26North has closed its inaugural private equity fund at $5.9bn, surpassing its $4bn target and marking a strong entry into the competitive fundraising market.

The oversubscribed vehicle highlights continued investor appetite for middle-market strategies, with commitments from a global investor base including pension funds, sovereign wealth funds, insurers, and family offices.

Since its launch in 2022, the firm has scaled to more than $35bn in assets under management across private equity, private credit, and insurance strategies.

The fund strategy is focused on buyouts, carve-outs, and structured equity investments across industrials, technology, media and telecommunications, and services, targeting opportunities in the middle and upper-middle market.

Josh Harris, Founder of 26North, said, “We are grateful for the trust investors have placed in us, our investment discipline and relentless focus on generating superior risk-adjusted returns.”

The fund has already demonstrated early deployment momentum, with seven investments spanning sectors such as infrastructure services, audiovisual technology, sports investing, and fitness platforms.

If you think we missed any important news, please do not hesitate to contact us at [email protected].

Can`t stop reading? Read more.