4+ hour ago   (117+ words) Alternatives Watch Athena adds Kellogg’s Cornelli to advisory council, names SoftBank alum Bousta investment partner Athena Capital has added Francesca Cornelli, dean of Northwestern University’s Kellogg School of Management, to its Athena Council, and named Karim Bousta, co-founder and managing…...

13+ hour, 10+ min ago   (85+ words) Alternatives Watch TruArc Partners raises $1.2bn for fifth middle-market PE fund Family offices, asset managers, funds of funds, and insurance companies from a range of geographies backed TruArc Partners’ latest flagship fund, helping the middle-market private equity firm secure $1.2 billion in…...

1+ day, 14+ hour ago   (300+ words) The Ohio School Employees Retirement System (SERS) in Columbus added $100 million to its private markets programs, officials disclosed this week. The $23 billion pension system reported that several asset classes were outside their target ranges on a cash basis in May....

3+ day, 5+ hour ago   (119+ words) Alternatives Watch Blackstone, TXNM Energy extend $11.5bn merger deadline after New Mexico regulatory setback Blackstone Infrastructure and TMX Energy have extended the termination date of their merger agreement to May 31, 2027, giving the companies more time to secure the regulatory approvals still…...

5+ day, 6+ hour ago   (90+ words) Alternatives Watch Partners Group’s royalty strategy assets climb 50% to $1.5bn Partners Group grew its royalties strategy AuM 50% to $1.5 billion in six months, capitalizing on growing investor demand for the niche private markets asset class and closing eight deals, including a "South…...

5+ day, 23+ hour ago   (56+ words) Alternatives Watch Envestnet introduces manager research coverage for interval funds Dana D’Auria, group president, Envestnet Solutions and co-chief investment officer at Envestnet (Credit: Envestment) Envestnet PMC has released its first list of research-approved interval funds, adding a fourth product type…...

6+ day, 7+ hour ago   (83+ words) Alternatives Watch HarbourVest hires COO for private wealth HarbourVest Partners named Brian Taranto its managing director and COO of Global Private Wealth, a new role that is part of the $160 billion firm’s commitment to growing its global wealth platform. Get…...

6+ day, 13+ hour ago   (77+ words) Alternatives Watch Florida SBA dives into direct lending, real estate amid $1.6bn Q1 outlay Florida’s $300bn SBA committed $1.6bn in Q1, including $550m to direct lending via StepStone, plus real estate and private equity allocations. Get the Whole Story Ode with Anthropic launches, backed by asset…...

1+ week, 1+ hour ago   (103+ words) Alternatives Watch William Blair adds to biopharma team William Blair named Michael Allwin managing director and head of biopharma investment banking in the firm’s New York office. He has been charged with leading the firm’s global efforts to provide comprehensive…...

1+ week, 2+ hour ago   (207+ words) Sagard Credit Partners has held a first close of more than $1 billion for its latest direct lending vehicle, Sagard Credit Partners III (SCP III), drawing commitments from 16 institutional limited partners toward a $2 billion target. The predecessor fund, Sagard Credit Partners II,…...