North America

Pamplona closes $1bn tech fund

The firm has launched its first sector specific vehicle that will invest in high-growth companies.

Apollo Investment Fund VIII is about 50% deployed

The firm, which posted a loss in the first quarter, had one of its busiest capital deployment quarters ever.

First Reserve to acquire power transmission asset

First Reserve will acquire a subset of Crompton Greaves’ international power transmission and distribution division to be known as Pauwels.

TPG Fund VII scores $10.5bn

TPG has reached final close on its latest flagship vehicle drawing commitments from both returning and new investors.

GPs may unknowingly already be impact investors

Without changing their investment strategies, PEF Services’ clients started tracking data surrounding ESG and learned something new.

Pennsylvania retirement system names new CIO

Bryan Lewis, currently executive director of the Illinois State Universities Retirement System, will succeed Thomas Brier at PA SERS.

Antares makes healthcare key part of growth strategy

The CPPIB-owned lender, which has big growth plans, intends to raise its loan hold size and ramp up its back office operations.

CVC and Lee to seek settlement in private mediation

In a recent court filing, both parties indicated that they have agreed on a mediator and are eyeing June or July for a mediation to take place.

Heritage Group closes second fund on $220m

Healthcare Innovation Fund II is larger than its target by $20m and its predecessor by $50m.

CalPERS makes first direct investment in US transport

IFM has sold a 10% stake in the Indiana toll road to the US pension and an undisclosed stake to Allstate.