Baring Private Equity Asia closed its Baring Asia Private Equity Fund VII with $6.5 billion in capital commitments.

Embattled steel giant Thyssenkrupp narrowed the list of bidders for its elevator unit, which is expected to fetch more than $17 billion.

Larry Fink's commitment to tackling the climate crisis already seems to be a boon for his firm's environmentally friendly funds.

Louisiana Firefighters' Retirement System, Baton Rouge, named three finalists in its search for an active emerging markets debt manager.

Alberta Teachers' Retirement Fund and private equity firm AlpInvest Partners made structured finance investments in EagleTree Capital.

Siguler Guff & Co. closed its fourth small buyout opportunities fund at $1.575 billion after six months of fundraising.

Lexington Partners closed Lexington Capital Partners IX, an alternative investment fund that invests in secondary markets, at $14 billion.

HarbourVest Partners closed its latest alternative investment flagship fund, HarbourVest Fund XI, with $2.61 billion raised.

Seattle City Employees' Retirement System increased its target allocations to core fixed income, infrastructure and private equity.