Canada

Carlyle has since January raised $40bn across its strategies, including private debt, up 124% year over year.

The secondary is the first for Inovia, and represents a rare instance of not only a large continuation fund process in Canada, but one that involves VC assets as well.

The CAA process was one of several large-scale deals in the secondaries market run by GPs looking to extend holds over companies held in older funds.

Harrison Street has closed its eighth real estate fund at a hard cap of $2 billion, beating its $1.5 billion target.

Secondary buyers like to see a GP using capital from a new fund to reinvest in an older portfolio company as an example of the manager’s belief in the business.

The fund made its debut platform investment, backing Creative Outdoor Advertising, a street-furniture advertising provider for local businesses in North American municipalities.

With cybercriminals constantly innovating, tech investors are assuming the worst and are looking beyond prevention to detection and rapid response.

BCI generated a one-year return of 24.4 pct on its PE investments at the end of December, compared with a benchmark of 13.9 pct.

Antares last year secured $3bn for Antares Senior Loan Fund, the Chicago firm’s first major, broadly-marketed institutional vehicle.

The Glass Lewis deal helped put PCM on the map. “You don’t often have the opportunity to acquire a global brand, especially the number-two player in a two-player market,” managing partner Faraone said.