As part of a renewed emphasis on alternative investments, the state's retirement fund has made commitments to venture, energy, and distressed funds.
Fundraising by European-focussed opportunity real estate vehicles has reached $5 billion this year with the closing of Apollo Real Estate Advisors' third dedicated Euro fund.
Apple has passed over its original backers, Sequoia Capital and Venrock, and selected Kleiner Perkins to lead the company’s first product-focussed venture fund.
The San Francisco buyer of direct secondary interests in venture-backed companies has closed two side-by-side funds and acquired six companies from Safeguard Scientifics for $100 million.
The New York direct secondary investment specialist has nearly tripled the amount of its last vehicle.
The New York firm led by Steven Klinsky saw huge demand from LPs who amid the credit crunch ‘like our style on a relative basis more than ever’.
Investment banks Qatar Islamic Bank, QInvest and Silver Leaf Capital are reportedly raising a country fund in another Middle East fundraising development this week.
The Brussels-based trade body has unveiled a new research platform to provide “neutral, bias-free” data on private equity and venture capital activity in Europe.
Having come close to its €4 billion target, the European buyout firm is looking to wrap up fundraising by May.
The unrelenting rise of sovereign wealth and a promising outlook for MENA private equity funds were among the key talking points at PEI’s Middle East Private Equity Forum in Dubai.