Fundraising

The New York-based firm has held a final close on its fifth fund, hitting its hard-cap in only two months.

In Q1 2016, distributions fell 17% year-on-year while $136bn of funds raised made it the highest since the financial crisis, fund advisory Triago reported.

Juggernaut Capital Partners has held a final close on its third fund, which focuses on investing in the lower middle market.

BCP Energy Services Fund launched in 2014 and closed on $750m.

The Los Angeles-based firm has closed its latest flagship vehicle on $9.6 billion.

The Teacher Retirement System of Texas’ latest investments include a $300m commitment to TPG Partners VII and a new relationship with Vista Equity Partners.

The UAE-based firm is acquiring a minority stake in Fibabanka through Abraaj Turkey Fund I, which is currently closing in on its $500m target.

The west-coast pension fund has made its first commitment to the London-based private equity firm.

Parthenon Capital Partners raced past its $850m target to close slightly over $1bn, making it the first Parthenon fund to do so.

The giant Danish pension now has €8.4 billion committed to the asset class through ATP Private Equity Partners.