FundWatch Briefing - Jan. 23rd, 2026

TOP HIGHLIGHTS

Crescent Credit Solutions VII CV closed at $3.2B in the largest credit continuation vehicle in private credit secondaries history — Los Angeles-based Crescent Capital Group partnered with Pantheon, Allianz GI, Hamilton Lane, and Ares Credit Secondaries to acquire a diversified portfolio from its 2016-vintage mezzanine fund. Business Wire has more here.

Bansk Group Fund II closed at $1.45B, beating its $1B target — New York-based Bansk Group wrapped up its second consumer-focused fund in December, bringing AUM to over $5B including co-investments. The firm backs CPG brands across consumer health, food & beverage, household products, and personal care. PR Newswire has more here.

SECONDARIES & GP-STAKES

Crescent Credit Solutions VII CV closed at $3.2B — Los Angeles-based Crescent Capital Group closed the largest credit continuation vehicle in the private credit secondaries market. Led by Pantheon with co-investment from Allianz GI, Hamilton Lane, Dawson Partners, Ares Credit Secondaries, and Antares Capital, the vehicle acquired a performing sponsor-backed loan portfolio from Crescent Mezzanine Partners VII. Business Wire has more here.

PRIVATE EQUITY

Bansk Group Fund II closed at $1.45B — New York-based Bansk Group exceeded its $1B target for its second consumer-focused fund, with backing from existing investors and new global partners. Fund II has already deployed into PetIQ, BYOMA, and Arcadia Consumer Healthcare. PR Newswire has more here.

Amethis Fund III reached final close at €406M — Paris-based Amethis and Edmond de Rothschild Private Equity closed their third pan-African flagship fund, targeting approximately 10 investments in African SMEs with tickets of €25-40M. The Article 9-classified impact fund drew backing from EIB, IFC, Bpifrance, BII, Proparco, and other DFIs. Amethis has more here.

CF Private Equity Co-Investment Opportunities V closed at $187M — Norwalk-based CF Private Equity exceeded its $175M target for its fifth dedicated co-investment fund, continuing its strategy of partnering alongside lead sponsors in PE transactions. Commonfund has more here.

VENTURE CAPITAL

Rosberg Ventures Fund III closed at $100M — London-based Rosberg Ventures, founded by F1 champion Nico Rosberg, closed its oversubscribed third fund at 1.4x demand, bringing AUM to over $200M. The fund-of-funds invests across AI, software, and climate tech globally. Bloomberg has more here.

Sahel Capital Agribusiness Fund II held a $29M first close — Lagos-based Sahel Capital anchored its second fund with KfW Development Bank, targeting a $75M final close within 12 months. The growth equity vehicle focuses on food and agriculture companies across West Africa, including Nigeria, Ghana, Côte d'Ivoire, and Senegal. Innovation Village has more here.