Park Square Capital closed its latest subordinated debt fund at $2.6 billion including committed leverage.

Aurore Gauffre was named head of sustainability and impact at private markets firm CAPZA.

Apollo Global Management reported $461.1 billion AUM as of March 31, up 1.2% from Dec. 31 and up 46.1% from a year earlier.

EnCap Investments closed its EnCap Energy Transition Fund I at $1.2 billion, below its target as fundraising was stalled by the pandemic.

Paget MacColl was named senior managing director and global head of Blackstone Alternative Asset Management institutional client solutions.

Ares Management Corp. closed its latest European direct lending fund at $13.2 billion, exceeding its target and reaching its hard cap.

Adam Goodfriend joined private credit manager Metropolitan Partners Group as a managing director on the firm's investment team.

Comvest Partners closed direct lending fund Comvest Credit Partners V at more than $1.3 billion.

Alternative investment managers’ combined assets under management grew 5.1% to an all-time high of $7.4 trillion in 2020.