Archives

Concurrent: $450 Million Team Added As RIA Platform Expands With Fehrman And Three Advisors

By Amit Chowdhry ● Feb 27, 2026

Concurrent Investment Advisors, an independent registered investment adviser platform, reported continued growth at the start of 2026, with the addition of Fehrman Investment Group and three advisors joining firms already operating under its network. The new partnerships add more than $450 million in combined assets under management, increasing Concurrent’s total AUM to $17 billion.

KORE Group: $726 Million Acquisition Deal With Searchlight And Abry

By Amit Chowdhry ● Feb 27, 2026

KORE Group, a global pure-play Internet of Things hyperscaler and provider of IoT connectivity, solutions and analytics, has entered into a definitive agreement to be acquired by private equity firms Searchlight Capital Partners and Abry Partners in an all-cash transaction valued at approximately $726 million.

Arcmont Asset Management: €1.5 Billion Raised For Capital Solutions Fund II

By Amit Chowdhry ● Feb 27, 2026

Arcmont Asset Management, a European private credit asset manager and affiliate of Nuveen, announced the final close of Capital Solutions Fund II and associated vehicles, raising approximately €1.5 billion in total investable capital. The strategy has nearly doubled in size compared to its predecessor, Capital Solutions Fund I, and attracted a diverse investor base including pension funds, endowments, insurance companies, family offices, and sovereign wealth funds across North America, Europe, and Asia.

Ascend Capital Partners: $791 Million Fund II Closed

By Amit Chowdhry ● Feb 27, 2026

Ascend Capital Partners, a healthcare-focused private equity firm dedicated to improving access, affordability, and quality of healthcare for underserved and vulnerable populations, announced the final close of Ascend Capital Partners Fund II and its parallel vehicles, with total commitments of $791 million. The fund exceeded its initial $700 million target.

Adams Street Partners: Chris Cho Named As Head Of Investor Relations In Asia

By Amit Chowdhry ● Feb 27, 2026

Adams Street Partners, a private markets investment management firm with more than $65 billion in assets under management, announced that Chris Cho, Partner, Investor Relations, has been promoted to Head of Investor Relations for Asia. He assumes the role in February, succeeding Ben Hart, Partner & Head of Investor Relations (Asia), who is departing the firm after ten years of service.

atNorth: $4 Billion Acquisition By Equinix And CPP Investments

By Amit Chowdhry ● Feb 27, 2026

Canada Pension Plan Investment Board and Equinix announced they have entered into a joint agreement to acquire atNorth, a leading Nordic high-density colocation and built-to-suit data center provider, from Partners Group. The transaction values atNorth at US$4 billion in enterprise value and is subject to customary closing conditions, including regulatory approvals.

Novacap: $3.8 Billion Closed For Seventh Technology Fund

By Amit Chowdhry ● Feb 27, 2026

Novacap, a leading North American private equity firm, announced the final close of Novacap Technologies Fund VII, with nearly $3.8 billion in capital commitments, including affiliated vehicles. The fund was raised in under a year, surpassing its $2.75 billion target by more than $1 billion amid strong global investor demand.

Carlyle: $200 Billion Inflow Target By 2028 As Turnaround Gains Traction

By Amit Chowdhry ● Feb 27, 2026

Carlyle announced new three-year financial targets as the private equity firm seeks to build on the momentum of its ongoing turnaround strategy. The company said it is aiming to generate more than $200 billion in inflows by the end of 2028 as part of a broader plan to drive sustained growth and enhance shareholder value.

Quantum Elements: Strategic Investment From Firgun Ventures To Advance AI-Powered Quantum Computing Platform

By Amit Chowdhry ● Feb 27, 2026

Firgun Ventures announced a strategic investment in Los Angeles–based startup Quantum Elements, which is developing Constellation, an AI-powered platform designed to accelerate the development of quantum computing applications. The firm said it is backing what it described as an exceptional founding team, with Dr. Chad Rigetti, founder of Rigetti Computing, serving on the company’s board. Financial terms of the investment were not disclosed.

Encord: $60 Million Series C Raised To Scale AI-Native Data Infrastructure

By Amit Chowdhry ● Feb 27, 2026

Encord announced a $60 million Series C led by Wellington Management, bringing the company’s total funding to $110 million. Existing investors Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures participated in the round alongside new investors Bright Pixel Capital and Isomer Capital.

OpenAI: $110 Billion Raised At $730 Billion Valuation To Scale AI Globally

By Amit Chowdhry ● Feb 27, 2026

OpenAI announced that it is raising $110 billion in new investment at a $730 billion pre-money valuation to accelerate its mission of bringing advanced artificial intelligence to consumers, developers, and enterprises worldwide. The company said the funding includes commitments from SoftBank, NVIDIA, and Amazon, alongside additional financial investors expected to join as the round progresses.