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.
OrbiMed has raised $3bn across a new US and European life sciences fund and its sixth Asia healthcare fund. The Asia vehicle has passed $1bn for the first time.
Permira Credit has priced Menlo CLO VI at $401.9m (£300m), its sixth US CLO in under two years and the 21st across its global platform. It is the firm's fifth deal this year. Europe produced Providus CLO XIV in January and the €403.3m Providus CLO XV in April, while the US added Menlo CLO IV in February and Menlo CLO V in May. Menlo launched less than two years ago alongside the established Providus line, which has priced 15 CLOs since 2018. The deal takes AUM across the global liquid credit platform to $9.5bn. Managing director Jared Adler said pricing in an environment that "continues to reward selectivity" reflects the discipline of the firm's approach and its investors' confidence.
EQT reported €41.6bn of gross inflows for the third quarter of 2026, helped by its acquisition of Coller Capital. The deal completed on 31 August, and the business is now rebranded Coller EQT. Total AUM reached €354bn at the end of September, up from €267bn a year earlier. Fee-generating AUM rose to €195bn from €139bn, with Coller adding €34bn of that. Coller also accounts for most of the net inflows: €10.3bn of the €10.9bn into key funds, and €19bn of the €24.4bn into other strategies. The business is preparing to launch its tenth Coller International Partners fund, CIP X, in early 2027, and fundraising has begun for its third Coller Credit Opportunities fund, CCO III. EQT also took €900m of net inflows into its evergreen funds. Chief executive Per Franzén said the firm remains focused on driving monetisations and liquidity.
Infrastructure fundraising remains 39% down on last year after nine months, even after a rebound in the third quarter, according to AltAssets. Three megafunds took 65% of the capital raised.
Aditya Birla Sun Life AMC has set up a wholly owned subsidiary in GIFT City, regulated by the IFSCA, and is launching two retail funds of funds through it.
Israel's Phoenix Financial plans to deploy more than $4bn (£3bn) of client and corporate assets into global private credit through a strategic partnership with Goldman Sachs.
Vistra Fund Solutions can now administer real estate credit and levered equity funds on Yardi, in the same environment as property and entity accounting.
8,163 plan-fund rows across 45 pension plans' own disclosures (plan as-of dates 2024-09-30 to 2026-06-30). Median net IRR across 5,513 disclosed positions of vintage 2021 or earlier: 11.5%. Cross-plan holdings are the signal — see the PE performance pages.
Changelog
Publication and corrections (2 entries) · latest 2026-10-19
2026-10-19 — corrected 4 item summaries that ended mid-sentence; no facts changed.