Apollo joined Mubadala Capital as a strategic investor, with new minority shareholders committing a combined $5bn to its strategies. Meanwhile, Advent International’s GPE XI fund closed at $27bn, surpassing its $26bn target and becoming the largest buyout fund to finish fundraising in 2026. Additionally, a portfolio of 22 co-investment positions—valued at roughly a 20% discount to net asset value—was sold, with KKR holding the largest share at 18.5% of NAV.
Sponsors included Carlyle, CVC, Blackstone, and Insight Partners.
Source: PE Insights · Summarized by HeadlinesBriefing