League tables

The largest fund closes across private markets, ranked by size. Every row is a close a publication reported, and links to that report.

Largest closes · Past 90 days

262 closes · $351.7B

#	Manager and fund	Size	Market	Reported	Source
1	Francisco PartnersFinal close	$21B	Private equity	Jul 23	AltAssets 3 sources
2	KKRKKR Infrastructure Fund · Final close	$19.2B	Infrastructure	Aug 3	Reuters 10 sources
3	Intermediate Capital GroupICG Europe Fund IX · Final close	≈$13.2B	Credit	Sep 9	Alternative Credit Investor 3 sources
4	Ares ManagementPathfinder III · Final close	$12.7B	Credit	Aug 11	Alternative Credit Investor
5	Blue OwlFinal close	$10.6B	GP stakes	Jul 30	Private Equity International 2 sources
6	PermiraPermira Fund · First close	≈$10.3B	Private equity	Sep 8	WSJ 2 sources
7	Goldman Sachs AlternativesWest Street Capital Partners IX · Final close	$9.6B	Private equity	Sep 15	Private Equity Wire 6 sources
8	Andreessen HorowitzAndreessen Horowitz Growth Fund V · Interim close	$8.5B	Venture & growth	Aug 31	TechCrunch 3 sources
9	Energy Capital PartnersEnergy Capital Partners Fund VI · Final close	$8.1B	Infrastructure	Aug 7	AltAssets
10	KKRKKR Asia-Pacific Infrastructure Fund III · First close	$6.6B	Infrastructure	Sep 10	Infrastructure Investor
11	ClipwayClipway Secondaries Fund I · Final close	$6.4B	Secondaries	Jul 21	Bloomberg 11 sources
12	ArctosArctos GP Solutions Fund I · Final close	$6.2B	GP stakes	Jul 7	Pensions & Investments 8 sources
13	Bessemer Venture PartnersBessemer Venture Partners growth fund · Final close	$5.8B	Venture & growth	Sep 28	AltAssets
14	Tikehau CapitalEuropean Direct Lending Fund VI · Final close	≈$5.7B	Credit	Jul 24	Alternative Credit Investor 5 sources
15	BridgepointBridgepoint European Direct Lending Fund IV · Final close	≈$5.6B	Credit	Aug 3	Private Equity Wire 5 sources
16	Partners GroupPartners Group Infrastructure Secondaries · Final close	$5.5B	Infrastructure	Jul 20	Pensions & Investments 9 sources
17	Audax Private DebtFund III · Final close	$5.4B	Credit	Sep 30	AltAssets 8 sources
18	Manulife I ComvestFund VII · Final close	$5.4B	Credit	Aug 3	Private Debt Investor 3 sources
19	PSG EquityPSG Europe III · Final close	≈$4.8B	Venture & growth	Sep 15	Private Equity Wire 4 sources
20	HarbourVest PartnersHarbourVest Global Co-Investment Fund · Final close	$4.8B	Private equity	Jul 10	Private Equity Wire 4 sources
21	Ares ManagementFund I · Final close	$4.2B	Credit	Oct 1	Bloomberg 4 sources
22	Jefferies Credit PartnersFund I · First close	$4B	Credit	Sep 9	Alternative Credit Investor 5 sources
23	AresFifth Japan Logistics Real Estate Development Fund · Final close	≈$4B	Real estate	Aug 30	Financial Times 10 sources
24	Cheyne CapitalCheyne Real Estate Credit Holdings (CRECH) IX – Capital Solutions · Final close	≈$3.3B	Credit	Sep 23	Alternative Credit Investor 4 sources
25	CVC Capital PartnersCVC European mid-market buyout fund · Final close	≈$3.3B	Private equity	Jul 6	Private Equity Wire 2 sources
26	PantheonFinal close	$3.2B	Private equity	Jul 30	AltAssets 4 sources
27	Wind Point PartnersWind Point Partners XI · Final close	$3.2B	Private equity	Jul 29	AltAssets 4 sources
28	Kingswood Capital ManagementKingswood Capital Opportunities Fund IV · Final close	$3.1B	Private equity	Jul 31	AltAssets
29	Siguler GuffSmall Buyout Opportunities Fund VI LP · Final close	$3B	Private equity	Sep 17	Private Equity Professional 3 sources
30	CIPGrowth Markets Fund II · Final close	$3B	Infrastructure	Aug 14	Infrastructure Investor 5 sources
31	Warren Equity PartnersWarren Equity Partners Fund V · Final close	$2.8B	Private equity	Jul 13	Private Equity Wire 5 sources
32	GoldenTree Asset ManagementPrivate Credit Fund II · Final close	$2.8B	Credit	Jul 20	Alternative Credit Investor 5 sources
33	Adams StreetAdams Street Fund 8 · Final close	$2.7B	Secondaries	Aug 4	Secondaries Investor
34	CinvenCinven Strategic Fund 2 · Final close	≈$2.5B	Private equity	Sep 8	AltAssets 3 sources
35	EurazeoEurazeo Direct Lending Fund VI · Final close	≈$2.5B	Credit	Aug 18	Private Debt Investor
36	EurazeoEurazeo Fund V · Final close	≈$2.5B	Secondaries	Jul 6	Secondaries Investor 3 sources
37	AzoraAzora Southern Europe Fund · Final close	≈$2.3B	Real estate	Sep 30	PERE
38	AxcelAxcel Fund VIII · Final close	≈$2.3B	Private equity	Sep 2	AltAssets
39	CarlyleCarlyle Infrastructure Credit Fund II · Final close	$2.3B	Infrastructure	Sep 15	Alternative Credit Investor 3 sources
40	G SquaredFund VII · Final close	$2.3B	Secondaries	Aug 5	Secondaries Investor 4 sources
41	Oaktree Capital ManagementOaktree Asset-Backed Finance Fund I · Final close	$2B	Credit	Oct 1	Alternative Credit Investor 3 sources
42	NIIFNIIF Second Infrastructure Fund · First close	$2B	Infrastructure	Aug 31	Infrastructure Investor 25 sources
43	Index VenturesFinal close	$2B	Venture & growth	Jul 31	TechCrunch
44	LLCPFund IV · Final close	$2B	Private equity	Jul 23	Buyouts Insider 3 sources
45	WafraCapital Constellation · Final close	$2B	Private equity	Jul 15	Private Equity Wire 3 sources
46	SkyKnight CapitalSkyKnight Capital Fund V · Final close	$2B	Private equity	Jul 9	AltAssets 2 sources
47	EIGEIG Senior Infrastructure Debt Fund VI · Final close	$1.9B†	Infrastructure	Sep 9	Alternative Credit Investor 8 sources
48	Capitol MeridianFund II · Final close	$1.9B	Private equity	Jul 21	WSJ 3 sources
49	LotusFinal close	$1.8B	Infrastructure	Aug 5	Dealroom
50	Blue Owl CapitalBlue Owl European Net Lease Fund I · Final close	≈$1.8B	Real estate	Aug 4	AltAssets 2 sources
51	FIMIFund VIII · Final close	$1.8B	Venture & growth	Jul 13	calcalistech.com 2 sources
52	StepStone GroupStepStone Infrastructure Secondaries Fund I · Final close	$1.7B	Infrastructure	Aug 26	AltAssets 8 sources
53	ARCHIMEDMED IV · Final close	≈$1.6B	Private equity	Sep 10	AltAssets
54	Bain Capital VenturesBain Capital Ventures Fund XI · Final close	$1.6B	Venture & growth	Sep 17	Venture Capital Journal 3 sources
55	PinegroveFund XII · Final close	$1.5B	Venture & growth	Sep 10	WSJ 3 sources
56	GreylockFinal close	$1.5B	Venture & growth	Jul 15	The Business Journals
57	Blue Pool CapitalRiverside PE · Final close	$1.4B	Private equity	Aug 18	CryptoRank
58	BNP Paribas AM AltsFund II · Final close	≈$1.3B	Credit	Sep 7	Infrastructure Investor 2 sources
59	Princeton Equity GroupPrinceton Equity Partners III · Final close	$1.3B	Private equity	Sep 29	Private Equity Wire 5 sources
60	Schroders CapitalSchroders Capital Private Equity Co-Investment Fund IV · Final close	$1.3B	Private equity	Sep 21	AltAssets 3 sources
61	Morgan Stanley Investment ManagementMorgan Stanley Growth Equity Fund I · Final close	$1.3B	Private equity	Sep 16	AltAssets 4 sources
62	Serent CapitalSerent Capital Fund VI · Final close	$1.3B	Private equity	Jul 8	AltAssets 2 sources
63	Silver Hill Energy PartnersSilver Hill Energy Partners Fund V · Final close	$1.3B	Private equity	Jul 16	AltAssets 2 sources
64	GTCRGTCR Capital Solutions Fund · Final close	$1.3B	Private equity	Jul 29	Buyouts Insider 4 sources
65	InvestcorpInvestcorp North American PE Fund II · Final close	$1.2B	Private equity	Oct 1	Alternatives Watch
66	Nextalia Investment ManagementNextalia Fund II · First close	≈$1.2B	Private equity	Aug 5	Private Equity Wire 4 sources
67	Highland EuropeHighland Europe Fund VI · Final close	≈$1.2B	Venture & growth	Aug 4	AltAssets 2 sources
68	Netley CapitalFlagship Tertiaries Fund · Final close	$1.2B	Secondaries	Sep 3	Business Wire 4 sources
69	1789 Capital1789 Capital Sun Belt Real Estate Development Fund · Final close	$1.2B	Real estate	Aug 14	HedgeCo.Net 3 sources
70	MetLife Investment ManagementPrivate Equity Partners Fund III · Final close	$1.2B	Private equity	Aug 3	Business Wire 3 sources
71	GCM GrosvenorFinal close	$1.2B	Credit	Jul 24	Private Debt Investor 3 sources
72	TruArc PartnersTruArc Partners Fund V · Final close	$1.2B	Private equity	Jul 21	AltAssets 3 sources
73	Citation CapitalCitation Capital Fund I · Final close	$1.2B	Private equity	Jul 13	AltAssets 3 sources
74	ParadigmParadigm Fund IV · Final close	$1.2B	Venture & growth	Jul 9	MLQ.ai
75	AresPE secondaries Fund I · Final close	$1.1B	Private equity	Sep 29	The Secondary Brief
76	HinesHines Rialto Credit Partners · Final close	$1.1B	Real estate	Sep 14	Commercial Observer 6 sources
77	J.P. Morgan Asset ManagementJ.P. Morgan U.S. Net Lease Fund · Final close	$1.1B	Real estate	Sep 9	TradingView 2 sources
78	AllianzGIAllianzGI Impact Direct Lending Fund · Final close	≈$1.1B	Credit	Sep 9	New Private Markets
79	DTCPFirst close	≈$1.1B	Infrastructure	Jul 13	Infrastructure Investor
80	Bregal MilestoneBregal Milestone Fund III · Final close	≈$1B	Private equity	Jul 7	AltAssets 3 sources
81	Stonelake Capital PartnersStonelake Fund VIII · Final close	$1B	Real estate	Sep 30	AltAssets 3 sources
82	Radical VenturesFirst close	$1B	Venture & growth	Sep 15	AltAssets 6 sources
83	Whitman PetersonFinal close	$1B	Private equity	Sep 8	PERE
84	BlackSunBlackSun Fund I · First close	$1B	Private equity	Aug 31	MarketScale
85	Nuveen Green CapitalNuveen CPACE Lending Fund IV · First close	$1B	Credit	Aug 25	Alternative Credit Investor 7 sources
86	BlackSun Private EquityMega Fund I · Interim close	$1B	Private equity	Aug 21	Private Equity Wire
87	SlateFinal close	$1B	Credit	Jul 30	Private Debt Investor
88	SagardCredit Partners III · First close	$1B	Credit	Jul 15	Private Debt Investor 6 sources
89	AvantFinal close	$1B	Private equity	Jul 8	Hart Energy
90	Preservation Capital PartnersPreservation Capital Partners Fund III · Final close	≈$964M	Private equity	Jul 16	AltAssets 2 sources
91	Volition CapitalVolition Capital Fund VI · Final close	$950M	Venture & growth	Sep 14	Venture Capital Journal 3 sources
92	LGT Capital PartnersLGT European Small Buyout Fund VII · Final close	≈$935M	Private equity	Aug 28	AltAssets
93	GenNx360 Capital PartnersGenNx360 Capital Partners Fund IV · Final close	$865M	Private equity	Aug 28	AltAssets 3 sources
94	Transformation CapitalTransformation Capital Fund IV · Final close	$850M	Venture & growth	Sep 15	HedgeCo Insights
95	ApolloFirst close	$850M	Real estate	Aug 3	IPE Real Assets
96	ArgosArgos Fund IX · Final close	≈$809M	Private equity	Sep 24	AltAssets
97	Prospect RidgeFund II · Final close	$800M	Credit	Aug 19	PERE
98	RockpointFirst close	$800M	Real estate	Jul 30	PERE
99	Dimension CapitalDimension Capital Fund III · Final close	$800M	Venture & growth	Jul 22	TechCrunch 2 sources
100	Portobello CapitalPortobello Capital Fund V · Final close	≈$780M	Private equity	Sep 16	AltAssets

Showing the largest 100 of 262; narrow by market to see further down. 30 more closes were reported in this period without a size and are not ranked. ≈ converted to dollars from another currency. † the reports also give a higher figure (usually a total that adds leverage or sister vehicles); the lower one is ranked. Updated Oct 2, 2:16 AM ET.

Capital by market

Final closes · past 90 days

Private equity$100.7B
Credit$74.5B
Infrastructure$44.4B
Venture & growth$34.7B
GP stakes$16.8B
Secondaries$15.5B
Real estate$14.5B

How this table is made

What counts. A fund close that a publication reported, with a named manager and a stated size. Rumoured and expected closes are left out until they happen.
What does not. Hedge funds, continuation vehicles, CLOs and other structured issues, single-investor mandates, evergreen funds, and a manager’s total assets or yearly fundraising. A figure the headline calls a target is not a close.
One fund, one row. Several outlets’ reports of the same close are joined — under whatever name or number each gave the fund — and dated to the first.
Sizes. As reported. A figure marked ≈ was reported in another currency and converted to dollars at the time.
When reports disagree. If outlets give different figures for one fund, the lower is ranked and the row is marked †. The higher is usually a total that adds leverage or single-investor vehicles to the fund itself.
Markets. Growth equity is counted with venture, which is how the reports are filed.
Coverage. From March 2026. It ranks the closes in the stories we carried; it is not a census of every fund.
Corrections. The fields are extracted from the reports by software and can be wrong. Tell us and we will fix the row.

The closes, as they happen.

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