Fundraising

Juggernaut holds final Fund III close on $380 mln

Texas’s TRS commits $744.5m to four funds

The Teacher Retirement System of Texas’ latest investments include a $300m commitment to TPG Partners VII and a new relationship with Vista Equity Partners.

Sweetwater Capital launches with eye on separate accounts for secondaries

Abraaj banks on Turkey

The UAE-based firm is acquiring a minority stake in Fibabanka through Abraaj Turkey Fund I, which is currently closing in on its $500m target.

CalPERS, TH Lee exchange heated words over fees

Oregon commits $250m to Permira

The west-coast pension fund has made its first commitment to the London-based private equity firm.

Cerberus nears $3 bln for sixth flagship fund

Parthenon Fund V joins the $1bn club

Parthenon Capital Partners raced past its $850m target to close slightly over $1bn, making it the first Parthenon fund to do so.

ATP tops up PE programme with €700m

The giant Danish pension now has €8.4 billion committed to the asset class through ATP Private Equity Partners.

Ex-Apax execs close debut fund on €320m

Abac Capital will target mid-market opportunities in Spain.