FundWatch Briefing - Jan. 30th, 2026

TOP HIGHLIGHTS

Lindsay Goldberg Fund VI closed at $4.9 billion, surpassing its $4.0 billion target by over 40% — New York-based Lindsay Goldberg attracted commitments from pension funds, sovereign wealth funds, insurance companies, and family offices globally for its oversubscribed sixth flagship vehicle targeting industrials, services, and healthcare. Business Wire has more here.

Goldman Sachs PECP IV raised more than $2.8 billion at final close — New York-based Goldman Sachs Alternatives significantly exceeded its predecessor and original target for the fourth private equity co-investment fund, reflecting growing investor demand for fee-efficient access to high-conviction buyout opportunities. Goldman Sachs has more here.

Pinegrove Opportunity Partners I closed at $2.2 billion, becoming the largest first-time venture secondaries fund — San Francisco-based Pinegrove, backed by Sequoia Heritage and Brookfield, has already deployed $1 billion into companies including Stripe, Databricks, and Revolut. PR Newswire has more here.

PRIVATE EQUITY

Lindsay Goldberg Fund VI closed at $4.9 billion in early January — New York-based Lindsay Goldberg exceeded its $4.0 billion target for its sixth fund, which will continue the firm's strategy of partnering with families, founders, and management teams in industrials, services, and healthcare. Business Wire has more here.

Goldman Sachs Private Equity Co-Investment Partners IV held final close with more than $2.8 billion in commitments — New York-based Goldman Sachs Alternatives closed its fourth co-investment fund, which focuses on control-buyout transactions alongside a broad network of established managers. Goldman Sachs has more here.

Springcoast Partners I closed at its hard cap of $525 million in early January, with $750 million raised including co-investment vehicles — New York-based Springcoast, a growth equity firm focused on scaled software and technology companies, represents the largest tech-focused growth fund raised by an emerging manager in the past three years. Business Wire has more here.

SECONDARIES

Pinegrove Opportunity Partners I closed at $2.2 billion, exceeding its $2 billion target — San Francisco-based Pinegrove became the largest first-time venture secondaries fund, targeting mid-to-late-stage private technology companies with check sizes ranging from $50 million to $250 million. PR Newswire has more here.

CREDIT FUNDS

Eldridge Diversified Credit Fund I closed with approximately $1.5 billion in investable capital — Greenwich-based Eldridge partnered with Carlyle AlpInvest for its inaugural diversified credit platform fund, structured through a credit secondary solution anchored by a portfolio of loans and leases. Alternatives Watch has more here.

Catalio Structured Opportunities Fund II raised more than $325 million at final close in early January, exceeding its $250 million target — New York-based Catalio, backed by KKR, focuses on healthcare structured credit for commercial-stage companies. Alternative Credit Investor has more here.

VENTURE CAPITAL

McRock Capital Fund III held final close at C$120 million (~US$88 million) in early January — Toronto-based McRock, focused on industrial software and AI startups, closed its largest fund to date with backing from Autodesk, Caterpillar, Emerson/AspenTech, and government LPs including EDC, BDC Capital, and Venture Ontario. BetaKit has more here.