Alternative Assets

The Next Generation Alternative Investment Awards recognize emerging professionals across private equity, private credit, real estate, infrastructure, and digital assets who are redefining what leadership looks like in alternatives. This year’s honorees are builders of the ecosystem: launching innovative platforms, expanding access to institutional-quality strategies and elevating investor education and transparency. Beyond their day-to-day roles, …

Consonance Capital Partners has closed its third healthcare private equity fund at its $1.35 billion hard cap, attracting commitments from pension plans, endowments, foundations and financial institutions. The New York-based firm held the final close on Fund III at its hard cap in a heavily oversubscribed process after just under four months in the market, …

The Next Generation Alternative Investment Awards recognize emerging professionals across private equity, private credit, real estate, infrastructure, and digital assets who are redefining what leadership looks like in alternatives. This year’s honorees are builders of the ecosystem: launching innovative platforms, expanding access to institutional-quality strategies and elevating investor education and transparency. Beyond their day-to-day roles, …

Hedge funds increased participation in several major technology stocks in September despite rising interest rates and inflation concerns, with semiconductor positioning turning more bullish, according to Data Insights, a division of Hazeltree. The firm’s September Crowding Report showed increased numbers of funds holding long positions in Alphabet, Meta, Microsoft, Nvidia and Amazon. Long participation declined …

Adams Street Partners has launched the Adams Street Venture & Growth Fund (AVNGR), a closed-end, perpetual-term tender offer fund designed to give qualified clients evergreen access to venture capital. The fund launches with $363.5 million in net assets from anchor investors and will be broadly available starting Dec. 1 on all major custodian platforms. AVNGR …

The Securities and Exchange Commission has proposed a package of rule changes aimed at widening individual investors’ access to private-market strategies through regulated investment vehicles.  The proposals are part of the SEC’s effort to promote what Chairman Paul Atkins called the “responsible retailization” of private markets. The agency said demand for private market investments is …

The Next Generation Alternative Investment Awards recognize emerging professionals across private equity, private credit, real estate, infrastructure, and digital assets who are redefining what leadership looks like in alternatives. This year’s honorees are builders of the ecosystem: launching innovative platforms, expanding access to institutional-quality strategies and elevating investor education and transparency. Beyond their day-to-day roles, …

U.S. life insurers are increasingly using rated note feeders to access private credit, seeking higher yields and favorable capital treatment while taking on risks that can be difficult for outside stakeholders to assess, according to Moody’s Ratings. The vehicles provide exposure to strategies including direct lending, infrastructure, asset-based finance and commercial real estate. Moody’s identifies …

Northwind Group has closed its third real estate debt fund at $1 billion, double its target and the largest fund in the firm’s history. Northwind Debt Fund III makes mostly senior-secured, floating-rate bridge loans in major U.S. cities. It finances acquisitions, construction, condo inventory, office-to-residential conversions, pre-development and lease-up projects. Investors include pension funds, insurance …

Construction companies facing labor shortages, tight margins and more complex projects are spending heavily on artificial intelligence. A new survey from consulting firm BRG suggests the money is producing measurable savings, even as many firms are still working out where AI fits and how to measure its returns. The report, “AI in Construction: Measurable Results, …

Liberty Mutual Investments, the investment arm of Liberty Mutual Group, has formed a strategic partnership with Elda River Capital Management targeting up to $500 million in credit investments. The partnership builds on a long-standing relationship between the firms and expands the senior credit solutions Elda River can offer high-quality, middle-market borrowers in energy and infrastructure, …

CBRE Group has agreed to acquire London-based Onnec Group for an initial £460 million, approximately $610 million, in cash, expanding its data center infrastructure capabilities across Europe and Asia Pacific. The agreement includes a multiyear earnout of up to £300 million, approximately $400 million, contingent on Onnec meeting growth thresholds. Founded in 1986, Onnec designs, …