Sumeru Equity Partners (Sumeru), a leading technology-focused growth capital firm, today announced the closing of Sumeru Equity Partners Fund IV at the hard cap with $1.3bn in total capital commitments. The total amount raised significantly exceeded Sumeru’s $1bn...
Private equity firm Carlyle Group said on Thursday it has invested $350m to acquire a majority stake in renewable energy developer Aspen Power Partners LLC. Carlyle said its investment will fund the expansion of Aspen Power, which is aiming to acquire renewable energy...
Allianz Global Investors on Wednesday said it is looking to raise $1bn for its third blended finance debt fund, a mix of concessional and institutional capital seen as a crucial route to scaling up private investment in emerging economies. Blended finance is likely to...
Wafra Inc, an investment firm backed by Kuwait’s public pension fund, said on Monday it has raised $1.5bn for its fourth flagship fund that will acquire minority stakes in alternative asset managers such as private equity firms. The new fund, Constellation...
Align Capital Partners is pleased to announce the closing of its third private equity investment fund, Align Capital Partners Fund III. ACP began fundraising in September 2022 with an initial target of $550m of limited partner commitments. With the support of existing...