Fundraising

LPs include Mubadala Investment Co, tech investor Yuri Milner, Bolt Ventures, Boxfish Corp, Ferguson Capital II, Lakefield Enterprises III, NJF Capital Corp and RIT Capital Partners.

Summit is targeting slightly more for Fund XII compared to its predecessor, wrapped up three years ago at $8.35bn.

Aquiline Financial Services Fund V has over $2.3 billion in capital commitments while Aquiline closed on about $1.1 billion for its continuation fund.

Fund V will provide mezzanine capital to middle-market businesses, continuing its strategy from prior funds.

Separately managed accounts create 'solutions for headaches that people have', AltamarCAM CEO José Luis Molina tells PEI.

Otro will make operationally oriented control and significant minority investments in sports-related businesses and assets, sources said, targeting dealflow mostly in North America and Western Europe.

Fund I will invest in U.S.-based manufacturing, value-added distribution and industrial service businesses in the lower-middle market.

As its popularity continues to grow, the secondaries market is seeing increased levels of innovation, competition and regulatory scrutiny, say Gibson Dunn’s Shukie Grossman, Sean McFarlane and Kate Timmerman.