Bill Ackman’s Pershing Square Proposes Takeover of Universal Music Group
• Bill Ackman’s hedge fund Pershing Square Capital Management, L.P. has offered to acquire Universal
OceanSound Partners Closes $3.4 Billion in Connection with Fund III
– OceanSound Partners closed Fund III at $3.0 billion, with total capital reaching $3.4 billion
Ares Management Raises Over $9.8 Billion for Leading Opportunistic Credit Strategy
• Ares Management Corporation closed over $9.8 billion of capital for its Opportunistic Credit strategy, including
Air Street Capital Raises $232 Million Fund III to back AI-first companies
– Air Street Capital has raised a third fund totaling $232,323,232 to invest in AI-first companies
Domain Capital Group Closes $768 Million in Commitments for Domain Entertainment Fund II
– Domain Capital Group LLC and its subsidiary Domain Capital Advisors LLC closed $768 million
Forward Consumer Partners Closes Fund II at $500 Million Hard Cap
– Forward Fund II closed at its $500 million hard cap – Launched in December
L Catterton Real Estate and Cedar Capital Partners Launch Strategic Luxury Hospitality Platform
– Cedar Capital Partners and L Catterton Real Estate launched a strategic joint venture to
Pictet Group Raises over €400 Million for First Direct Private Equity Strategy
– Pictet Group raised €403m for its first direct private equity fund, Pictet Private Equity
Pritzker Alternative Strategies Raises Nearly $385 Million Inaugural Fund from Select Family Investors
– Pritzker Alternative Strategies LP (“PAS”) is a differentiated family capital investment firm focused on
Pictet Group Raises over €400 Million for First Direct Private Equity Strategy
– Pictet Group raised €403m for its first direct private equity fund, Pictet Private Equity