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...
Providence Real Estate, a Wilmette, IL-based multifamily owner-operator, has closed its most recent private equity fund, the Providence Multifamily REIT and its affiliated entities. The fund raised approximately $85 million in commitments from investors throughout the...
New York-based private-equity firm Apollo Global Management has chosen Anchorage Digital to be its custodian for crypto assets, according to a press release on Monday. Anchorage, which became the first federally chartered crypto bank in the U.S. last year, said it... 