Fundraising

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

The mid-market buyout firm closed on its $2.37 billion raise – slightly short of its target – after a more-than two-year marketing effort.

Buyout, growth equity, secondaries, venture capital and other PE funds had raised a total of $152bn as of March 31, up 14% from the $133bn secured a year earlier, according to PEI Group data.

Nearly half of the private equity funds that closed in the first quarter met their fundraising targets – the highest proportion in at least five years.

In the first episode of PEI’s new podcast miniseries, we unpack the key findings from our latest LP Perspectives study, revealing how investor priorities are changing.

Founder and managing partner Rob Wolfson set up Aphias last year to make control investments in lower mid-market companies in healthcare services and essential services sectors.

From a bird’s eye view, US emerging managers seem to be enjoying an early spring. But if the market for new players is coming up roses, LPs don’t seem to smell it, results of Buyouts’ Emerging Managers Survey 2026 suggest.

A live deal by Carlyle is taking the concept of structured solutions to another level.

The platform boasts an regulatory approval rate of nearly twice the industry average, division head Nicholas Galakatos tells Buyouts.