– Martin Marietta has signed a definitive agreement to acquire New Frontier Materials, a platform investment created by Declaration Partners in 2021 – New Frontier Materials was formed through a carve-out of aggregates and asphalt assets from Fred Weber, Inc. – Declaration Partners developed the platform over five years,

– Emerald Lake Capital Management announced the final close of Emerald Lake Capital Partners – Secured $800 million from unaffiliated limited partners at revised hard cap – Additional ~$25 million committed by the general partner and affiliated investors – Fund was heavily oversubscribed, exceeding $500

– Clessidra Private Equity SGR exceeded the fundraising target for Clessidra Capital Partners Green Harvest, reaching over €150 million at second closing ahead of schedule – The fund focuses on the Italian agrifood sector and was launched in July as a closed-end alternative investment vehicle

– Mercer, part of Marsh McLennan, announced the successful close of Mercer Private Investment Partners VIII (PIP VIII) – PIP VIII raised over USD 3.8 billion in limited partner commitments – This is the eighth vintage in Mercer’s PIP series, focused on access to global

– Warburg Pincus LLC announced the launch of a dedicated European Defence Investment Platform. – The platform reflects the firm’s belief in sustained structural tailwinds and long-term policy support for the European defence sector. – MEAG (asset manager of Munich Re Group) is supporting the strategy

– EQT announced the final close of BPEA Private Equity Fund IX (BPEA IX) at its hard cap of USD 15.6 billion, including USD 14.9 billion in fee-generating AUM. The fund was oversubscribed amid strong global demand. – BPEA IX is the largest Asia Pacific–focused private equity fund ever raised, despite