365 million in total commitments, exceeding its target of $300 million and nearly doubling the $189 million in total commitments raised for Aquiline Technology Growth’s (ATG) first fund.
Aquiline has raised the Fund from new and existing investors around the world and plans to continue ATG’s strategy of partnering with innovative early- and growth-stage technology companies across fintech, insuretech and
Secondary markets are known for opaque pricing and close networks. Is the advance of data and technology about to change all that in private equity’s growing GP-led space?
Recently established fintech platforms are broadening access to illiquid private equity funds and in some cases building digital secondary markets where high-net-worth investors can find potential buyers long before underlying funds would liquidate.
Service providers, such as Nasdaq who are currently providing a platform called Nasdaq Fund Secondaries which provides GPs with a centralised model to faciliate their transactions for investors, are changing the secondary space in an effort to streamline transactions
SLAMcore, a pioneer in vision-based location and mapping for robots, autonomous machines and consumer electronics products, has raised $16 million in a Series A funding round led by ROBO Global Ventures and Presidio Ventures.
Amadeus Capital Partners, Global Brain, IP Group, MMC and Octopus, plus strategic investors Samsung Ventures, Toyota Ventures, and Yamato Holdings, also joined the round.
EFA has been named as the central administrator providing fund accounting as well as registrar & transfer agency services to Sherpa Asset Management’s Diversified Opportunities Fund.
The private equity strategy of the fund is focused on longer than conventional value creation periods and more hands-on management of funds and companies via its Direct Investment holdings.
Sherpa Asset Management is a Zürich based asset management company providing asset & wealth management services.
Pelican Capital has sold portfolio company Wheelhouse Advisors to Centralis, an international corporate and funds service provider.
Centralis is backed by CBPE Capital, a UK-based mid-market private equity firm.
Pelican Capital supported the management buyout of Wheelhouse from ACA Compliance in March 2020. A strategic partner to the investment management sector, Wheelhouse Advisors supports more than 900 clients globally, with over $130 billion of assets under reporting.
The deal, which is subject to customary regulatory approvals, is expected to close in the second quarter of 2022. Financial terms of the transaction have not been disclosed.
Special Reports
Featured
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
