The week in private markets data: Oct 12–18, 2026

Largest close: StepStone, $3B (interim close). 16 final closes totalling $7.9B. Largest stated deal: 11North Partners buying Hawaii retail portfolio, $155M. Each row linked to its source. From the public reporting FundOpsHQ covers, for GPs, LPs, and fund service providers.

Fund closes27$7.9B in 16 final Launches3strict subset Deals10 People moves7

Fund closes 27

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Venture & growth · 9

Fund closes: Venture & growth
Firm	Fund	Event	Size	Date	Source
OrbiMedOrbiMed US/European Life Sciences Fund; OrbiMed Asia Fund VI · Final close · Thu, Oct 15	OrbiMed US/European Life Sciences Fund; OrbiMed Asia Fund VI	Final close	$1.9B	Thu, Oct 15	Dealroom +4
Pear VCPear VC Fund V · Final close · Fri, Oct 16	Pear VC Fund V	Final close	$333M	Fri, Oct 16	AltAssets +1
Nauta CapitalNauta Capital Fund VI · First close · Thu, Oct 15	Nauta Capital Fund VI	First close	≈$66M	Thu, Oct 15	AltAssets +7
Turbine CapitalFund not named · Final close · Sun, Oct 18	Not named	Final close	≈$60.8M	Sun, Oct 18	EU-Startups +1
Antares VenturesAntares Ventures Deep-Tech Fund · First close · Wed, Oct 14	Antares Ventures Deep-Tech Fund	First close	$50M	Wed, Oct 14	TNGlobal +1
CastelloCastello Energy Transition Fund · Interim close · Fri, Oct 16	Castello Energy Transition Fund	Interim close	≈$49M	Fri, Oct 16	Dealroom
Money ForwardMoney Forward Ventures Fund III · Interim close · Fri, Oct 16	Money Forward Ventures Fund III	Interim close	$42.4M	Fri, Oct 16	Dealroom
Aum VenturesAum Ventures Fund · First close · Fri, Oct 16	Aum Ventures Fund	First close	≈$29M	Fri, Oct 16	Venture Intelligence News
Phoenix Venture PartnersPhoenix Venture Partners Innovation Fund · Final close · Mon, Oct 12	Phoenix Venture Partners Innovation Fund	Final close	$23M	Mon, Oct 12	jawlah.co +2

Private equity · 8

Fund closes: Private equity
Firm	Fund	Event	Size	Date	Source
AldaronAldaron Fund I · Final close · Thu, Oct 15	Aldaron Fund I	Final close	$885M	Thu, Oct 15	Private Equity Wire +1
Mason WellsMason Wells Buyout Fund VI · Final close · Thu, Oct 15	Mason Wells Buyout Fund VI	Final close	$833M	Thu, Oct 15	AltAssets
SprintsSprints V · Final close · Thu, Oct 15	Sprints V	Final close	≈$797M	Thu, Oct 15	AltAssets +1
Savory FundSavory Fund III · Final close · Tue, Oct 13	Savory Fund III	Final close	$202M	Tue, Oct 13	Private Equity Professional +4
SLM PartnersSilva Fund II · Final close · Tue, Oct 13	Silva Fund II	Final close	≈$165M	Tue, Oct 13	Agri Investor +1
Infinite PartnersCore Equity Fund II · Final close · Sat, Oct 17	Core Equity Fund II	Final close	≈$155M	Sat, Oct 17	Townpress Newspaper
Gaius CapitalGaius Capital Fund I · Final close · Mon, Oct 12	Gaius Capital Fund I	Final close	≈$55M	Mon, Oct 12	EU-Startups +1
IIFL Capital Asset ManagementIIFL Late-Stage Private Equity Fund · First close · Thu, Oct 15	IIFL Late-Stage Private Equity Fund	First close	≈$52.6M	Thu, Oct 15	AltAssets +11

Real estate · 5

Fund closes: Real estate
Firm	Fund	Event	Size	Date	Source
Bajaj AltsBajaj Alts Real Estate–Growth Fund I · First close · Mon, Oct 12	Bajaj Alts Real Estate–Growth Fund I	First close	≈$1.1B	Mon, Oct 12	Construction World India +10
Apogem CapitalApogem Capital Real Assets Fund IV · Final close · Mon, Oct 12	Apogem Capital Real Assets Fund IV	Final close	$372M	Mon, Oct 12	IREI +4
Continental Properties Co.Continental Properties Real Estate Development Fund IV LP · Final close · Fri, Oct 16	Continental Properties Real Estate Development Fund IV LP	Final close	$203M	Fri, Oct 16	IREI +2
Boston FinancialFund not named · Final close · Thu, Oct 15	Not named	Final close	$191M	Thu, Oct 15	IREI
AfricaWorks Investment PartnersAWIP II · Final close · Fri, Oct 16	AWIP II	Final close	$25M	Fri, Oct 16	Innovation Village

Infrastructure · 3

Fund closes: Infrastructure
Firm	Fund	Event	Size	Date	Source
BBAMIncline Aviation III · Final close · Wed, Oct 14	Incline Aviation III	Final close	$1.7B	Wed, Oct 14	Alternatives Watch +1
Sosteneo SGR S.p.ASosteneo Clean Energy Infrastructure Fund II · Interim close · Fri, Oct 16	Sosteneo Clean Energy Infrastructure Fund II	Interim close	≈$504M	Fri, Oct 16	IREI +2
RaiffeisenFund not named · First close · Thu, Oct 15	Not named	First close	≈$165M	Thu, Oct 15	Dealroom

Secondaries · 2

Fund closes: Secondaries
Firm	Fund	Event	Size	Date	Source
StepStoneFund not named · Interim close · Tue, Oct 13	Not named	Interim close	$3B	Tue, Oct 13	SecondaryLink
HgOrion 1 · First close · Wed, Oct 14	Orion 1	First close	≈$1.1B	Wed, Oct 14	WSJ +3

Fund launches 3

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Fund launches: Launches
Firm	Fund	Event	Size	Date	Source
Audax Private EquityAudax Private Equity Fund VIII · Launch · Tue, Oct 13	Audax Private Equity Fund VIII	Launch	$6.3Btarget	Tue, Oct 13	Buyouts Insider
SWBC Real EstateSWBC RE Fund II · Launch · Tue, Oct 13	SWBC RE Fund II	Launch	$200Mtarget	Tue, Oct 13	IREI +4
Finance EarthAfrica Nature Impact Fund · Launch · Tue, Oct 13	Africa Nature Impact Fund	Launch	$100Mtarget	Tue, Oct 13	Innovation Village +2

Deals 10

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Real estate · 7

Deals: Real estate
Buyer	Target	Value	Type	Date	Source
11North Partnersbuys Hawaii retail portfolio · Wed, Oct 14	Hawaii retail portfolio	$155M	Sponsor deal	Wed, Oct 14	IREI
PLife REITbuys three French nursing homes · Wed, Oct 14	three French nursing homes	≈$43M	Sponsor deal	Wed, Oct 14	IPE Real Assets
LaSalle Investment Managementbuys supermarket in Plymouth, England · Mon, Oct 12	supermarket in Plymouth, England	≈$29.8M	Sponsor deal	Mon, Oct 12	IREI +1
Infill Industrial Partnersbuys three-building industrial portfolio in Seattle market · Fri, Oct 16	three-building industrial portfolio in Seattle market	—	Sponsor deal	Fri, Oct 16	IREI
Daiken Investment Australiabuys Brisbane office building · Thu, Oct 15	Brisbane office building	—	Sponsor deal	Thu, Oct 15	IREI
Sansiri Capitalbuys Lake Como EDITION · Wed, Oct 14	Lake Como EDITION	—	Sponsor deal	Wed, Oct 14	kaohoon international +1
RAM Asset Managementbuys Sydney hospital · Tue, Oct 13	Sydney hospital	—	Sponsor deal	Tue, Oct 13	IREI

Private equity · 3

Deals: Private equity
Buyer	Target	Value	Type	Date	Source
CSL Groupbacked by ECI Partnersbuys SIMPL Wireless · Fri, Oct 16	SIMPL Wireless	—	Add-on	Fri, Oct 16	PE Hub
Capital Machinebacked by Rotunda Capitalbuys KC Robotics · Thu, Oct 15	KC Robotics	—	Add-on	Thu, Oct 15	PE Hub +1
The Knot Worldwidebacked by Permirabuys Zola · Wed, Oct 14	Zola	—	Add-on	Wed, Oct 14	PE Hub

People moves 7

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Infrastructure · 4

People moves: Infrastructure
Person	Title	Firm	Move	Date	Source
James RickertCOO, International Affairs · Mexico Infrastructure Partners	COO, International Affairs	Mexico Infrastructure Partners	Hire	Fri, Oct 16	IREI
Sofia ChahbanePrincipal – Investments · I Squared Capital	Principal – Investments	I Squared Capital	Hire	Thu, Oct 15	IREI
Kathryn LinManaging Director · Quinbrook Infrastructure Partners	Managing Director	Quinbrook Infrastructure Partners	Appointment	Wed, Oct 14	IREI
Michael FoxHead of London Office · ITE Management	Head of London Office	ITE Management	Hire	Wed, Oct 14	IREI +1

Private equity · 2

People moves: Private equity
Person	Title	Firm	Move	Date	Source
Sebastian IngerPartner · Searchlight Capital	Partner	Searchlight Capital	Hire	Wed, Oct 14	PE Hub
Duncan WoodardDirector of Operations · Shield Capital	Director of Operations	Shield Capital	Appointment	Mon, Oct 12	Shield Capital

Across markets · 1

People moves: Across markets
Person	Title	Firm	Move	Date	Source
Heather ChristieHead of UK Wealth · Apollo	Head of UK Wealth	Apollo	Hire	Tue, Oct 13	Investment Week

Sizes in US dollars; ≈ converted from another currency. A launch’s figure is its stated target. Final closes are added up on their own: a first or interim close is often the same money again. Rows are dated by their first report, Monday to Sunday, New York time.

About these rows

Every fund close we have covered since March 2026, with firm, fund, size, asset class, region, date and source. Our last source check found a field wrong in about a third of sampled rows, mostly fund names, and we fix them as they are found.
A strict subset: only reports that state a target. More as our checks allow.
Private equity, private credit and real estate acquisitions where a headline names the buyer and what was bought; 28 and 27 of 30 rows were right in our source checks.
Hires, promotions and appointments, only where a headline states the person, the exact title and the firm; 19 of 20 rows were right in our last source check.
The same rows as the data tables, fixed in one place when one is wrong. Not a census of every fund or deal.

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Also: the largest fund closes, ranked · first close and final close, defined