North America

High-net-worth individuals eye direct investing

Beyond continued interest in traditional PE funds, high-net-worth individuals are increasingly seeking access to direct investments alongside GPs, says Lawrence Calcano, CEO of iCapital Network.

NJDOI committed $200m

The US public pension fund has backed two funds.

Private equity veteran Wilbur Ross joins Trump cabinet

WL Ross’s Wilbur Ross, who was a fervent supporter of President-elect Donald Trump during the campaign, was appointed secretary of commerce on Wednesday.

Tennessee ups targets for private equity, real estate

The Tennessee Consolidated Retirement System is betting on alternative asset strategies for long-term growth while revising its allocations to other asset classes, including equities and fixed income.

Wind Point Partners raises $434.7m

View the latest capital raises

NextGen Growth raises $26m

View the latest capital raises

First Avenue makes another North America hire

<p>Dan Rudgers will join the global placement agent focused on private funds to manage its US and Canadian business. <em></em></p>

First blockchain PE fund to launch in January

A new private equity investment platform is in final preparation for launch by blockchain entrepreneurs Jason Granger and Charlie Shrem.

L Catterton makes growth investment in Brazil

The consumer sector-focused firm invested in Grupo St. Marche, which it expects will organically grow throughout Sao Paulo and Brazil.

Playground nearly doubles target for Fund II

VC firm Playground Global, which was co-founded by Android creator Andy Rubin, raised $300m for its debut fund last year and is now targeting $500m for its second fund.