Fundraising

Agellus Capital Private Equity Fund I will invest in the business-to-business, non-discretionary consumer, and supply chain and infrastructure services markets.

NewSpring Mezzanine Capital V will target lower-middle market companies in need of flexible financing.

Metier Capital Growth Fund III's investors include international development finance institutions and South African financial institutions.

Bregal Sagemount Basecamp I's limited partners include institutional investors.

The firm hopes to surpass the size of its previous secondaries flagship, which closed on $22.2bn in 2023.

It could be '12 to 18 months out' before deal and exit volumes reach the levels necessary to support improved fundraising conditions, HarbourVest managing director Scott Voss told Buyouts.

At its new total, Blackstone Capital Partners IX could be only several months away from wrapping up.

It comes down to strategy, performance and the ability to return proceeds to LPs in a reasonable time frame, according to Alex Wolf, founder and managing partner of Kingswood.

CCMP IV is focused on middle-market companies in the North American consumer and industrial sectors.

In a brutal fundraising market for emerging managers, commitments from GCM Grosvenor/CalPERS and New York Common provide a leg up for Excolere’s debut vehicle, recently rolled out with a $400m target.