The latest from private markets

Lindsay Creedon was appointed Head of Private Equity effective 01 January 2026, succeeding Scott Hart in the role while Hart continued as CEO and remained on the Private Equity Investment Committee.

BCPP reported progress on its £18 billion private markets programme and highlighted additional commitments across infrastructure, private equity and private credit.

JPMAM's Private Equity Group closed its second dedicated co-investment fund at $1 billion, above its $750 million target. The strategy focuses on small- and middle-market buyouts.

IFC committed $60 M to Everstone Capital Partners V and could provide up to $40 M in co-investment capital.

StepStone Real Estate increased the SREP V GP-led secondaries program to $5.3 billion, including additional discretionary co-investment commitments.

Alexander Waller joined Impact Lending; Imo Strzyczyk joined Capital Solutions; Greg Varympopidis joined NAV Financing.

New Jersey's November portfolio report showed the $500 M Series D commitment to Capula Tail Risk Fund.

Pershing Square continued preparing its U.S. investment platform ahead of the eventual Pershing Square USA public listing and broader permanent capital structure.

New Jersey proposed an additional investment of up to $500 M in Capula Tail Risk Fund after an initial $100 M commitment in July 2025.

StepStone opened its first physical office in the Middle East after receiving a Saudi Capital Market Authority license, expanding its regional institutional-investor presence.

The firm appointed Jeff Levin and Kunal Soni as partners to expand its private credit investment platform.

Pemberton priced its fourth Indigo CLO and second CLO of 2025.

Lone Pine launched a concentrated long-term equity strategy seeded with $500 M of firm capital, targeting a maximum of 20 stocks and five-plus-year holding periods.

ART announced leadership changes, including the appointment of Kathy Vincent as CEO.

Crescent hired Juan Grana to lead Bank Capital Solutions and Doran Chernichen as Managing Director, establishing a dedicated team focused on the significant middle-market transfer market.

Fortress appointed Rob Brindley as Managing Director in its European Client Product & Solutions Group, with responsibility for fundraising relationships with UK pensions and consultants.

Following completion of the combination with Malibu Life Reinsurance SPC on 12 September 2025, Third Point Investors Limited changed its name to Malibu Life Holdings Limited. The transaction represented a major strategic transition from an investment trust structure toward an insurance/reinsurance platform.

ART announced a target to deploy at least A$2 billion by 2030 into investments seeking measurable positive social or environmental outcomes alongside financial returns.

Pemberton reached its target final close for its first NAV Financing Core Fund. NAV + GP Solutions assets raised reached €12.7 B.

Fortress appointed Shara Wallace to lead Private Wealth Solutions distribution across the Central U.S., expanding relationships with wirehouses, RIAs and private banks.

Varde raised a fully subscribed fund to extend its investment in Spanish residential developer Via Célère.

LaSalle's open-ended Real Estate Debt Strategy attracted approximately US$700 million in capital commitments. Significant growth in private real estate debt business.

Crescent launched a dedicated GP Financing Solutions strategy providing non-dilutive capital to private equity sponsors, supported strategically by Sun Life.

Eneasz Kadziela joined in July 2025 from New York City Retirement Systems and focuses on GP relationships and private capital opportunities in North America.

Introduced the UK-domiciled Aegon Global Income Fund, targeting premium dividend income and long-term capital appreciation using Aegon AM's established global equity income strategy.

Announced enhancements to its natural capital investment platform by integrating carbon-credit opportunities across selected timberland portfolios.

Launched the Aegon Capital Call Finance Fund, a Luxembourg RAIF providing institutional investors access to global capital call finance opportunities, building on €84 billion of alternative fixed income capabilities as of 31 March 2025.

Launched the second vintage of its infrastructure investment strategy for institutional investors, expanding its private markets platform focused on core infrastructure assets.

Thoma Bravo completed fundraising for Credit Fund III, bringing total available capital for its credit platform to US$3.6 billion.

Nicolas Glauque became Managing Partner while Andrew Spokes became Executive Chair.