Fundraising

The UK mid-market firm is defying Brexit uncertainty as it hurtles toward its £425m target.

Blackstone Core Equity Partners, which is meant to hold investments for longer than the typical 3-5 years in private equity, has raised $2.6bn.

Menlo Park-based venture capital firm Longitude Capital has closed on a new biotech and life sciences fund.

The Bank has made commitments to a number of UK-focused private equity funds; there will be no immediate changes to its engagement with the country, it has said.

The consumer-focused fund is bumping up against its $2.75bn hard cap and scaling back LP’s initial commitments.

The investment bank also raised over half a billion dollars for a dedicated real estate secondaries fund last year, according to documents seen by PEI sister title Secondaries Investor.

The global buyout house is rumoured to be returning to market with an offering in the first half of 2017.

The global buyout house is rumoured to be returning to market with an offering in the first half of 2017.

The island is the latest fund domicile to race to provide EU marketing options.

The New York-based turnaround firm has closed its third fund above target.