PEI Group Data

The $1.6bn BPEA EQT Mid-Market Growth Fund is nearly 18% deployed across four deals, two of which came from India, partner Nicholas Macksey tells PEI.

The Mumbai-based manager, which closed a $700m continuation fund in April, will begin fundraising for its 10th flagship this year, PEI understands.

Asia Fund VIII, which closed below target, is TPG’s largest Asia-focused fund, according to the firm's latest earnings call.

The soon-to-be listed manager’s flagship buyout fund series has amassed nearly €100bn since 1998.

The move would bring the Luxembourg-headquartered firm in line with peers Blackstone, KKR, Carlyle and EQT.

Apax XI has closed just short of its $13 billion target. Plus: how KKR plans to reach $1 trillion of AUM; and Houlihan Lokey continues to expand its private markets roster. Here's today's brief, for our valued subscribers only.