Metals/mining

With Hamilton Lane as the lead investor, MiddleGround Capital raised a continuation fund with $440 million in capital commitments that will enable it to merge two metal distributor companies.

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 Washington State Investment Board (WSIB) added $1.8 billion in alternative investment mandates focused on renewable energy strategies and impact investments last month.

Alternative investment manager and seed capital provider New Holland Capital made a strategic investment in metals-focused startup hedge fund Shinfalls Commodities.

Private credit and infrastructure players closed $5.7 billion in deals on June 9-12 across the commodities, construction and mining segments. Although the private equity scene seemed quiet by comparison, we noticed several significant deals of undisclosed value. Credit: $4.4 billion ...

Private Equity Insurtech-focused venture capital firm IA Capital Group announced a promotion and two hires. Christy Lane, formerly an advisory partner, joined the firm's core team as a venture partner. Bob Sollmann and Dave O'Brien joined the firm as advisory ...

June started out with a big day for take-private transactions and a total of about $2.7 billion in newly announced private market transactions.

An infrastructure deal involving BlackRock topped the list of private market investments we tracked from May 26-30. France's Ardian and a fund based in the Middle East accounted for two other significant deals as international activity picked up the slack ...

The $35 billion Texas Municipal Retirement System (TMRS) in Austin allocated $400 million of additional capital to alternatives, internal records show.

The Washington State Investment Board (WSIB) made key allocations to private equity, tangible assets and private credit following recommendations from the $152 billion fund’s private markets committee.