The Oct. 21 record names the fund and size but does not state a strategy, sector split or named investors.
Ara Partners has launched Ara Energy Fund I with $2.5 billion in assets, according to our records of this week's fund launches. The entry is dated Oct. 21 and does not describe a strategy, a sector breakdown or any named investor.
The record does not state whether the $2.5 billion is a target, a hard cap or commitments already gathered; it is recorded as assets for the vehicle.
Reported by the Fundraising desk from Daily Network fund-launch records. Published . Corrections
The pool combines $1.8bn fund commitments with $700m co-investment; Blackstone's transition fund is more than 50% larger than its predecessor.
The inaugural pool combines $1.8 billion of fund commitments and $700 million of co-investment for power, biofuels and fuel distribution assets.
A $50 million fund commitment is paired with up to $50 million for co-investments; the strategy targets $2.5 billion.
The one-year facility funds data center and GPU purchases and can step up to a maximum spread of 3.50 points over Term SOFR.
The Generali Investments unit says Fund II vintage commitments now exceed €450 million, with Fund I beginning distributions in the second quarter.
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