Fund News — Wednesday 4 November 2026

Igneo Infrastructure Partners hits €6bn hard cap on fourth European infrastructure fund, six months after first close

AltAssets · 2026-11-02

Europe

Igneo Infrastructure Partners has closed its fourth European infrastructure fund at its €6bn hard cap, six months after first close.

• Target: The total came in 50% above the €4bn target set for the vehicle.

I Squared Capital raises $3bn for second infrastructure credit strategy, four times its predecessor

AltAssets · 2026-11-03

Global

I Squared Capital has secured $3bn in commitments for its second infrastructure credit strategy.

• Target: That is double the $1.5bn it originally targeted and four times what its predecessor raised.

Churchill Asset Management closes third junior capital fund at record $1.54bn, more than double its predecessor

AltAssets · 2026-11-03

Global

Churchill Asset Management has closed its third junior capital opportunities fund at a record $1.54bn, more than double what its predecessor raised.

• Target: The total came in well ahead of the fund's original $1bn target.

AE Industrial Partners closes $850m single-asset continuation fund for Blue Raven

Private Equity Wire · 2026-11-03

Global

AE Industrial Partners, a private equity firm, has closed an $850m single-asset continuation fund for Blue Raven.

• Context: The portfolio company is an aerospace and defence distributor of mission-critical components that AE Industrial first backed in 2019.
• Investors: Lexington Partners led the vehicle, which lets AE Industrial extend its ownership while providing fresh capital for Blue Raven's expansion.

Clarion Partners raises €552m for third European sale-leaseback fund, with about €1.1bn to invest

AltAssets · 2026-11-03

Europe

Clarion Partners, a real estate investment manager, has raised €552m for its third European sale-leaseback fund, giving it about €1.1bn of investment capacity.

• Strategy: The fund targets companies seeking to release capital from operational property assets.

Partners Group turns to an umbrella structure to manage redemptions at its evergreen fund

Private Equity Wire · 2026-11-03

Europe

Partners Group will ask shareholders next week to restructure Global Value SICAV, its Luxembourg-domiciled evergreen private equity fund, into an umbrella of two sub-funds split by asset vintage.

• Structure: A quarter of the assets, the younger and higher-performing ones, would move into a compounding fund that targets new investments.
• Structure: The older, weaker three quarters would go into a distributing fund that will seek to return capital.
• Terms: According to Bloomberg, the firm is cutting the redemption cap at both sub-funds to 2.5 per cent.
• Terms: The compounding fund would later go back to a 5 per cent limit.

Partners Group — manager profile →

Millennium pulls more than $1.5bn of leveraged capital from two external hedge funds after losses

Hedgeweek · 2026-11-03

Global

Millennium, the $95bn-plus hedge fund founded by Izzy Englander, is withdrawing more than $1.5bn in leveraged capital from two external managers after losses at both.

• Context: The move was reported by Bloomberg.
• Stake: It has redeemed more than $1bn from event-driven manager Troluce Capital Advisors and $500m from Axebrook Capital.

Gresham House Energy Storage starts formal sales process in a u-turn on GRID

Portfolio Adviser · 2026-11-03

Global

The board of Gresham House Energy Storage Fund (GRID), an investment trust managed by Gresham House, has launched a formal sales process.

• Strategy: The move reverses its September decision to focus solely on the trust's growth plan.
• Context: GRID has a long-term record of trading at a discount to NAV, and the board spent the summer consulting shareholders after PrimeStone Capital wrote in June advocating a sale.