Fundraising

Altair Industries is raising its debut fund. The firm is led by two former Stellex Capital Management executives, who left the firm last September.

The firm’s secondaries platform crossed the $100bn AUM milestone in the first quarter, president and COO Jonathan Gray said on a Q1 2026 earnings call.

The firm held a 'record' first close for WestCap Strategic Operator Fund III during Q4 2025, sources tell Buyouts, backed by a mix of new and existing LPs.

After a surge in interest around the covid-19 pandemic, it has been a mixed picture for life sciences and biotech-focused PE fundraising and capital deployment.

EQT Private Capital Asia returned $14bn to investors in 2025 alone, deputy co-head of private capital Asia Hari Gopalakrishnan tells PEI.

'Court Square has sent back $7.4bn to its LPs since 2022, the year the Fed began raising rates,' president and managing partner Chris Bloise tells Buyouts.

Buyouts reported several items of good news in its Q1 report on private equity fundraising in North America that could portend important consequences for the industry down the line.

The firm launched its inaugural fund in late 2023, and nearly doubled its size since its second close in early 2025, according to PEI Group data.

US managers are increasingly looking to apply their expertise in Europe as appetite for defence investment spreads in the region.