AEA Investors has collected $4.8 billion for its latest flagship vehicle, AEA Fund VII, which will invest in upper middle-market deals and also amassed $877 million in commitments for a new small business fund, AEA Investors SBF IV.
The University of Missouri and Hillsdale College have agreed to settle Hillsdale’s lawsuit against the university. As part of the settlement, the institutions will split the endowment, currently valued at approximately $9.2 million.
Alabama’s Employees Retirement System pension fund earned only a 2.78% rate of return during the fiscal year that ended Sept. 30, but Retirement Systems of Alabama CEO David Bronner pointed out that the figure was skewed by a “really rotten first quarter.”
Värde Partners, a leading global alternative investment firm, today announced it has raised its 13th flagship vehicle, Värde Fund XIII, with $2.47 billion in commitments.
EnCap Investments plans to raise $1.5 billion for a new fund that seeks to capitalize on North America’s shift to clean-energy infrastructure, said people familiar with the matter.