Top storyHedge funds
Quant hedge fund to spin out of Tudor in record $9bn launch
A quant hedge fund is set to spin out of Tudor in a launch reported at $9bn, described as a record.
$9B · Launch
FundOpsHQ — fund news, events and the FundOps Daily newsletter
- Nov 2 · New YorkILPA Institute GP Programming: Optimizing Your LP Engagement (New York)
- Nov 3–5 · Amelia Island2026 Florida ACG Capital Connection
- Nov 4 · BostonK&L Gates Asset Management and Investment Funds Conference Series — Boston
- Nov 4 · New YorkThe 2026 Private Markets AI Summit
- Nov 8–11 · NashvilleComplyConnect 2026
Biggest raises
Past 7 days$43.4B in 18 final closes
Full league table →- 1Final close$27B†Advent InternationalThe close
- 2Interim close$20BClayton, Dubilier & RiceCD&R Fund XIII
- 3Final close$10BDisruptiveDisruptive flagship fund
- 4First close$8BAres ManagementAres Senior Direct Lending Fund IV
- 5First close$5BTPGTPG Fund V
$43.4B in 18 final closesFull league table →
Top stories
$10B · First close
OpenAI slashes funding target by US$10 billion amid tech rout: FT
OpenAI has cut its latest funding round target by $10 billion to about $20 billion, with a desired valuation of $1.25 trillion, according to the FT. A UAE investor consortium including MGX is expected to be the largest participant, with Founders Fund, Coatue, Sequoia and Andreessen Horowitz also expected to take part.
$150M · Raising
Lantern, Fortress Raise $150 Million for Bluejack
Lantern and Fortress raised $150 million for Bluejack.
$1.1B · Final close
Inside Acore’s wealth channel expansion
ACORE launched Acore Capital Wealth Solutions to give wealth investors access to institutional-quality real estate private credit and equity. ACORE also closed its second opportunistic credit fund on $1.1 billion.
ACORE
PERE · also Alternative Credit Investor, AltAssets +6
Launch
Taiwan Semiconductor Manufacturing (TSM) Draws New Sunbelt Real Estate Fund Around Phoenix Fabs
ICM Asia and Concord Capital Management launched a U.S. Sunbelt industrial real estate fund targeting warehousing and industrial facilities tied to semiconductor manufacturing in Phoenix and other Sunbelt markets.
CAPTRUST strengthens Pacific Northwest presence with Pacific Sage Partners
CAPTRUST has acquired Pacific Sage Partners to strengthen its presence in the Pacific Northwest.
$7.6B
Thrive Holdings agrees $7.6bn ADT acquisition
Thrive Holdings agreed to acquire home security provider ADT in a $7.6bn all-cash transaction at $10 per share, a premium of nearly 46%. Funds managed by Apollo Global Management affiliates are providing financing, valuing ADT at $15.3bn including debt.
Private Equity Wire · also TechCrunch, Global Legal Post +1
- Cabinet approves Rs 10,000 crore Startup India Fund of Funds 2.0 to boost venture capital ecosystem
- TPG beats target, closes debut Asia mid-cap fund at $1.3B
- Digital Realty sets new $3.5bn target for core debut fund
- Private Department of Sheikh Al Nahyan launches LNG fund
- China Merchants Securities to Launch RMB5 Billion AI Industry Private Equity Fund
- PAG to buy 51% stake in Evergrande Property Services for $514 million
- Asian Private-Equity Firm to Buy Beleaguered China Evergrande’s Property-Management Arm
- Gencom-Led JV Buys InterContinental in Downtown Miami for $300M
- INVL fund’s portfolio company Galinta to acquire Estonian cereal producer and owner of the Baltix brand
- Acuity agreed to acquire Parameter Technologies, a data center leak detection and battery monitoring maker
- Insurers, pension capital are key to private credit’s next phase: Nippon Alts’ new CEO Aashwin Duggal
- Harraden Circle hires King Street veteran to launch opportunistic strategy
- Davidson Kempner targets UK pension market with new superfund platform
- Mubadala Capital dealmaker to launch his own venture fund
- Brookfield hires former KKR team to lead net-lease expansion
- Oklahoma Teachers commits $1.1 billion to investment-grade private credit
- New Mexico SIC deploys $700m across real estate and infrastructure funds
- New Hampshire Retirement System makes $125 million in private market commitments
- Illinois TRS assigns $1.3bn, plans more than $1bn in private debt pacing
- N.J. Pension Fund commits up to $400 million to private markets
- SEC Fines Adviser Over Conflicts Of Interest, Disclosures
- The Rule That Never Caught a Crook: The SEC Moves to Repeal the Pay-to-Play Rule
- Control Agents In The Spotlight: CSSF FAQ Sets Out The Rules For DLT-Based Fund Tokenisation In Luxembourg
- Senate Democrats target private equity in potential affordability probes
- September 2026 – October 2026: EU/UK Regulatory Round-Up
- Gibson Dunn set to hire 40-strong Weil funds team in London
- Kirkland Recruits Boston Secondaries Partner From Ropes & Gray
- Formidium buys Ci Fund Services for a Luxembourg base in Europe
- Standard Chartered Enhances Fund Finance Capabilities in North America With Appointment of Robert Cammilleri
- Gen II relocates senior fund services director to Guernsey
By asset class
The same stories, by market- CD&R raises $20bn towards $26bn flagship buyout fund target
- Rhône spin-out hits €650m first close for second fund
- Industrial gas firm's valuation triples on semiconductor boom, drawing global investors
- Lightspeed said to surpass $750m fundraising target for AI buyout strategy targeting up to $1bn
- TPG holds first close on $5bn for fifth flagship fund
- BackingMinds raises €50m for Fund III, focused on Nordic start-ups
- RedBird, Sound Ventures form $1bn VC partnership
- Kenafric Tests the Corporate VC Playbook for African Consumer Startups with $10M Fund
- Former Sequoia India Partners Launch Mettle Capital with $350 million Fund
- 33N Ventures launches €200 million fund focused on AI, cybersecurity and defense technology
- TVS Capital Funds expands into private credit with launch of TVS Alts; targets Rs 750 crore fund
- Cascador & Sterling Bank Launch USD 200 M SME Credit Backstop Fund
- Ares eyes record fundraising year after $31bn third-quarter haul
- Barings, CounterpointeSRE fund $214m construction package for Washington, D.C. mixed-use project
- Locust Point lines up nearly $200m in commitments for seniors housing fund
- Tritax London Logistics Fund raises $533m in equity
- Griffin Capital fully subscribes $23.5m build-to-rent DST in Jenks, Okla.
- Phoenix Property Investors nears Fund VII final closing
- Contrada launches U.S. housing special situations investment manager
- Genesta trades independence for scale amid ‘tough times’ for real estate
- Amber Infrastructure Targets Small, Ready-to-Build Projects in Ukraine
- Five Point Infrastructure increases fund target to $4bn after five-month haul
- Foundation Credit beats $500m target for infrastructure debt fund in wake of New Holland majority buyout
- Stonepeak closes BMO equipment finance carve-out, launches Longview
- Let’s make a deal: Billions of dollars change hands in the U.S. oil and gas sector
- Kalshi Raised $1 Billion at a $40 Billion Valuation in a Round Co-Led by Sequoia and Wellington
- Hedge fund Arini sells $800 million in debt as losses mount - WSJ
- Treasury announces first Outbound Investment Security Program penalty for failure to notify
- Korea Investment Launches Feeder Fund Into Morgan Stanley's $12.2 Billion Equity Fund
- Situational Awareness targets $40bn Fluidstack valuation months after near-collapse
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.