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. Founder and Managing Partner Tyler Henritze highlighted the advantage of deploying fresh capitalamid increasing market dislocation, supported by a nimble team and flexible mandate. Co-Founder and COO Parker Morse emphasized continued investor support and a focus on valuecreation to deliver differentiated returns.

– FFL Partners (“FFL”), a private equity firm focused on growth investments, announced the closing of FFL Capital Partners VI, L.P. and related vehicles (“Fund VI”), with over $1.35 billion in total commitments, 50% larger than Fund V. – Fund VI attracted commitments from a

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. The Fund’s seed portfolio spans three sectors: power generation assets across NYISO, ISO-NE, and PJM totaling approximately 3.0 gigawatts of capacity; U.S. ethanol production assets totaling approximately 400 million gallons annually; and JET, a retail fuel network of approximately 970 stations across Germany and Austria, held in partnership with Ara Infrastructure. Shameek Konar Partner and Head of Ara Energy, said the strategy targets critical energy assets across power, biofuels, and delivery and distribution, leveraging the team’s operating and M&A experience to increase grid capacity, strengthen energy security and resilience, and extend the life of essential infrastructure.

– EQT XI has agreed to acquire QIAGEN N.V. through an all-cash voluntary public takeover offer of €46.50 per share, valuing the life sciences and diagnostics company at approximately €10.8 billion in enterprise value, or $12.1 billion, including around $1.1 billion in net debt. –

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 record deployment of approximately $3.35bn across 17 secondary transactions in2025, reflecting Pantheon’s access to proprietary deal flow and continued investor demand for secondaries as a portfolio management tool. – PGSF VIII focuses on the global mid-market, providing exposure to hard-to-access general partners (GPs) through a blended strategy of LP-led and GP-led transactions, with a focus on buyout strategies and diversification by vintage, GP and geography. – Pantheon’s private equity secondaries strategy dates back to 1988 and remains a core component of its$41bn private equity platform, offering investors access to private equity exposure through both LP-ledand GP-led transactions. –