Europe

The appointment reflects expanding demand for entrepreneurial ecosystem development and AI readiness across emerging markets.

Will we finally see a wave of IPOs this year, or will GPs have to turn to the secondaries market to deliver liquidity to their investors?

Investment from new wealth management clients at parent company Northern Trust has enabled the private equity group to continue to raise new funds of funds amid liquidity challenges.

Limited partners include AMB Holdings, Builders Vision, Cisco Foundation, Stray Works and Australian impact investing firms Understorey Ventures and Wedgetail.

With LPs such as Phoenix Insurance, Clal Insurance and Amitim Pension Funds, the fund will invest in 10-12 companies.

Fundraising for the global venture capital industry totaled $80.1bn in 2025, down 38% from the previous year, according to Venture Capital Journal research.

Artificial intelligence is becoming increasingly sophisticated as large language models are equipped with contextual reasoning capabilities.

Limited partners in the new fund include BDC Capital and Canadian Imperial Bank of Commerce and new strategic investors Caterpiller and Autodesk.

We are proud to present Venture Capital Journal’s seventh annual list of 40 Rising Stars under the age of 40.

LPs in Fifth Wall REACT include Federal Realty Investment Trust, Public Storage (NYSE: PSA), Ryman Hospitality Properties (NYSE: RHP) and Kite Realty Group Trust.