Dated and permanent: each edition keeps its own address, and a factual error is corrected in place.
Fund launches and closes, manager and servicer moves, and figures from our own registers.
Each news story opens with what happened, then its key points. Every item links its source.
This edition has a permanent address; a factual error is corrected in place.
US commercial real estate lender ACORE Capital has held a $1.1bn final close on its second opportunistic credit fund, more than quadrupling the size of its predecessor.
Strategy: The fund targets financing opportunities created by property market dislocation.
Lightspeed Venture Partners has reportedly raised more than its $750m target for a new fund and co-investment vehicle that will buy established businesses which can be transformed through AI.
Target: The strategy is aiming for up to $1bn as the venture firm pushes further into private equity-style buyouts.
Lazard has completed its purchase of Campbell Lutyens, first announced on 30 April 2026.
Structure: It has folded the firm, together with its own private capital advisory team, into Lazard CL, its third global business.
Scale: The combined unit has more than 300 advisory professionals across 19 offices and covers fund placement, secondaries and GP capital advisory.
Scale: Together the two teams have advised on more than $1 trillion of primary capital raised and secondary volume across about 1,300 mandates over four decades.
Investors: More than 60 LP distribution staff reach roughly 4,000 institutional investors.
Context: Co-CEO Gordon Bajnai calls it the largest integrated platform in private capital advisory.
Strategy: Co-CEO Holcombe Green says it adds category leadership in infrastructure and private credit to Lazard's strengths in private equity and real estate.
Terms: Lazard paid the upfront consideration mainly in its own stock, with portions locked up for up to three years.
Next steps: It expects Lazard CL to generate about $500m of combined revenue and to be accretive to earnings in 2027, before synergies.
Investors in Partners Group's flagship US private equity master fund asked to withdraw $2.2bn in the third quarter, the Financial Times reported.
Size: That is 15% of net assets and more than double the $900m, around 6%, requested in the second quarter.
Terms: Partners Group held redemptions to the fund's 5% limit in both quarters.
Structure: It also plans to restructure its €6.6bn European evergreen fund, separating older, weaker-performing assets from newer investments, and is considering similar changes to other evergreen vehicles.
Redemption requests at Blue Owl Credit Income Corporation (OCIC), the manager's non-traded BDC, fell for a second consecutive quarter in the three months to September.
Investors: On the 29 October earnings call, CFO Alan Kirshenbaum said few new holders were joining the queue and over 90% of OCIC's 90,000 shareholders remain fully invested.
Scale: Private wealth inflows rose 14% on the prior quarter, and Blue Owl managed about $330bn at end-September.
New entries in the public registers we track, by domicile: Luxembourg 54, Ireland 12. Counts are of new register entries (not a de-duplicated fund universe). Observed between register readings of 2026-10-18 and 2026-10-25.
First Form D notices — new pooled funds, not amendments, up 16% on the month before. From the SEC quarterly datasets; the monthly formation flow is charted on our fund registrations page.
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 (1 entry) · latest 2026-11-02