Fund News — Wednesday 14 October 2026

Audax Private Equity sets $6.25bn target for Fund VIII, its latest flagship fund

Buyouts · 2026-10-13

Global

Audax Private Equity has set a $6.25bn target for Fund VIII, its latest flagship fund.

Nuveen Real Estate's Australian commercial real estate debt strategy passes A$1bn of commitments, with CPP Investments in for A$300m

AltAssets · 2026-10-13

Asia-Pacific

Nuveen Real Estate's Australian commercial real estate debt strategy has passed A$1bn of commitments, with CPP Investments contributing A$300m of that total.

CDP Venture Capital commits to Jolt Capital's fifth fund, targeting up to €1.1bn for European deeptech

AltAssets · 2026-10-13

Europe

CDP Venture Capital has backed Jolt Capital's fifth fund, which targets up to €1.1bn for European deeptech investments.

Apogem raises $472m across its fourth real assets programme, 24% above target

AltAssets · 2026-10-13

Global

Apogem has raised $472m across its fourth real assets programme, 24% above the target set for the programme.

Finance Earth targets $100m for African nature and carbon fund, with £5m cornerstone from FSD Africa Investments

AltAssets · 2026-10-13

Middle East & Africa

Finance Earth is targeting $100m for an investment fund focused on African nature and carbon, with FSD Africa Investments committing £5m as cornerstone investor.

ASIC issues 21-day interim stop order blocking Fidante from issuing class A units in Ares Global Credit Income Fund

Alternative Credit Investor · 2026-10-13

Global

ASIC has issued a 21-day interim stop order barring Fidante from issuing class A units in the Ares Global Credit Income Fund, which holds $799.9m in assets.

Lazard to reshuffle APAC advisory leadership after buying Campbell Lutyens; Patrick No understood to be leaving

Private Equity International · 2026-10-13

Global

Lazard is reshuffling its APAC advisory leadership following its acquisition of Campbell Lutyens, and Patrick No is understood to be leaving.

Bridgepoint, GFH Bank and AIP Capital launch aircraft engine leasing platform worth more than $1bn (£755.5m)

Alternative Credit Investor · 2026-10-13

Middle East & Africa

Bridgepoint, GFH Bank and AIP Capital have launched an aircraft engine leasing platform worth more than $1bn. It will buy engines and lease them to airlines, maintenance, repair and overhaul providers and other operators. GFH, a Bahrain-based bank with more than $25bn in assets and funds under management, is cornerstone investor and strategic partner, and the deal is its first entry into aviation. Bridgepoint funds and AIP also commit capital. Bridgepoint and AIP first teamed up in 2024 on an initial portfolio of LEAP-1B engines, and in July agreed to buy 11 more from CFM International. All three partners will now raise money from institutional and private wealth investors as they scale toward the platform's target. AIP leads sourcing, asset management and trading, and Bridgepoint says the tie-up deepens its presence in the Middle East.

Bridgepoint — manager profile →

109 of 2,193 mature PE funds show high paper IRR but under 60% of cash returned

LP-reported PE · 2026-06-30

Global

Across the tracked plans' own reports, 109 mature funds (vintage 2019 or earlier, larger commitments) report net IRR of 12%+ while having returned less than 60% of contributed cash. A high IRR with little cash back is a mark, not a result — the distinction DPI makes. Structural gaps the scorecard surfaces: New Jersey DOI publish(es) no fund-level net IRR at all. The full per-plan disclosure scorecard is on the transparency page.