Fundraising

Launched in mid-2024, AUA Private Equity Fund III has so far secured $241m, pension documents said, and is expected to wrap up sometime this year.

Fund I’s limited partners include pension funds, insurance companies, asset managers, foundations, endowments, family offices, and high-net worth individuals.

Fund III’s limited partners include endowments, charitable foundations, public pension funds, global financial institutions and family offices.

The lower mid-market GP is aiming to improve on its $250m raise from 2020, this time targeting $300m.

The firm closed $525 million for its third special opportunity fund and $500 million for its second digital infrastructure fund.

The global fundraising market saw its most muted first half since the covid-19 pandemic with $383.6bn raised in H1 2025, according to PEI data.

Co-CEO Marc Lipschultz said ‘we plan to be the leader’ in GP-leds during the firm's July 31 Q2 conference call.

KKR has tempered expectations around the speed at which private markets firms will unlock 401(k) capital at scale. Plus: Ares looks set to close its latest buyout fund at just over half the size of its predecessor. Here's today's brief, for our valued subscribers only.

The fundraising brings Dextra’s total assets under management to about $5 billion.

The fundraising brings Silversmith’s total capital commitments to over $5 billion.