Fundraising

UBS clients will be able to invest a minimum of €20,000 in Partners Group's European Long-Term Investment Fund, which will invest across private equity, real estate and infrastructure.

Growth in its Asia and US buyouts funds boosted the PE giant's third-quarter earnings from its corporate private equity portfolio.

The firm saw ‘renewed momentum’ on the deal side in the third quarter, and more than $15bn of inflows across asset classes, including $2.3bn for Blackstone Growth.

Blackstone Core Equity Partners II is the largest long-term private equity vehicle ever raised, in an increasingly competitive market.

The tech investment giant said Monday it had held final closes across three vehicles, including for its flagship Thoma Bravo Fund XIV.

Private equity deals in Myanmar are rising but Delta Capital still encounters some business owners that need convincing about the strategy.

Private equity fundraising reached $348.5bn in the year to the end of September, on par with previous periods, through a much lower number of funds.

The number of funds that have closed so far in 2020 is down 50% year-on-year while the dollar value of capital raised remains steady, PEI data show.

Thoma Bravo is reportedly seeking $16.5bn for Fund XIV, which, if successful, would be at least 30% larger than its 2018-vintage Fund XIII.

KKR Asian Fund IV, which has been in market since March, is already 40% larger than its 2017-vintage predecessor.