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Blackstone Strategic Partners is expected to raise at least $3 billion to buy core real estate interests at discounts to net asset value, deploying capital into data center, rental housing and industrial assets. The fund's last round closed in November 2023 with $2.6 billion in commitments.
Stage 2 Capital closed $100m across two new vehicles targeting early-stage B2B artificial intelligence companies.
Zacua Ventures closed its second fund at an oversubscribed $135m, more than double the $56m raised for its predecessor. The fund expands its focus beyond construction technology into manufacturing, energy and mining.
Blackstone is investing $1.5bn in obesity drug development alongside Pfizer.
Carlyle and SEI launched the SEI Carlyle Private Markets Fund (PRVTX), a closed-ended private markets interval fund giving wealth clients exposure to private equity, secondaries, private credit, real estate and CLOs through a single ticker. SEI, which manages, advises or administers around $2tn, will act as investment adviser.
BC Partners agreed to acquire Investcorp Credit Management BDC through BCP Investment Corporation at a 10% discount to net asset value. BC Partners manages more than $40bn in assets and over $10bn in credit.
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.
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Capital closed, by asset class · Past 30 days
Largest closes
$111B · 70 closes
The largest closes for this period →
≈ converted to dollars† reports also give a higher figure; the lower is used$111B across 70 closes · 4 more reported without a size
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