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Ballistic Ventures is seeking $490 million across two new vehicles, a $360 million flagship fund and a $130 million second fund, according to regulatory filings. The cybersecurity-focused firm is led by Ted Schlein, a former Kleiner Perkins partner.

Churchill Asset Management reached a $1.54 billion final close for Junior Capital Opportunities Fund III, beating its $1 billion target and more than doubling the $737 million raised by its predecessor. Around $665 million came through rated feeder structures for insurance investors.

Prologis completed a US$71.8 million at-the-market equity sale and filed for a US$5 billion follow-on offering of common shares.

Blackstone Credit & Insurance funds and four Canadian institutional investors agreed to invest $3.1 billion for a 49.9% non-controlling interest in a Mitsubishi subsidiary holding Mitsubishi's 15% stake in LNG Canada. Goldman Sachs was lead structuring agent and financial advisor to Blackstone.

Millennium has withdrawn more than $1.5bn in leveraged capital from Troluce Capital Advisors ($1bn+) and Axebrook Capital ($500m) following losses at both firms. Millennium, a $95bn-plus hedge fund, recorded an 8.1% gain for the year through September.

Brookfield Asset Management and CPP Investments have completed the all-cash acquisition of LXP Industrial Trust at about $5.2 billion including net debt and preferred equity, with shareholders receiving $61.20 per share. LXP has been delisted from the New York Stock Exchange.