Norwest pushes deeper into AI with new $4B fund
Norwest, a firm backed solely by Wells Fargo, raised a $4 billion fund, its eighteenth and largest to date, to invest in AI across the US, India, and Israel.
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$3B
DTE Energy to sell DTE Vantage business to J.P. Morgan for $3b
DTE Energy agreed to sell its nonutility DTE Vantage business to institutional investors advised by J.P. Morgan Asset Management's global infrastructure group for approximately $3 billion.
$760M · Close
Fidelity raises $760m for second venture fund
Fidelity raised $760m for its second venture fund.
$1.6B · Close
Infranity raises €1.5bn for the fourth vintage of senior infra debt strategy
Infranity closed Vintage 4 of its senior infrastructure debt strategy with €1.5 billion ($1.7 billion) in total commitments across the fund and co-investment vehicles.
Infranity
Infrastructure Investor and 3 others
SEC Division Of Examinations Announces Fiscal Year 2027 Exam Priorities
Mayer Brown via JD Supra and 1 other
$100M · Final close
Stage 2 Capital closes $100m across two venture funds targeting early-stage B2B AI companies
Stage 2 Capital closed $100m across two new vehicles targeting early-stage B2B artificial intelligence companies.
$236M · Final close
Vine Ventures closed an oversubscribed $236 million third fund for the US-Israel Technology Corridor
Vine Ventures closed its oversubscribed third fund at $236 million, above its initial target, to invest across the US-Israel technology corridor.
This week
All events →- Phoenix Equity Partners beats hard cap with £570m Fund III close in just six months
- ICG pulls in $7.6bn as flagship fund closes at record €12bn
- BBB commits £40m to Harwood’s second SME fund
- How Jonathan Rose Companies plans to bring its affordable housing model to the UK
- Just Climate raises $540m for nature’s ‘picks and shovels’
- Apollo’s £5.7bn easyJet takeover wins shareholder approval
- KKR and RWE finalise $16bn UK offshore wind investment
- Barings to acquire Irish Residential Properties REIT for €731m
- Blackstone builds on Pfizer ties with $1.5bn obesity drug investment
- Calpers doubles investment in Grain Management spectrum deal with SpaceX
- Justin McDaniel joins Ram Realty Advisors as CFO
- CVC Capital Partners secondaries MD to join William Blair
- Former Schroders Capital chief named CEO of €40bn investment group Cofra
- Willowdale Asset Management Appoints Frank Magliocco as Board Advisor
- Argo platform company TierPoint chooses Craig Cowden as its new CEO
- CPP Investments’ private markets commitments total $13.9bn in and after FY27 Q2
- Colorado pension fund commits $240m to hedge funds amid portfolio restructuring
- Calpers commits over $4bn to private debt in Q2
- CalPERS approves $2.7bn in real estate and infrastructure commitments
- N.Y. State Common Retirement Fund makes up to $1.63 billion in private markets commitments
- Australian regulator blocks two private credit funds over investor disclosure concerns
- CalPERS, States Urge SEC To Keep Adviser Pay-To-Play Rule
- U.S. Treasury’s proposed regulations concerning Title X of the 21st Century ROAD to Housing Act: What real estate developers, investors and lenders need to know
- Corporate cop investigating $3b collapse of major Sydney builder
- Australia watchdog probes Bathla as private credit flaws persist
- Debevoise & Plimpton appoints secondaries partner
- Ultimus appoints Liz Gaffney to lead strategic partnerships and market development
- Willkie adds five partner asset management team from Hogan Lovells Cadwalader
- Greenberg Traurig recruits Osborne Clarke energy and infrastructure finance leader in London
- London firm Fladgate makes twin funds and sports partner hires
Fundraising, charted
Final closesCapital closed, by asset class · Past 30 days
Largest closes
$115B · 71 closes
- Advent InternationalAdvent Global Private Equity XI · Oct 27 · 10 sources$27B†
- BlackstoneBlackstone European Senior Direct Lending Fund IV and related vehicles (investable capital incl. leverage) · Nov 4 · 9 sources≈$15B
- DisruptiveFund not named · Oct 28 · 1 source$10B
- BlackstoneBlackstone Energy Transition Partners V · Oct 19 · 16 sources$8.7B
- IgneoEDIF IV · Nov 2 · 5 sources≈$6.8B
- PantheonPantheon Global Secondaries Fund VIII · Oct 21 · 10 sources$6B
The largest closes for this period →
≈ converted to dollars† reports also give a higher figure; the lower is used$115B across 71 closes · 4 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.
How this is counted
- In: final closes of private funds that a publication reported, with a named manager and a stated size. Rumoured and expected closes are left out until they happen.
- Out: hedge funds, continuation vehicles, CLOs, single-investor mandates and evergreen funds.
- One fund, one count: several reports of a close are joined. Where they give different figures the lower one is used (†).
- Sizes: as reported; other currencies converted to dollars (≈). 4 more closes were reported in this period without a size and are not in the totals.
- Region: where the fund invests or its manager is based, as the reports describe it.
- It counts the closes in the stories FundOpsHQ carried, since March 2026; it is not a census. Updated Nov 12, 6:43 PM ET.
By asset class
The same stories, by market- Summa co-founder eyes €275m debut fundraise for new private equity firm
- Canonicus Capital raises Rs 192 Cr in first close of Rs 500 Cr special situations fund
- Braemont Capital raises $531m-plus for Fund II
- KPS returns to packaging sector with €2.4bn MM Packaging carve-out
- Bridgepoint taps former RAF chief in €1bn defense strategy launch
- Smart Capital enters industrial venture capital with €60M Levante II fund
- Ballistic Ventures eyes up to $490m across two new cybersecurity funds
- Enza Capital reaches $21m first close for AI Africa fund
- Altimeter wants $3.4 billion for venture funds after backing OpenAI and Anthropic
- Swedish VC firm Course Corrected closes €80 million Fund II backed by EIF and pension investors
- HUK-Coburg doubles Aukera anchor to €100M in second close of €500M debt fund
- BC Partners to acquire Investcorp BDC at 10% discount to NAV
- Hayfin secures $800m for Healthcare II fund – sources
- Raft of secondaries funds contribute to StepStone’s ~$11bn raise for new vintages
- Deutsche AM holds first close of second real estate credit fund
- Tigere Property Fund eyes US$57,7m capital raise to acquire three commercial properties
- Morgan Stanley Real Estate acquires $84m Silicon Valley R&D facility
- Enverra buys Northern Virginia office campus for $42M
- Extell Acquires Air Rights to Possibly Expand Scope of 655 Madison Avenue
- Swiss Life AM nearly doubles Hanover logistics site ahead of construction
- FG targets $750m infrastructure fund with pension assets
- Reinova debut energy transition fund reaches $400m at first close
- Gore Street secures Spanish government backing for European battery storage fund at second close
- SMTB’s Fund III will target double-digit returns in pursuit of international LPs
- LS Power to acquire six natural gas power-generation assets from NRG Energy
- Arcano raises €200m for impact FoF
- Mubadala Capital acquires minority stake in $5bn secondaries manager LSV Advisors
- KKR targets 2027 launch for inaugural GP-led secondaries strategy
- Texas TRS slates $1b to real estate in October
- Fourth Extension of Compliance Date for Amendments to Form PF
- CICC targets $500m for China-focused hedge fund investment vehicle
- Life Asset Management to launch first public fund to open private strategies
- Arini founder agrees to buy £40mn London mansion as hedge fund reels
- Citadel builds 4.5% stake in Japanese railway operator Hankyu Hanshin
- Goldman Sachs and Capital Group veterans launch AI-driven hedge fund
How this page is made
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.