Industrials

American Industrial Partners (AIP) closed its Capital Fund VIII at its hard cap of $5 billion as interest in industrial-focused private equity strategies rises.

The $36 billion Texas Employees’ Retirement System in Austin made allocations spanning secondaries, credit and industrial-focused private equity totaling $294 million.

The U.S. industrial sector, experts say, now requires significant investment if it is to re-shore or nearshore factories as well as upgrade machinery to meet demand across the EV battery, chemicals and plastics and even pharmaceutical markets.

AEA Investors' latest small business private equity offering, AEA Investors SBF V, was oversubscribed at its final close with $1.3 billion in commitments.

The need to expand or “democratize” access to alternative investments has been a recurring theme -- and Hartford Funds used that refrain with the launch of its Hartford Schroders Private Opportunities Fund today.

The State of Wisconsin Investment Board (SWIB) disclosed over $1.6 billion in fresh capital commitments made in the second quarter across multiple alternative asset classes.

Angeles Equity Partners held the final close of its second fund, along with parallel funds, with over $540 million in capital commitments.

The University of Michigan endowment continues to allocate to alternative investment strategies with two recent venture capital and private equity allocations.

One Equity Partners closed a continuation fund that was co-led by AlpInvest Partners and HarbourVest Partners. The $1 billion fund will support the continued growth for two European portfolio companies -- USCO and DWK Life Sciences -- and builds upon ...

Sentinel Capital Partners closed the Sentinel Capital Partners VII and Sentinel Junior Capital II fund with a total of over $5.3 billion to invest in midmarket companies.