The latest from private markets

Barbara Ginet was appointed Head of Treasury, Europe, strengthening European liquidity, funding and balance sheet capabilities.

Invesco remained overweight on direct lending and real estate credit, citing attractive income potential and improving transaction activity.

LaSalle acquired Red Cedar Flats, a 190-unit purpose-built student housing community near Michigan State University. Expands U.S. residential/student housing portfolio.

Third Point Ventures participated as a new investor in Pi's Series A financing of $25 million alongside Brightmind Partners and other investors.

L&G appoints Zoe Wimborne as Group Chief Risk Officer. Date: June 2026. Type: Leadership. Content: Legal & General announced the appointment of Zoe Wimborne as Group Chief Risk Officer. She joins the Group Executive Committee and will lead the firm's enterprise risk management function, strengthening governance and risk oversight across the business.

Ares Raises $12.7 Billion to Invest in Asset-Based Finance Through the Pathfinder Closed-End Strategy

Crescent closed its fourth U.S. direct-lending fund, its largest fund to date, with more than $5.5B of equity commitments and $10.8B of total investable capital including leverage and SMAs.

Vista and Cambium launched Vector Core Compute (VC2), an enterprise AI inference cloud platform designed to accelerate AI deployment for enterprise software companies. The initiative expands Vista's AI infrastructure capabilities and supports portfolio companies developing agentic AI applications.

ART announced its largest annual investment in Australian property, with A$3 billion invested over 12 months across six local funds and direct/strategic property investments, including QIC, Mirvac, Dexus, and M.H. Carnegie.

ART announced its largest annual investment in Australian property, with A$3 billion invested over 12 months across six local funds and direct/strategic property investments.

Thoma Bravo combined WWEX Group with portfolio company Auctane to create a global logistics technology platform.

CAA joined the Finance for Biodiversity Foundation and strengthened biodiversity commitment into its investment strategy.

Fourth Strategic Capital vintage closed above its €2.5–€3 B target. Total commitments across four vintages reached €8.3 B.

LaSalle sought additional capital for its evergreen U.S. Real Estate Debt Strategy after raising approximately US$700 million in commitments. Strengthens real estate debt platform and lending capacity.

Funds managed by Fortress affiliates led a group of investors that acquired IPValue Management Group, an intellectual property licensing and commercialization company.

AustralianSuper appointed Shaun Manuell as CIO, effective 01 July 2026, succeeding Mark Delaney. Manuell previously led Australian Equities for 13 years.

Russell Investments was awarded an A$8.6 billion currency overlay mandate from Income Insurance on 27 May 2026.

Mark Gray joined the ART Board and Grant Smith was appointed adviser to the Investment and Valuation Oversight Committees as part of governance succession planning.

Sarah Carney was appointed AustralianSuper's first Head of AI and Automation, strengthening the Fund's enterprise technology and investment support capabilities.

JPMAM published its updated alternatives framework highlighting diversification and potential income/alpha opportunities from private markets and alternative strategies.

StepStone reported full-year fiscal 2026 results. As of 31 March 2026, the firm was responsible for approximately $885 billion of total capital, including $233 billion AUM.

Legal & General announced that its Lifetime Advantage Funds have grown to £25 billion in assets under management while exceeding a 10% allocation to private markets. The milestone reflects the firm's strategy of increasing exposure to private market assets within defined contribution retirement solutions to enhance long-term investment outcomes for members.

Financing supported the majority acquisition of Ayesa Digital by a Basque sponsor consortium.

Varde closed its largest commercial real estate CLO to date, backed by 19 floating-rate mortgages across 24 properties.

Fortress affiliates acted as administrative agent and lead arranger on a first lien term loan supporting H.I.G. Capital's acquisition of International Aerospace Coatings.

StepStone hired Taylor Benson as Head of U.S. Defined Contribution to expand its retirement-market offering and help DC plan fiduciaries integrate diversified private-market exposure.

Siemens Pension-Trust filed its quarterly U.S. holdings report for the period ended 31 March 2026.

Vista opened a new office in Abu Dhabi after receiving authorization from the ADGM Financial Services Regulatory Authority. The office strengthens Vista's presence in the Middle East and supports investment activities across the region.

Coller partnered with Abry Private Debt on the acquisition of a $330 million private credit portfolio.

Coller became sole lead investor in Verdane's €635 million multi-asset continuation vehicle containing Arrive Group, Talentech and Pet Media Group.