Financial services

Mubadala Capital and Fortress Management complete acquisition of Fortress Investment Group

The seller was SoftBank.

Goldman Sachs' Petershill program backs Pennybacker Capital Management

Berkshire Global Advisors LP served as financial advisor to Pennybacker while Kirkland & Ellis LLP served as legal advisor.

EnCap Energy Transition closes $1.5bn Energy Transition Fund II

EnCap expects to have eight to ten portfolio companies in EETF II in total.

Northside Capital Management grabs investment from Rosemont

Rosemont is a private investor in employee-owned asset and wealth management firms.

SVB Financial Group to sell investment firm SVB Capital

As part of this partnership, Pinegrove and SVB Capital will operate independently.