Track recorded fund announcements, transactions, leadership appointments and strategic developments from DataBane's published research.
Firm opened its eighth office in Abu Dhabi Global Market, expanding its Middle East presence.
Derby Lane Partners launched as a new alternative investment manager focused initially on North American commercial real estate credit. Fortress was among its strategic and/or partners. Collectively, anchor partners committed up to $1.8 billion.
Malibu Life entered into a definitive agreement to acquire TruSpire Retirement Insurance Company from Mutual of America Life Insurance Company. The transaction was intended to provide Malibu Life with a platform for direct U.S. annuity issuance, subject to regulatory approval.
Wells Fargo disclosed that its board appointed Charlie Scharf as Chairman effective October 14, 2025, and named Steven Black Lead Independent Director. The appointments were reported in the third-quarter 2025 earnings release filed with the SEC. This completed appointment is distinct from the board’s July 31 announcement of its intention to appoint Scharf.
Pathway closed a customized fund of funds for an unnamed Asia-based institutional investor. The program targets a diversified mix of primary fund commitments and co-investments in global small and middle markets. The fund and investor were not identified by legal name.
Brookfield announced an agreement to acquire the remaining approximately 26% of Oaktree not already owned, a transaction intended to increase ownership to 100%. The proposal preceded the separate July 31, 2026 completion and August 3, 2026 announcement; do not record this announcement as the deal close.
Michael Trihy, CFA, joined as Head of Portfolio Management, Venture Growth Evergreen, Private Investments, overseeing direct and secondary investment portfolio construction and capital allocation. Formerly Bow River Capital and Partners Group.
Carlyle-managed funds and Qatar Investment Authority signed a binding agreement to acquire BASF’s automotive OEM coatings, refinish coatings and surface-treatment businesses at €7.7 billion enterprise value. BASF would retain 40%. The announcement expected closing in the second quarter of 2026, subject to approvals. The value excludes the separately divested decorative coatings business.
Golub announced GP-led private equity secondaries strategy targeting sponsor-backed continuation vehicles, alongside a planned platform capital commitment. Such prospective capital is not a third-party signed LP fund commitment.
Schroders agreed to transfer its 49.9% Schroders Personal Wealth shareholding to Lloyds Banking Group in exchange for Lloyds' 19.1% Cazenove Capital stake without cash consideration. The deal ended the Schroders Personal Wealth joint venture and gave Lloyds full ownership.
Carlyle AlpInvest and CalSTRS established a partnership to pursue co-investments with sustainability and climate objectives. The partnership brings together AlpInvest’s co-investment capabilities and CalSTRS’ Sustainable Investment and Stewardship Strategies team. No capital commitment amount was disclosed.
Fortress, U.S. Immigration Fund, Cirrus Real Estate Partners and LCOR formed joint ventures to develop Brooklyn's Pacific Park, a 22-acre mixed-use site intended to deliver thousands of housing units.
Invesco and Barings launched their first jointly managed product, the Invesco Dynamic Credit Opportunity Fund. MassMutual intended to provide $650 million of initial support.
Nuveen Real Estate provided €350 million in debt financing for a premium light industrial portfolio in the Netherlands. The transaction supports high-quality industrial real estate assets and reflects Nuveen's strategy of expanding its European real estate debt platform through senior lending opportunities.
ADIA disclosed participation alongside PAI Partners and a new continuation vehicle in ice-cream maker Froneri. Individual ADIA deal amount not stated in the public announcement.
IFM announced on 2 October 2025 that it had decided to exit its Australian mid-market growth private equity strategy and focus on other global priorities. Chief executive David Neal stated that the team had achieved a 33% net internal rate of return in the growth strategy since 2019, but had not scaled it sufficiently to make the Australian strategy commercially viable for IFM. The firm said it would work with the team and portfolio companies on exits over the following four to five years in the interests of existing investors. IFM reiterated its commitment to infrastructure, debt, listed equities and real estate. The disclosed IRR relates to the strategy, not an individually identified fund, and the statement does not describe an immediate liquidation of all holdings.
Hubbell completed its acquisition of DMC Power from an affiliate of Golden Gate Capital on October 1, 2025. The transaction transferred the power-infrastructure connector and tooling business to Hubbell.
Hamilton Lane expanded its evergreen range with a new venture capital and growth fund for wealth investors.
StepStone reported first-quarter fiscal 2026 results for the period ended 30 June 2025, continuing growth across its private-markets platform.
Symmetry partnered with Russell Investments to deliver investment research and implementation capabilities.
Pathway closed a private equity fund for wealth investors focused on LP-led and GP-led secondaries and co-investments in small and middle markets. It described the vehicle as the first of an annual series, with each fund intended to be raised and invested over a one-year period. The legal fund name was not disclosed.
Carlyle partnered with BECON Investment Management to distribute three semi-liquid private-market vehicles in Latin America, excluding Brazil and Chile, and the US offshore market. The arrangement broadens access for wealth investors. No LP commitment or transaction value was disclosed.
ADIA announced an investment in a continuation vehicle involving SciClone Pharmaceuticals, managed by GL Capital. ADIA ticket undisclosed.
Dainese agreed with holders of EUR 285 million original notes and EUR 25 million additional senior secured floating-rate notes, all due 2028, to defer interest scheduled for 30 September 2025. The 26 September notice reported ongoing creditor discussions. It did not disclose deferred interest amounts or a revised payment date.
Pathway opened a Munich office through affiliate PCM Germany GmbH to support institutional clients in Germany and continental Europe. Vice President Jérôme Simon was named as the executive based in the new office.
Carlyle announced Orion Breweries’ listing on the Tokyo Stock Exchange Prime Market. The release described Carlyle’s full exit assuming exercise of the entire over-allotment option. Carlyle and Nomura Capital Partners had acquired Orion in 2019. The conditional exit wording is preserved; no realized proceeds were disclosed.
BCI's department previously called Public Markets became Capital Markets & Credit Investments effective September 23, 2025. Its September 25, 2025 announcement explained the role of the expanded platform in integrating public equities, traditional fixed income, private debt, credit strategies, liquidity and related trading functions. The change is a department naming and positioning update rather than a new corporate entity. The existing leadership team is headed by Daniel Garant, who oversees the broader capital markets and credit investment activity. Historical BCI reporting before September 2025 may continue to use the earlier department name.
Crescent provided unitranche financing for Procuritas' acquisition of Parkman, creating a new platform relationship in the Nordic market.
BCPP continued preparations for the expansion of its Partner Fund base, with additional UK LGPS Funds progressing toward joining the pool.
