Fundraising

The firm said it gathered $37.3bn across strategies in the second quarter of 2021, and has raised a total of $116bn over the past 12 months.

Hamilton Lane has raised $149 million for its second impact fund.

Baird Capital has closed its second fund at over $340 million.

The firm launched a longer-hold PE strategy early this year and is readying a similar vehicle focused on core infrastructure.

Five Elms Capital invests in B2B software.

Mark Bezos, Amazon founder Jeff Bezos' brother, in 2019 established HighPost Capital, an investor in mid-market consumer-focused businesses, alongside David Moross.

The firm has added three partners and a principal across its London, New York and Dubai offices.

Former alums from Blackstone and HQ Capital plan to launch a digital fundraising platform called LUCA, which will connect alternative asset managers with Japanese investors, Private Equity International has learned.

The first half of the year saw private equity funds raise a total of $415bn thanks to a post-pandemic rebound driven by huge LP appetites for the asset class and strong deployment.

Japan represents one of the few developed markets left in which GPs can build new investor relationships on the ground floor, writes Monument Group's Japan representative Hiroshi Nishimuro.