The Fund had a $1 billion target and received limited partner commitments in excess of its $1.1 billion hard cap.

Pictet Alternative Advisors SA (PAA), the Pictet Group’s wholly-owned alternative investment firm, has closed its first direct real estate fund, Elevation I, at its hard cap of €700 million.

Oversubscribed fund VI will invest in early and growth-stage fintech businesses.

CMC Capital Partners announced today that it has recently raised more than $950 million in commitments for its third US dollar private equity fund, CMC Capital Partners III, well surpassing its original target fund size.

A West Coast pension plan approved hires in its domestic small-cap equity emerging manager search last week.

Diversified portfolio delivers net investment return of 11.9%.