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Avenue Growth Partners has closed its second fund on its $155m hard cap, more than doubling the size of its debut vehicle amid a continued push from LPs into AI verticals.
The post Avenue Growth Partners hits hard cap with $155m Fund II as LP demand backs vertical AI strategy appeared first on AltAssets Private Equity News.
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AI could upend the industry's long-standing structures and dynamics. Competitive advantage will accrue to carriers, distributors, and tech providers that prepare now.
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Real assets investor Townsend has raised more than $2bn for its latest real estate secondaries strategy, with the global real assets specialist targeting a total raise of $3bn to capitalise on growing demand in the asset class.
The post Townsend raises $2bn for real estate secondaries strategy, eyes $3bn appeared first on AltAssets Private Equity News.
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As Pakistan starts bailout talks with the IMF this week, many developing nations have taken steps to limit fallout from weakening currencies and rising interest rates in the U.S.
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