Private Equity

AlpInvest Partners: Over $4 Billion Raised For Portfolio Finance Platform

By Amit Chowdhry ● Apr 11, 2025

AlpInvest Partners, a leading global private equity investor and subsidiary of Carlyle, announced it has raised $3.2 billion for AlpInvest Strategic Portfolio Finance Fund II (ASPF II), inclusive of parallel SMAs and co-investments. This exceeds the initial target and more than triples the size of the previous program ASPF I.

RCP Advisors: RCPDirect V Closed At About $994 Million In Commitments

By Amit Chowdhry ● Apr 10, 2025

P10, a leading private markets solutions provider, announced today that its strategy RCP Advisors (a private equity investment firm) that provides access to North American small buyout fund managers, closed on its latest co-investment fund called RCPDirect V.

Starwood Capital Buying 11 Master-Planned Texas-Based Communities For $800 Million

By Amit Chowdhry ● Apr 10, 2025

A joint venture between an affiliate of Starwood Capital (a global private investment firm with a primary focus on real estate) and an affiliate of Land Strategies Management (DBA Starwood Land) announced that it has completed the acquisition of a portfolio of master-planned communities in Texas from Hines (a global real estate investment manager) for about $800 million.

Andros Capital Partners: Third Energy Fund Closed At $1 Billion

By Amit Chowdhry ● Apr 10, 2025

Andros Capital Partners announced the closing of Andros Energy Capital III at its $1 billion hard cap. And Fund III is the latest Andros flagship fund focused on private equity investments, credit opportunities, and direct asset-level investments across the energy value chain.

Sterling Organization Buying Rossmoor Shopping Center In California For $61.1 Million

By Amit Chowdhry ● Apr 10, 2025

Sterling Organization, a private equity retail real estate investment firm, announced the acquisition of Rossmoor Shopping Center, a 118,846-square-foot grocery-anchored shopping center located at 1900-1998 Tice Valley Boulevard in Walnut Creek, California, based within the San Francisco MSA. And the property was acquired on behalf of Sterling Organization's Sterling United Properties II (SUP II), which is a $267 million equity Fund focused on investing in stabilized grocery-anchored shopping centers. With this deal, the fund now owns 17 properties encompassing over 2.1 million square feet of GLA, primarily in major markets across the US.

Trive Capital: Fund V Closed With $2.7 Billion In Commitments

By Amit Chowdhry ● Apr 8, 2025

Dallas-based private equity firm Trive Capital announced the final closing of Trive Capital Fund V, with total commitments of $2.7 billion, exceeding its target of $2.5 billion. And Trive's predecessor program closed in April 2022 on $2 billion.

smartTrade: Strategic Investment Raised For Electronic Trading And Payments Platform

By Amit Chowdhry ● Apr 8, 2025

smartTrade Technologies (a leading global provider of multi-asset electronic trading and payments platforms) announced a strategic investment from TA Associates. At closing, David Vincent, CEO and co-founder of smartTrade, and the broader management team will invest along with TA.

Pantheon: $5.2 Billion Raised For Third Senior Credit Secondaries Program

By Amit Chowdhry ● Apr 8, 2025

Pantheon announced today the closing of a record $5.2 billion into Pantheon Senior Debt III (PSD III) and related vehicles, consisting of closed-end co-mingled funds, evergreen and rated insurance vehicles, and separately managed accounts.

Aventura Private Wealth: Space Fund 1 Closed At $9.5 Million For SpaceX-Focused SPV

By Amit Chowdhry ● Apr 7, 2025

Aventura Private Wealth announced the closing of its inaugural fund. The firm raised $9.5 million in just 9 days for a Special Purpose Vehicle (SPV) that exclusively holds shares of SpaceX, validating strong investor demand for private market opportunities in pioneering technology companies.

Crestview: Continuation Fund Closed At Nearly $600 Million

By Amit Chowdhry ● Apr 7, 2025

Crestview Partners (a leading private equity firm founded in 2004) announced closing a continuation fund that includes two Crestview Partners III investments, VA Capital Company, and ATC Drivetrain Investors / ATC Drivetrain Group, with nearly $600 million of commitments. And Apollo's Sponsor and Secondary Solutions business (Apollo S3) led the transaction with additional investments from funds managed by Hamilton Lane, the Crestview team, and others.