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Designed for investment sales professionals and fundraisers, we deliver the insights you need to navigate the evolving landscape, track major investor activity, and identify new opportunities.
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Institutional Investor News
Institutional activity continued with new allocations and consultant decisions. Texas CDRS committed $190M to Penfund and Enhanced Healthcare, and Sacramento County added $75M to NGP Royalty Partners III. VCERA approved a $225M PE pacing plan and committed $38.1M to two buyout funds. San Diego County rehired Aon as general consultant, and University of Utah GCPF appointed Cynosure as OCIO. UK Treasury is pushing forward a plan to create pension “megafunds” aimed at increasing domestic investment.
RIA & Wealth Channel News
In M&A and advisory moves, Cary Street Partners sold a majority stake to CIVC Partners. Founders of Atria Wealth announced departures from LPL post-acquisition. A former Janney team launched SoundRidge Private Wealth under Wells Fargo FiNet, and UBS added a $85M advisor in Montana. Oak Group acquired Bahamas-based Amber Trust, expanding its UHNW reach.
Private Fund News
Private fundraising remains robust. Founders Fund raised $4.56B for Growth Fund III, and Morgan Stanley closed its co-investment fund at $2.3B. ABC Impact topped $600M, and StanChart launched a sports-focused alternatives fund. Other updates include Permira’s $404M CLO, L&G and NTR’s €607M clean power fund, GEM’s $450M independent sponsor fund, and Peakline’s $300M BTR fund. Eagle Venture closed an $18M fund targeting anti-trafficking technologies.
Other News
Bayview Asset Management launched a Fund Finance unit, led by Michael Timms and Colin Doherty, to expand its asset-based finance offerings. Also in the news, GCM Grosvenor upsized its JV with Urban Standard Capital to $135M. Reports indicate CVC Capital is eyeing Golub Capital, and HSBC is exploring partnerships to enter private credit.
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