King Street Capital Management closed its King Street Global Drawdown Fund at $1.2 billion, exceeding its fundraising target.
Heitman closed three private funds, raising about $3.15 billion in capital commitments to real estate and private debt investments.
Stonepeak has closed its first renewable energy fund, Stonepeak Global Renewables Fund, at its $2.75 billion hard cap.
Nigeria picked four asset managers to run a $37 billion fund set up to drive investment in roads, railways and power projects.
Vistria Group closed its latest middle-market buyout fund, Vistria Fund IV, at its hard cap of $2.7 billion.
Questions about who can claim ownership of track records leaves some executives without proof of investment success.
Joanna Munro was appointed CEO of HSBC Asset Management's new alternatives unit, overseeing $53 billion in AUM and advisement.
Former New Mexico PERA CIO Dominic Garcia joined CBRE Global Investors as its first chief pension investment strategist.
DWS closed its third European infrastructure fund at its $3.7 billion hard cap and ahead of its target.
Aurore Gauffre was named head of sustainability and impact at private markets firm CAPZA.
EnCap Investments closed its EnCap Energy Transition Fund I at $1.2 billion, below its target as fundraising was stalled by the pandemic.
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.
Alternative investment managers’ combined assets under management grew 5.1% to an all-time high of $7.4 trillion in 2020.
Marcus Duley was named managing director at Walker & Dunlop and will head transaction execution for real estate equity and real estate debt.
Digital Alpha Advisors closed its second digital infrastructure fund at more than $1 billion, above its initial hard cap and target.
Investors like health care because it's resilient, but there are risks, such as headline risk, to consider.
Lawmakers and plan sponsors are taking a closer look at private equity's impact on health-care providers.
Venture capital firm Cathay Innovation Partners agreed to acquire a minority stake in Spanish venture capital firm Seaya Ventures.
KKR & Co. added three former Capital Dynamics team members to increase its focus on clean energy infrastructure investing.
In partnering with Hamilton Lane, Russell Investments wants clients to understand that the deal is more than a sub-advisory relationship.
Private credit managers with the help of permanent capital, funds and co-investments, are aiming to make large bank-like loans.
Apollo Global Management and other alternative managers are pushing to expand into retail investment.
Ariel is launching a private investment firm that will focus on making middle-market companies certified minority-owned enterprises.
Fundraising in private debt, private equity and real estate fell last year, while enthusiasm for infrastructure investing grew in 2020.