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Marathon Asset Management has successfully closed its opportunistic credit fund, MDCF II, securing $2.7 billion in commitments. The fund continues Marathon’s strategy of direct origination in private credit markets, providing flexible capital solutions to management teams, private equity sponsors, and founders. Bruce Richards and Louis Hanover shared insights on the firm's disciplined approach to capitalizing on global credit opportunities. https://lnkd.in/eCX4yJva #PrivateDebt #PrivateCredit

Intermediate Capital Group (ICG) has successfully closed its second European Mid-Market fund, ICG Europe Mid-Market Fund II, at €3.0bn, marking a 300% increase from its predecessor, MMF I. The fund was significantly oversubscribed, reflecting strong demand from a diverse global LP base, including sovereign wealth funds, pension funds, and asset managers. Gareth Knight and Beno?t Durteste shared insights on the fundraise's success and the firm's continued growth. https://lnkd.in/ep4JPrEA #limitedpartner #limitedpartners #LP

Turn/River Capital has successfully closed its sixth fund at $2.5 billion, marking an 85% increase from its predecessor. Investors in the fund include the Massachusetts Pension Reserves Investment Management board, which contributed $75 million. The firm continues to focus on scaling North American and European software businesses through its growth engineering strategy. Sergio Barreto | Alternatives Watch https://lnkd.in/e_tuN3Fw #limitedpartner #limitedpartners #LP

State Universities Retirement System has allocated $70 million to private equity secondaries, with key commitments in Adams Street Global Secondary 5, Pantheon Global Secondary II, and Adams Street Global Opportunities Secondary Fund. Dhanayush Raninga | SecondaryLink https://lnkd.in/dwGwGbTF #limitedpartner #limitedpartners #LP

Carr's Hill Partners, LP has successfully closed its debut fund, Carr’s Hill Fund I, LP, at $210 million, surpassing its $175 million target within just nine months. The fund aims to invest in family- and founder-led businesses across the industrial and infrastructure services sectors, with a strong focus on the U.S. Gulf Coast. H. David de Laureal shared insights on their strategy of combining financial, strategic, and operational support for long-term business growth. https://lnkd.in/g_bQFTxM #limitedpartner #limitedpartners #LP

Spotlight: Blue Owl Capital’s Strategic Equity Strategy. In an exclusive interview, Chris Crampton, Senior Managing Director and Head of Blue Owl Strategic Equity, shares insights on building the firm’s GP-led secondary business, market trends, and future plans. Note: This article is available for all to read! https://lnkd.in/ejHBN4VA

Copenhagen Infrastructure Partners has closed its fifth flagship fund, CI V, surpassing its EUR 12 billion target. The fund aims to invest in large-scale energy infrastructure projects across Europe, North America, and Asia Pacific, contributing to the global energy transition. Jakob Baru?l Poulsen and Mads Skovgaard-Andersen highlighted the fund’s role in portfolio stabilization and value creation for investors. https://lnkd.in/dVGpceAG #Infrastructure #Infra

Morgan Stanley has successfully closed its fourth global infrastructure fund, securing $4.1 billion. The fund will focus on investments in transportation infrastructure, digital infrastructure, energy transition, and utilities. Cassidy Cavanagh | Mergers and Acquisitions - themiddlemarket.com https://lnkd.in/dvPMrjne #Infrastructure #Infra

SecondaryLink is excited to share that Blue Owl Capital has won the 2024 SecLink Award as Top New Entrant in Secondaries. The Blue Owl Strategic Equity Strategy was launched officially in 2024 and hit the ground running with six deals closed already. Congratulations to Chris Crampton and the entire Blue Owl team on the recognition and successful launch. Be sure to keep an eye on them in 2025. Stay tuned for more exciting announcements coming soon...