2026

Town Lane closed its second real estate fund, Town Lane Real Estate Opportunities Fund II, at its $1.9billion hard cap. Fund II exceeded its $1.5 billion target, up from the $1.25 billion raised for Fund I in 2024. Investors include university endowments, charitable foundations, family offices and pension funds,with strong participation from existing investors. Founded in 2024 by Tyler Henritze, a 19-year Blackstone Real Estate veteran, and his sister ParkerMorse, a former Sycamore Partners executive, Town Lane has grown to more than 20 professionals. Fund II will pursue opportunistic investments across US commercial real estate sectors andthroughout the capital stack. The strategy combines operating platforms in high-conviction themes with the flexibility to capitalizeon market dislocations. Target sectors include senior housing, necessity retail, small-format industrial and powered-shell datacenters.

– FFL Partners (“FFL”), a private equity firm focused on growth investments, announced the closing

Ara Partners reached final close on Ara Energy Fund I at its $2.5 billion hard cap, comprising $1.8 billion in fund commitments and more than $700 million in associated co-investment. Launched in Q2 2025, the Fund held its first close in December 2025 and reached final close 10 months later, attracting existing investors and new institutional LPs, including pension funds, insurance companies, sovereign wealth funds, endowments, and foundations across North America and Europe. Ara launched Ara Energy in partnership with HF Capital to acquire, optimize and, where economically accretive, decarbonize energy assets across the conventional energy value chain. Senior team members Shameek Konar, James Chiu, David Sims, and Matthew Dunn had worked together for several years before joining Ara.

Balerion Space Ventures, a venture capital firm investing in infrastructure shaping the future of space, defense, and deep technology, has oversubscribed its $200 million Fund II. Fund II has invested in 15 companies across space systems, national security, advanced energy, autonomy, capital infrastructure, and other critical technologies. “We founded Balerion around a simple belief: The technologies that will define the future of economic and national security are being built today,” said Phil S., Co-Founder and General Partner. “We’re proud of the portfolio we’ve built and the founders we’ve had the opportunity to support,” said Daniel Wallman, Co-Founder and General Partner. Balerion has appointed A.C. Charania, former NASA Chief Technologist, as Managing Director, wherehe will focus on global operations.

– Pantheon, a global private markets investor with approximately $84bn in AUM, announced the finalclose of Pantheon Global Secondaries Fund VIII and associated vehicles (PGSF VIII), with total commitments of $6bn. – The closing follows a

– Savory Fund closed its third private equity fund, Savory Fund III, at $201.5 million,

– Blackstone Energy Transition Partners V (BETP V) closed at $8.7bn, more than 50% larger

– Apogem Capital Closes Real Assets Fund IV at $372 Million, Exceeding Target Apogem Capital