– Platinum Equity and Nestlé will create Peranel, a 50/50 joint venture for Nestlé’s waters and premium beverages business, focused on accelerating both organic and acquisition-led growth. – Peranel will manage 30+ brands sold in 120 countries, including S.Pellegrino, Source Perrier, Acqua Panna, Nestlé Pure Life, and other leading local water brands. – The company will

– TruArc Partners announced the final close of TruArc Partners Fund V (“Fund V”), securing $1.2 billion in capital commitments across the fund and parallel vehicles. – The fund exceeded its $1.1 billion target and significantly surpassed its predecessor fund, which raised $840.1 million. – Co-Managing Partners Ogden Phipps, John Pless, and

– Capitol Meridian Partners (CMP) raised $1.9bn for Capitol Meridian Fund II, exceeding its target by 50% and reaching the fund’s hard cap. – The fund includes $1.8bn in commitments from institutional limited partners and approximately $100m from CMP affiliates. – Fund II is twice the size of CMP’s inaugural fund and was raised in one-quarter of

– Pictet Alternative Advisors closed Environment Co-Investment Fund I with USD 253 million in commitments, exceeding its USD 200 million target. – The fund is Pictet’s first dedicated environmental co-investment vehicle, building on its long-standing private equity and co-investment platform. – The strategy will co-invest alongside leading private equity managers in environmental

– Stanhope has been appointed by Norges Bank Investment Management (NBIM) to manage and optimise returns on NBIM’s prime commercial real estate portfolio across London and Paris. – The mandate covers 2.4 million sq ft of directly owned assets located in London’s West End, Midtown and City, as well as Paris’ CBD.

– Silver Hill Energy Partners held the final close of Silver Hill Energy Partners V, LP (Silver Hill V), its fifth partnership and third institutional private equity fund. – Silver Hill V closed oversubscribed with $1.277 billion in total capital commitments. – The fund continues Silver Hill’s strategy of direct ownership, operation, and control