Top storyVenture
Proximal Ventures raised $27.5 million for its debut fund, backing startups that use AI to transform drug development services. The firm plans to invest in pre-seed and seed-stage companies.
Altimeter is seeking $3.4 billion for its venture funds, following its backing of OpenAI and Anthropic.
Reinova's debut energy transition fund has reached $400m at first close.
LS Power agreed to acquire six natural gas-fired power-generation facilities totaling 4.9 gigawatts from NRG Energy across Connecticut, New York, Rhode Island and Texas, with financial terms undisclosed.
Aldaron closed Aldaron Fund I at its hard cap with $884 million of total commitments, including $850 million from limited partners, and $67 million of co-investment capital. Combined commitments across the fund and affiliated co-investment vehicles exceed $950 million, bringing assets under management to about $951 million.
Business Wire · also Yahoo Finance, citybiz +3
Zacua Ventures closed its $135 million Fund II, 35% oversubscribed.
Marsh agreed to acquire Wilshire, a move the headline ties to alternatives and model portfolios.
Capital closed, by asset class · Past 30 days
Largest closes
$109B · 70 closes
The largest closes for this period →
≈ converted to dollars† reports also give a higher figure; the lower is used$109B across 70 closes · 5 more reported without a size
Point at a bar for the funds in it; click to pin them.Tap a bar for the funds in it.
Stories are gathered every hour from more than 200 publications, grouped so one event is one line, and ranked by size, breadth of coverage and recency. Every headline links to its publisher.