Town Lane held a final close on its Real Estate Opportunities Fund II at its $1.9 billion hard cap, up from $1.25 billion for Fund I in 2024. The fund surpassed its $1.5 billion target over the summer.
Bain Capital is set to retain its roughly 40% stake in Surgery Partners as Bon Secours Mercy Health nears a take-private at about $20 per share, valuing the company near $6 billion including $3.5 billion of debt.
Cantor Fitzgerald Asset Management and Lincoln Energy Partners launched the Cantor Fitzgerald Energy Fund, a continuously offered interval fund investing in U.S. oil and gas interests. Its portfolio spans about 3,000 wells and more than 200 operators.
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