In this PE FORUM interview, Brian Vickery, Founder, Partner and Head of the ImPACT Platform at Pact Capital Partners, shares his perspective on the evolution of the GP stakes market, the opportunities in the middle market, and why strategic partnerships create value beyond capital. The

– 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.