European private equity firm IK Partners has closed its 10th Mid Cap fund, the IK X Fund, having reached its hard cap of €3.3bn. It is the largest fund the firm has raised to date (IK’s previous Mid Cap fund, IK IX, raised €2.85bn in 2020).
The IK X Fund...
Social infrastructure investor Newcore Capital has achieved a first close for its £375m (US$484m) core-plus fund - the Newcore Social Infrastructure Income Fund (NSIIF) – providing it with £100m of investment capacity to deploy into assets enabling essential social infrastructure uses such as education, childcare, clinical healthcare, transport, and waste management.
The Fund has secured three notable institutions as cornerstone investors: The Parliamentary Contributory Pension Fund, a Local Government Pension Scheme and an insurance company client of Capricorn Private Investments.
“This milestone has been achieved against the backdrop of a particularly difficult...
