Fundraising

Wafra formed Capital Constellation in 2018 to continue its investment strategy in emerging and growth alternative asset managers.

The Madrid-based private equity firm is targeting renewable energy assets in Europe.

Vista Equity Partners VIII is seeking the third-largest amount of capital among private equity funds in market, according to PEI data.

Alongside the fund, CAI has secured over $200 million for a co-investment program, giving CAI over $1 billion in equity to deploy.

Blackstone has no near-term plans to close the fund, sources told Buyouts, and is instead expected to continue capital raising into next year.

The market has been waiting to see what kind of reception TPG’s pool would attract from LPs, being a first-time fund and a new platform for the mega-firm.

The target is $500 million, with a hard cap of $650 million.

In a third-quarter earnings call, Gerry Schwartz, who launched Onex in 1984, said he will step down as CEO following next year’s annual general meeting.

The volume of PE secondaries vehicles holding final closes between January and September this year dropped 49% year-on-year, according to Secondaries Investor data.

Global impact investing AUM has passed the $1trn milestone, but as the market grows, impact funds are having to find ways to stand out from the crowd.