Fundraising

5AM Ventures raises $285m for fifth VC fund

The life science and venture capital firm hit its target for the fund.

Brookfield Fund IV soars to $4bn final close

Canada’s Brookfield Asset Management will increase its investment size as it smashes through its $3.5 billion target to hold a final close for its fourth flagship private equity vehicle on $4 billion. The firm said it will now pursue transactions of $200-500 million.

Brookfield closes fourth mid-market fund at $4 bln hard cap

New Jersey withdraws $100m commitment to Advent

The NJ State Investment Council decided to stop negotiations with Advent on investing $100m in Advent GPE VIII, which had no preferred return.

Inflexion boosts firepower with double fundraise

The UK firm has raised £500m for a co-investment vehicle and a lower mid-market fund in just 8 weeks.

Chart of the week: Private equity assets doubled in past decade

Partners Group fund tops $1.5 bln as leader of growing retail group

Market at a glance

Chart of the week: Private equity index 2.5x Russell 3000

Babson loan pool reaches $2 bln in active private lending year