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Last verified 2026-09-15

Fund News — Tuesday 15 September 2026

Dated edition·every item source-linked·permanent link

This edition

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Dated and permanent — an edition is never rewritten after publication; corrections land in its changelog.

The week's fund-industry signal, curated: fund launches and closes, manager and servicer moves, and figures from our own registers. Every trade-press item links its source and ends with why it matters to someone who runs or services funds. Trade-press items are published only after every cited source was machine-verified; register figures are computed from the published data files. This is a dated, permanent edition — it is not updated after publication; corrections land in the changelog.

Launches, closes and wind-downs

Ex-CPPIB CEO’s Intrepid Growth Partners closes $525m debut fund

AltAssets · 2026-09-14

Global

Intrepid Growth Partners, led by the former CEO of CPPIB, has closed its inaugural fund at $525m to pursue growth-stage AI companies. The specialist investor says it aims to reshape established industries through its strategy.

Industry moves

Vista weighs options for Finastra

Private Equity Wire · 2026-09-15

Global

Vista Equity Partners is weighing strategic options for Finastra, including a sale that could value the financial software provider at several billion dollars. The.

From our own data

52 new fund-register entries across tracked domiciles

Fund registers · 2026-09-13

Europe

New entries in the public registers we track, by domicile: Luxembourg 31, Ireland 21. Counts are of new register entries (not a de-duplicated fund universe). Observed between register readings of 2026-09-06 and 2026-09-13.

995 PE funds held by 2+ tracked LPs

LP-reported PE · 2026-05-31

Global

6,653 plan-fund rows across 31 pension plans' own disclosures (plan as-of dates 2024-09-30 to 2026-05-31). Median net IRR across 4,235 disclosed positions of vintage 2021 or earlier: 11.9%. Cross-plan holdings are the signal — see the PE performance pages.

154 of 250 large US public plans still assume investment returns of 7% or more

Public Plans Database · plan FYs 2022–2025

North America

Median assumed return across the tracked plans: 7.0%. The highest is Omaha (NE) Police and Fire (Nebraska) at 7.75% and a funded ratio of 58%. The assumption discounts the liabilities — the higher it is, the healthier a plan looks on paper. Figures as published in each plan's own reporting; fiscal years differ by plan.

Changelog

3 changes to the law and guidance · latest 2026-10-03
  • 2026-09-15 — published.
  • 2026-10-03 — corrected: Frazier Life Sciences — removed "from roughly $1.7bn", our own calculation; the source gives the new total ($2.8bn) only.
  • 2026-10-03 — corrected: Volition Capital Fund VI — "the $675m Fund V" was our own calculation → "41% larger than Fund V", as the source reports.
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