The fund will invest in middle-market businesses in North America.
North Dakota Retirement & Investment Office continues to commit to private equity.
The US-based public pension has backed a North America buyout fund.
The Global AI Infrastructure Investment Partnership will back new and expanded data centers, as well as energy infrastructure to create new sources of power for these facilities.
Kentucky Public Pensions Authority advised to lower target allocation to private equity.
The pension has recommended $750m in commitments for the 2025 plan.
The fund is closing at more than double the size of the 2019 predecessor fund, which closed at $1.7 billion.
Also, Kohlberg raised approximately $1 billion for dedicated co-investment vehicles alongside Fund X.
GCP III's LPs includes a broad range of institutions, family offices and executives.
CAI Fund VII held its first close in June 2023 and concluded its fundraise in September 2024.