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Cornell Capital Partners II has already made three investments, representing roughly a quarter of its portfolio, founder Henry Cornell told PEI.

The tech-focused investor is expected to hold the final close on Saturn 3 by next quarter and is seeking €5.5bn for its latest mid-cap vehicle.

The mid-market firm has secured its first-ever ESG-linked capital call facility to finance Inflexion Buyout Fund VI.

The US pension wants to utilise co-investment opportunities and seeks to deploy nearly $1.28bn via the strategy over the next three years.

MidEuropa, Partners Group, European Investment Bank and others say valuations of underlying companies could be affected.

IMM will consider raising up to $600m for its debut Korea Battery & ESG Fund dependent on investor demand, PEI understands.

Private equity recorded its best performance last year for the €60bn Swedish insurer ahead of a year when returns will be ‘challenging’ to replicate, its senior portfolio manager tells PEI.

The mid-market firm plans to back about 20 companies in Northern Europe with its IK X Fund, US pension documents show.

Private equity is the best-performing asset class for the €67bn Finnish pension fund, which says it is challenging 'old business models'.

Recent SEC proposals could upend practices that have been 'widely accepted for decades in the PE industry', says Morgan Lewis partner Jedd Wider.