Five Arrows

Montana Board of Investments, which oversees $32 billion, committed $310 million across four funds in real assets, real estate, and private investments.

Clipway, founded by Ardian veterans, closed a $6.4 billion debut secondaries fund, which the firm bills as the largest inaugural raise in the sector’s history. Here’s a look at the U.K.-based firm’s history and the LPs backing it.

The $14 billion New Hampshire Retirement System committed $100 million to two funds in May, according to recent meeting materials. The Concord-based pension fund reported overall gains of 15.87% for the year through April 30. Private equity and credit strategies ...

Lone Star Funds agreed to sell a Japanese structural products maker in a deal valued at about $519 million, while I Squared Capital committed $300 million to launch a renewable energy platform targeting Australia and New Zealand.

GTCR completed its sale of Worldpay to Global Payments in a $24.3 billion transaction, while Arlington Capital Partners made its first investment from a recently closed $6 billion fund. Other activity we tracked this Monday includes exits by DC Capital ...

Happy Friday! The week comes to a close with two PE deals and the acquisition of a Chicago landmark.

The week in private capital activity kicks off with acquisitions, exits, and financings involving Comvest, Audax, Ares, Argyle, Apollo, Goldman Sachs Alternatives, and more.

Here's our daily private capital dealmaking roundup, featuring investments from Ardian, PSG, Five Arrows, Sculptor Real Estate, Copenhagen Infrastructure Partners and more, with transactions across sectors including edutech, biotech, energy, and renewables.

TA Associates and Five Arrows acquired U.K. healthcare software provider Agilio with funding from Golub Capital; August Capital notched an exit.

Washington, D.C.-based ABS Capital completed a GP-led secondary transaction and first continuation fund centered around two of its portfolio companies, LabConnect and Viventium Software. The transaction totaled approximately $200 million.