Pomona Capital raises $4B in capital across platform in past two years

Pomona Capital, a global private equity firm specialising in secondaries investing, has raised a combined total of $4 billion across its platform in the past two years. The firm recently held a final close on its tenth secondaries flagship fund, Pomona Capital X (PC X) with commitments of $2.6 billion. PC X was oversubscribed and […]
Bow River Capital raises $590m for third private equity fund

Bow River Capital, a Denver-based alternative asset manager, has closed its third private equity fund, Bow River Private Equity Fund III LP (Fund III), at $590 million. The fund was oversubscribed, exceeding its target of $500 million. Fund III benefitted from strong support from both existing and new investors. Perkins Coie served as legal advisor […]
Liberty Street Advisors’ Private Shares Fund surpasses $1bn in AuM

Liberty Street Advisors’ Private Shares Fund has increased assets under management to more than $1 billion. The Fund seeks capital appreciation by investing in the equity securities of private, operating, late-stage, growth companies. While traditionally, such access to private companies has only been available to institutional and high net worth investors through high minimum, complex […]
AllianceBernstein closes latest real estate debt fund on $1.3B

US investment firm AllianceBernstein has closed Commercial Real Estate Debt Fund IV with $1.3bn of capital commitments. AB launched the US commercial real estate debt platform in 2013. It currently has $9bn of AUM under active management. The team has deployed $8.6bn of capital to over 130 loans since inception. “The expansion in the cost […]
StepStone closes fifth co-investment fund at $2.36B

StepStone Group Inc, a global private markets investment firm, has made the final closing of StepStone Capital Partners Fund V (SCP V), its fifth dedicated co-investment fund, raising $2.36 billion of commitments. Through SCP V, StepStone seeks to build a diversified portfolio of co-investments alongside leading private equity firms, in select transactions according to their […]
Apollo raises $13B for first flagship buyout fund since Leon Black exit

Fundraising being closely watched on Wall Street as a marker for chief Marc Rowan’s tenure Apollo Global has raised $13bn for its first flagship buyout fund since co-founder Leon Black left the private equity group last year over his long association with convicted sex offender Jeffrey Epstein. The group said that by July the fund […]
Apollo launches $15 Billion equity fund for High Net-Worth investors

Apollo Global Management Inc. is launching an equity fund that allows high net-worth individuals to invest alongside the firm as the alternative-asset manager expands beyond its traditional client base. The $15 billion Apollo Aligned Alternatives fund is designed to replace public equity investments by offering exposure to lower-volatility private ones, targeting returns similar to assets […]
L’ATTITUDE Ventures closes first $100m fund focused on Latino-founded early-stage companies

L’ATTITUDE Ventures has closed its first institutional fund, raising over $100 million through a strategic anchor investment by JPMorgan Chase and initial investments from Trujillo Group and Bank of America. Other key investors in this fund, which is aimed solely at investing in Latino-owned companies with high growth potential, include UC Investments and MassMutual, Barclays, […]
Balbec Capital raises over $1.5B for fifth global credit fund

Balbec Capital, a global alternative asset manager with over $11 billion in platform assets, has closed its fifth global flagship fund, InSolve Global Credit Fund V, with total commitments of over $1.5 billion as well as a $100 million expandable co-investment vehicle, making it Balbec’s largest fund to date. The Fund seeks to generate consistent, […]
Flashpoint Venture Capital holds $102m close of VC III Fund

Flashpoint Venture Capital has closed it VCIII fund with $102 million of capital commitments, including $20 million from its first institutional limited partner Széchenyi Funds. Flashpoint VC focuses on global Series A tech startups originating in Emerging Europe and Israel. While Széchenyi Funds’ focus is on financial institutions, large corporates, and more mature SMEs, it […]