PE Tech Report

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Paris-based alternative investment firm Anaxago Capital has appointed Vincent Valez as Director of Operations. In his new role, he will oversee the management and supervision of the firm’s investments. 
LA-based private equity firm OpenGate Capital has partnered with Ownership Works, a nonprofit founded by KKR’s Co-Head of Global Private Equity Pete Stavros that is aiming to generate at least $20bn of wealth for employees over the next decade.
Australia’s largest pension fund AustralianSuper intends to nearly double its private equity assets over the next four years, a decision that comes as deal activity picks up following a period of reduced activity due to higher borrowing costs, according to a report by Bloomberg. 
Global growth equity firm General Atlantic has made a minority growth investment in HighLevel, a sales and marketing automation software provider for marketing agencies, entrepreneurs and small businesses.
Private, employee-owned investment firm Neuberger Berman has launched the NB Direct Private Equity Fund 2024 and the NB Global Private Equity Access Fund, both of which aim to make global private equity offerings more accessible to retail investors.
New York-based private credit investment firm Blue Torch Capital has held the final closing of Blue Torch Credit Opportunities Fund III and its affiliated entities with total investor commitments of $2.3bn, exceeding its $2bn target.
Alternative investment giant Brookfield Asset Management is in advanced talks with Castlelake over the acquisition of a majority stake in the $22bn private credit manager, a specialist in aircraft leasing, according to a report by the Financial Times.
New York-based private equity firm Behrman Capital has acquired Vista Apex, a US manufacturer of consumable dental products for preventative oral hygiene, endodontics and restorative dentistry, from Philadelphia-based private equity firm Inverness Graham. 
US private equity firm Compass Group Equity Partners has closed Compass Group Fund III and hit its hard cap of $408m, the firm’s second oversubscribed fundraising in two years.
US private investment firm Littlejohn & Co has hired Farrukh Bezar as an Operating Advisor. Bezar joins from his role as Senior Vice President and Chief Strategy Officer at CSX Corporation, a US holding company focused on rail transportation and real estate. 

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