Fundraising

Last year, Platinum Equity closed its flagship sixth fund at $12.4 billion.

Motive's most recent private equity deal, closed earlier this year, backed Lyra, a client-servicing solution for alternative asset managers, spun out of Apollo's client services division.

CVC has disclosed the expected launch date of its next private equity behemoth. Plus: Japanese pensions pile into alts; and a flurry of senior people moves in Asia. Here's today's brief, for our valued subscribers only.

Fund IX reached its hard cap five months after its formal launch.

More capital was raised for secondaries in H1 2025 than during any other first half since the strategy’s inception.

Secondaries use is soaring as the search for liquidity intensifies.

The illiquidity of many institutional LPs is ‘scary,’ MacArthur said in a recent podcast. 'We’re not even in a recession and yet we’re hitting a number that is correlating to the worst recession in 75 years.'

There is an often-overlooked $17trn market where the mid-market and smaller managers can compete within their own weight class for retirement capital, writes Eric Satz, founder and CEO of self-directed IRA platform Alto.

Fundraising pressures, shifting fund terms and the rise of co-investments are reshaping the private funds landscape, says law firm Barnes & Thornburg.

Recent pension documents indicate the target for Adams Street Growth Equity Fund VIII has been set at $325m.