Fundraising

The move by the asset management giant, which has around $603bn in insurance AUM, reflects a global trend among GPs.

Fund II’s limited partners included pension plans, insurance companies, family offices, funds of funds, foundations, endowments, and asset managers.

KPEIF III is focused on acquiring and developing large-scale oil and natural gas assets.

Aerospace Leasing Fund II’s limited partners include public and private pensions, family offices, and endowments.

NICP IV is Northleaf’s largest infrastructure vehicle to date.

Headquartered in San Francisco, VMG targets consumer brands.

The fund's target is $1bn larger than TPG's previous flagship's raise, but sets a more conservative aim than TPG Partners IX's $15bn target.

Buyouts is tracking around 50 'most interesting' emerging manager firms, including many first-time GPs, seeking LP capital this year.

New Peak's formation comes two months after Monument shut down its Asia-Pacific fundraising efforts in Hong Kong.