Fundraising

The firm’s head of Turkey says macro issues are not affecting investment pace, and expects to close 4-5 investments in the next two years.

The public-private fund will see Duet open an office in Nigeria, as it provides credit and equity for six food and beverage companies.

Despite an onslaught of challenges, the emerging markets specialist has raised $526 million for its debut Turkey-dedicated vehicle.

The firm is the latest to receive a warm reception from investors; it is eyeing a September final close as it nears its target for Fund VI.

Originally targeting $400m, Fund IX is the firm’s largest fund of funds to date.

Despite lacklustre economic growth, Blackstone’s chairman and chief executive Stephen Schwarzman is confident that the alternative asset giant’s private equity investments can continue to deliver robust returns.

A Switzerland-based private equity veteran gives UK fund managers – currently subject to an uncertain regime as Britain exits the EU – the benefit of his country’s 25-year experience negotiating with the union.

The Washington, DC-based buyout firm, which focuses on mid-market contractors to the US government, is looking to grow in size: it is targeting $350m for its second fund, up from the $250m target for its debut fund.

The buyout firm, which invests in food and beverage companies, has also closed on its first debt vehicle, which will provide a source of subordinated debt for its fourth fund.

The fast-growing venture capital firm co-founded by Joshua Kushner – whose brother Jared is Donald J. Trump’s son-in-law – raised almost double the $400m it secured in 2014, and will now be managing almost $1.5 billion in assets.