New State Capital Partners closed a fourth small-cap buyout fund at $700 million, ahead of a $600 million target, senior principal Dave Blechman told Buyouts.
ODDO BHF Asset Management is choosing to focus on mature areas of the energy transition, in part due to the new US administration, Ferdinand Dalhuisen, managing director and co-head of private equity fund of funds, tells New Private Markets.
Copenhagen Infrastructure Partners‘ fifth flagship has crossed the €12 billion mark, not including co-investment, the GP announced last Thursday, but a final close is expected “end of April” the firm revealed in a press call on Monday. (Agri Investor)
US asset manager Aligned Climate Capital could begin marketing its first private credit fund in “a year or two” as larger firms back away from clean energy investments, according to CEO Peter Davidson. (New Private Markets)
New Mexico State Investment Council is just past the halfway point to its targeted 15 percent private credit allocation, and it’s making some sizeable commitments to get the rest of the way there. Tom Lofton, director of debt strategies at NMSIC, talked to Private Debt Investor about why asset-based lending is taking a leading role during that ramp-up.
The evolving nature of private equity valuations: The accuracy and frequency of private equity asset pricing is becoming a bigger issue for investors. (Private Equity International)
European private equity real estate firm PineBridge Benson Elliot has closed its sixth flagship fund on €500 million as it seeks to take advantage of a recovering property market. (Private Equity Real Estate)
Goldman Sachs Alternatives has raised $1 billion for a private credit strategy for climate- and environment-related businesses, the firm said. Goldman Sachs will focus the new strategy on senior loans, but it will also be able to invest across the capital structure, according to a press release. (New Private Markets)
At its 13 March investment committee meeting, the Pennsylvania Public School Employees’ Retirement System approved a $150 million commitment to I Squared Capital’s Global Infrastructure Fund II, its first commitment to private debt so far this year. (Private Debt Investor)
Following its hire of Matthew Wesley earlier this year, Moelis & Co is poaching another member of Jefferies’ secondaries team as it looks to build out its advisory strategy. (Secondaries Investor)
Evergreen vehicles will become a significant part of private markets as more institutional investors embrace the fund structure, according to Hamilton Lane. (Private Equity International)
