Thoma Bravo, the USD120 billion US-based private equity firm specialising in the software and technology sectors, has raised more than USD30 billion in its latest fundraising round – including the launch of the largest ever tech-focused buyout fund.
Some of the world’s largest and best-known institutional investors and asset managers have suffered their first major hit from the escalating crypto crisis as one-time industry poster-child Sam Bankman-Fried’s FTX crypto exchange filed for Chapter 11 bankruptcy protection after a stunningly swift collapse.
Stockholm-headquartered private equity investment firm EQT has closed Europe’s largest venture capital fund for early-stage tech start-ups, raising EUR1.1 billion of commitments from institutional investors around the world for its new EQT Ventures III fund despite the adverse macroeconomic climate and the steep equity valuation falls across the tech sector this year.
Nuveen, the USD1.1 trillion New York-based investment manager owned by US pensions giant TIAA, has made a major move into the fast-growing European private debt market with the announcement of the acquisition of leading Europe-focused manager Arcmont Asset Management.
Strong investment performance from Man Group’s alternative, absolute return, and multi-manager strategies again helped the world’s largest listed hedge fund group to offset heavy falls across its systematic and discretionary long-only suite of products in the third quarter.
Institutional investor demand for ETFs, alternatives, and outsourcing mandates continued to drive net inflows at BlackRock in Q3, despite the worsening market environment causing a further fall in overall assets under management.
Returns from systematic, trend-following, and currency-focused macro fund managers have surged again in recent weeks as the escalating volatility in global bond, currency, and equity markets has intensified yet further.
Turmoil in global markets prompted a new record flood of capital out of equity funds in September, according to the latest Fund Flow Index from London-headquartered global funds network Calastone.
Impact investing is set to penetrate capital markets, and passive investments such as ETFs and mandates will be an important driver of this development is
The firm says the CI ETF 1 vehicle, which was oversubscribed on the back of strong demand from institutional investors, is the largest dedicated clean hydrogen fund globally – underlining the strength of global investor appetite for energy transition investments.
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