Buyout

26North had $31.8bn in assets under management as of September 2025, according to the firm.

Public pension funds were the most active in reducing their exposure, with almost a third scaling back their allocations, according to PEI's full-year 2025 Investor Report.

Opened late last year, Bregal Sagemount V has a $3.5bn hard-cap, according to pension board documents issued this week.

Large LP organizations have become increasingly vocal with concerns about the rise of private wealth and the potential of retail capital flooding the industry.

Second fund saw particularly strong support from existing Asia-based investors, CIO tells Buyouts

This marks the third year in a row that SBCERA has increased its pacing to private equity, with board members concerned that the move wasn’t responding to macroeconomic shifts.

Hopu Master Fund III closed on the equivalent sum in 2018, according to PEI data.

Some 2,288 funds gathered $735bn between them in 2025, marking the second consecutive yearly slump in capital raising for the asset class.

The raise comes at a challenging time in the private equity fundraising market, especially for newer managers.

Institutional investors share their insights on private equity trends for the year ahead with PEI.