Besides private credit, LUCA 1.0 is also in talks to introduce private equity secondaries, fund of venture capital funds and a private markets sports fund, chief executive Keiko Sydenham tells PEI.
Financial technology concept. FinTech. Foreign exchange.
The European tech investor closed on €1.1bn for Verdane Edda III, which makes minority and majority investments in single companies.
Aerial view of fired power station in the morning
CM Venture Capital plans to seek at least $100m to invest in China, the US and the UK, PEI understands.
A Ukrainian flag flying over the city of Kharkov in winter
Horizon Capital Growth Fund IV raised its hard-cap from $250m to $300m last year after existing investors topped up their commitments.
PEI spotlight
In this episode of PEI's Spotlight podcast, three of Asia-Pacific's most senior placement agents discuss how shifting investor appetites are reshaping the region's private markets.
A bird's eye view of Shibuya Crossing in Tokyo, Japan
Tokyo-based Basic Capital Management is back in the market for its latest strategy after a nearly four-year hiatus since its last flagship.
Two Japanese road signs pointing in different directions
PEI reported in 2020 that the firm was mid-way through the process of spinning out incrementally over four vintages.
The RMB fund targets Chinese LPs and aims to hold its first close this year.
The fund secured $2.1bn in Q4, together with more than $400m in side-car co-investment capital, according to chief financial officer Alan Kirshenbaum.
A blue sphere sitting at the top of a growing graph
Chief executive Harvey Schwartz identified the firm's wealth business as one of its key strategic objectives for 2024.

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