BII, Finnfund, IFC, Norfund, Proparco, and US DFC all committed to AfricInvest Fund IV LLC ($200M, private markets) in one week — six-LP simultaneous convergence on a single Africa-focused vehicle is a concrete clustering signal above the dataset's single-fund commitment baseline.
This edition compiles 13,927 capital-flow events from public filings — 3,043 of them cross-border, ~$205.3B in private-market volume. The corridors are mapped alongside; the league tables follow.
BII, Finnfund, Proparco, SIFEM, and US DFC each committed to Convergence Partners Digital Infrastructure Fund ($60M, infrastructure) this week — five-way simultaneous LP commitment to a single African digital-infrastructure vehicle is a discrete cluster event with a named $60M ticket.
BII, IFC, Proparco, and SIFEM each committed to Maghreb Private Equity Fund IV ($116M, private equity) this week — four distinct Western/multilateral allocators simultaneously targeting a North Africa vehicle constitutes a cross-border DFI clustering event anchored by a $116M named fund.
BII, IFC, and US DFC each committed to Chiratae Ventures International Fund IV LLC ($40M, private markets) this week — three cross-border public allocators converging on a single India-origin venture fund in one reporting period is a discrete cross-border signal with a named $40M ticket.
BII, Proparco, and US DFC each committed to Southeast Asia Clean Energy Fund II, LP ($27M, infrastructure) this week — simultaneous three-way cross-border commitment to a named Southeast Asia clean-energy vehicle is a discrete clustering event anchored by a $27M ticket.
Data as of 11 August 2026 · compiled from public filings. Week-over-week change vs the prior edition.
Fresh, addressable private-market commitments as they surface in public filings — who is deploying now, to whom, in what strategy.
| Filed | Allocator | Manager | Strategy | $ | Flags | Source |
|---|---|---|---|---|---|---|
| 2026-08-06 | Border to Coast | Lexington Co-investment Partners VI | — | $200M | New | filing |
| 2026-08-06 | Border to Coast | StepStone Secondaries Infrastructure Fund, L.P. | — | $165M | New | filing |
| 2026-08-06 | Border to Coast | EQT Active Core II | — | $151M | New | filing |
| 2026-08-06 | Border to Coast | Stonepeak Asia Infrastructure Fund II | — | $150M | New Cross-border | filing |
| 2026-08-06 | Border to Coast | Bpea Ix | — | $150M | New Cross-border | filing |
| 2026-08-06 | Border to Coast | Unigestion Secondary VI | — | $146M | New | filing |
| 2026-08-06 | Border to Coast | CON Infrastructure Partners VII | — | $130M | New | filing |
| 2026-08-06 | Border to Coast | Hg Genesis 11 | — | $76M | New | filing |
| 2026-08-06 | Border to Coast | Hg Saturn 4 | — | $75M | New | filing |
| 2026-08-06 | Border to Coast | Partners European Direct Lending Fund IV Co-invest | — | $73M | New | filing |
| 2026-08-06 | Border to Coast | Project Olympus | — | $45M | New | filing |
| 2026-08-06 | Border to Coast | Project Ibanez | — | $45M | New | filing |
TW / US — Taiwan BLF committed to into Global Climate Transition Infrastructure Securities Passive Mandate (2025) — Combined ($3.0B).
TW / US — Taiwan BLF committed to into Global Climate Transition Infrastructure Securities Passive Mandate (2025) ($2.0B).
TW / US — Taiwan BLF committed to into Global Passive Bond Mandates ($1.2B).
AU / US — Cbus adjusted its allocation to into KKR ($963M).
AU / US — Aware Super adjusted its allocation to into Stepstone Group LP ($663M).
TW / US — Taiwan BLF committed to into Global Climate Transition Infrastructure Securities Passive Mandate (2025) ($500M).
Six DFIs converge on AfricInvest Fund IV LLC in a single week. BII, Finnfund, IFC, Norfund, Proparco, and US DFC all committed to AfricInvest Fund IV LLC ($200M, private markets) in one week — six-LP simultaneous convergence on a single Africa-focused vehicle is a concrete clustering signal above the dataset's single-fund commitment baseline.
Five DFIs pile into Convergence Partners Digital Infrastructure Fund for Africa connectivity. BII, Finnfund, Proparco, SIFEM, and US DFC each committed to Convergence Partners Digital Infrastructure Fund ($60M, infrastructure) this week — five-way simultaneous LP commitment to a single African digital-infrastructure vehicle is a discrete cluster event with a named $60M ticket.
Four cross-border DFIs commit to Maghreb Private Equity Fund IV ($116M). BII, IFC, Proparco, and SIFEM each committed to Maghreb Private Equity Fund IV ($116M, private equity) this week — four distinct Western/multilateral allocators simultaneously targeting a North Africa vehicle constitutes a cross-border DFI clustering event anchored by a $116M named fund.
Three DFIs simultaneously back India-focused Chiratae Ventures International Fund IV ($40M). BII, IFC, and US DFC each committed to Chiratae Ventures International Fund IV LLC ($40M, private markets) this week — three cross-border public allocators converging on a single India-origin venture fund in one reporting period is a discrete cross-border signal with a named $40M ticket.
Three DFIs commit to Southeast Asia Clean Energy Fund II ($27M) in one week. BII, Proparco, and US DFC each committed to Southeast Asia Clean Energy Fund II, LP ($27M, infrastructure) this week — simultaneous three-way cross-border commitment to a named Southeast Asia clean-energy vehicle is a discrete clustering event anchored by a $27M ticket.
— none this week —
SEC. SEC Office of Municipal Securities Updates FAQs for Registration of Municipal Advisors
Advisor Michael Ho, Group Strategy Head — Oliver Wyman → Hong Kong Stock Exchange source
Advisor Deborah Wardle, International CIO — Mercer source
Uncertainty and volatility caused by geopolitical conflict in the Middle East today present both opportunities and challenges to oil and gas dealmaking. In this environment, Kimmeridge has been active
Dallas Police & Fire Pension System moved beyond long-only strategies after hiring a new global equity manager.
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Jensen Hughes provides mission-critical, compliance-driven engineering and consulting services to facility owners, architects and engineers, and nuclear utilities The post New Mountain to acquire fire
The Sydney-based operator runs more than 30,000 digital and static out-of-home advertising assets across Australia and New Zealand, spanning billboards, transit and airport displays. The post I Square
'We view AI as a net positive and believe there is no way AI can reasonably displace the need for infrastructure itself,' said Sai Parepally, a principal at VSS. The post Exclusive: VSS closes minorit
E-Pharma Trento is a consumer health pharmaceutical and nutraceutical contract development and manufacturing organization. The post Spain a ‘value destination’ for mid-market investors; Wise Equity to
Indonesia’s Danantara Investment Management is investing US$2.5 billion for a 25% stake in a joint...
The Malaysia-based Islamic investment unit of Japan’s Nomura Asset Management Co Ltd has tapped Mohammad...
Private credit has grown to rival private equity as the alternative asset class of choice...
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The $425 million pension fund is looking for a manager to run a $21 million mandate.
E-Pharma Trento will possibly explore bolt-on acquisitions to add new technologies or enhance its manufacturing capacity. The post Wise Equity inks agreement to acquire E-Pharma Trento appeared first
The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.
The new vehicle will house over $500m of debt positions held by TCPC, with pricing coming in at 95% of gross fair value as of 31 December 2025.
Market volatility only tells part of the story of the GP-led market’s domination in the first six months of the year, with fundraising and expansion into new asset classes also driving growth.
The Danish retirement scheme favours indirect over direct investment in secondaries and has made commitments to all five infra secondaries vehicles managed by Pantheon, infrastructure funds head Mikke
The firm's seventh flagship is about twice the size of its previous vehicle and took half as long to raise.
Illinois Police Officers' Pension Investment Fund continues asset its allocation buildout with the issuance of a new private credit RFP.
Dallas Police & Fire Pension System is mulling a recommendation to cut public equities, and lift private markets and defensive assets following the findings of an asset allocation study.
For the past 10 years, buybacks have outpaced new share issuance, adding about 70 basis points to the S&P 500 index return, but that could reverse, according to a new white paper from asset manager Ni
Despite being spared liquidity concerns, the pension system’s CIO tells Buyouts that re-ups and new opportunities are being looked at on equal footing.
Carlyle increasingly views AlpInvest as more of corporate finance business than a standalone secondaries unit, chief executive Harvey Schwartz said on the firm's Q2 2026 earnings call.
VC investor Ryan Moore has closed on $78.5m for Revenant Ventures' debut fund, a regulatory filing shows.
The $8.9 billion pension system is specifically looking for strategies focused on infrastructure and energy or diverse manager fund of funds, according to a search notice.
General Electric Pension Trust committed $100 million as a seed investor in an asset-backed credit interval fund.
The two funds, launched in mid-2025, according to PEI Group data, are part of TPG’s $94bn Capital platform for large-scale global private equity investing.
A more than fivefold growth in resources will put OMERS in the unique near-term position of having plentiful capital for fund commitments at a time when many LPs are struggling with liquidity issues.
The Switzerland-headquartered manager will seek to invest in LP-led, GP-led and opportunistic deals with an emphasis on senior lending, Secondaries Investor understands.
The insurer had shopped a portfolio of funds and co-investments with a net asset value of $1.8bn, Secondaries Investor understands.
MassPRIM, which oversees the $129.5 billion Pension Reserves Investment Trust fund, will invest in enhanced index strategies from four managers.
Institutional investors are continuing to allocate to private credit with two recent sizeable final fund closes focused on the middle market.
U.S. public pension fund chief investment officers will see their authority continue to grow in the future as delegation grows and technology improves, according to those holding the positions today.
Data from Buyouts’ Investor Report H1 2026 reveals that public pensions decreased their allocation to the asset class more than any other LP type.
KKR Global Infrastructure Investors V is the year's biggest infrastructure fundraise, according to P&I data.
The New York State Teachers’ Retirement System, Albany, has announced four private markets’ commitments for $434 million, as well as a preliminary estimate of $169.8 billion in assets.
Four of the top five outsourcing managers in P&I’s OCIO survey are investing giants rather than traditional consulting firms, raising potential conflicts to monitor.
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The New Jersey Division of Investment, which handles investments for the $85.9 billion New Jersey Pension Fund, Trenton, has made five private markets commitments for up to $850 million.
Fresno City Retirement Systems approves expanding private credit focus beyond direct lending in two separate accounts.
Pennsylvania State Employees' Retirement System committed $150 million to buyout fund and moved $2 billion to domestic from international small cap equities.
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The North Carolina Investment Authority, which manages the state retirement system, committed a total of $2.1 billion to Barings.
Vermont Pension Investment Commission, Montpelier, committed $145 million across three alternatives strategies.
| Name | events | $ |
|---|---|---|
| Minnesota SBI | 383 | $78.8B |
| Nyc Nycers | 287 | $36.1B |
| Nyc Trs | 278 | $28.1B |
| Nyc Police | 228 | $17.7B |
| Ohio SERS | 167 | $10.7B |
| Lacera | 135 | $23.6B |
| Illinois IMRF | 95 | $19.7B |
| Nyc Fire | 87 | $5.0B |
| Aware Super | 80 | $12.2B |
| NZ Super | 60 | $8.8B |
| Name | strategy | $ |
|---|---|---|
| KKR | — | $19.2B |
| TPG | — | $17.0B |
| Jpmorgan Core Bond Trust | Other Investment Fund | $15.8B |
| Partners Group | — | $15.0B |
| Hudson Bay Fund LP | Hedge Fund | $6.5B |
| AQR TA Delphi Long Short Equity Fund, LLC | Hedge Fund | $4.6B |
| Bank Loan Core Fund | Other Investment Fund | $4.5B |
| Wellington Management Investors (Bermuda), Ltd. | Hedge Fund | $4.4B |
| Two Sigma Absolute Return Enhanced Cayman Fund, Ltd. | Hedge Fund | $4.1B |
| VIA equity Fund VI K/S | Private Equity Fund | $4.0B |
| Asset class | Events | $ |
|---|---|---|
| Private Equity | 4,165 | $591.3B |
| Other / Unspecified | 1,451 | $344.9B |
| Real Assets | 370 | $82.6B |
| Venture | 223 | $5.4B |
| Private Credit | 86 | $2.2B |
| Private-market total | 6,295 | $1.0T |
| Public-equity signal (13F/DART holdings proxy — reported separately, not added above) | 12,119 | $1.8T |
Headline totals reflect private-market flows only. The public-equity signal is a 13F/DART holdings proxy (position values, not new flows) and is never summed into private-market figures.
| Name | $ |
|---|---|
| Unspecified / multi-strategy | $197.5B |
| Hedge Fund | $44.1B |
| Other Investment Fund | $39.7B |
| Private Equity Fund | $15.7B |
| passive fixed income / global aggregate bonds | $8.0B |
| passive infrastructure / climate transition listed infrastructure | $5.5B |
| Venture Capital Fund | $3.7B |
| passive infrastructure / climate transition listed infrastructure (FTSE Global Core Infrastructure ex China TPI Climate Transition Index) | $3.0B |
| passive infrastructure / climate transition | $3.0B |
| private markets | $2.9B |
| Year | Total | Cross-border | Share |
|---|---|---|---|
| 2026 | $1.3T | $72.4B | 6% |
| 2025 | $535.6B | $168.6B | 31% |
| 2024 | $395.7B | $187.8B | 47% |
| 2023 | $131.1B | $47.9B | 37% |
| 2022 | $190.7B | $115.6B | 61% |
| 2021 | $196.9B | $61.3B | 31% |
| 2020 | $54.3B | $21.6B | 40% |
| 2019 | $2.7B | $457M | 17% |
| 2018 | $2.2B | $617M | 29% |
| 2017 | $1.8B | $450M | 25% |
| 2016 | $2.1B | $947M | 46% |
| 2015 | $1.3B | $229M | 18% |
| 2014 | $1.3B | $219M | 17% |
| 2013 | $2.8B | $525M | 19% |
| 2012 | $580M | $160M | 28% |
| 2011 | $575M | $117M | 20% |
| 2010 | $640M | $167M | 26% |
| 2009 | $618M | $230M | 37% |
| 2008 | $4.0B | $140M | 4% |
| 2007 | $4.2B | $950M | 23% |
| 2006 | $1.1B | $196M | 19% |
40 private-commitment LPs + 81 institutional allocators (13F holdings) across 20 countries — plus 5,741 GP/managers and 4,973 funds, all from public filings.
Sovereign wealth Mubadala (AE), Saudi Public Investment Fund (SA), Swiss National Bank (CH), Temasek (SG)
National pension AP7 (SE), GPIF (JP), Korea NPS (KR), Malaysia EPF (MY), Taiwan BLF (TW)
European pension AMF Pension (SE), Alecta (SE), Apg (abp) (NL), Ilmarinen (FI), KLP (NO), MN Services (NL), PFA Pension (DK), PGGM (NL), USS (UK universities) (GB), Varma (FI)
Canadian pension AIMCo (Alberta) (CA), BCI (British Columbia) (CA), CDPQ (CA), CPPIB (CA), OMERS (CA), Ontario Teachers (OTPP) (CA), PSP Investments (CA)
US public pension Arizona State Retirement (US), CalPERS (US), CalSTRS (US), Colorado PERA (US), Florida SBA (US), Illinois IMRF (US), Illinois SURS (US), Kentucky Retirement (US), LACERA (US), Louisiana State Retirement (US), Maryland State Retirement (US), Michigan Retirement (US), Minnesota SBI (US), Missouri MOSERS (US), NYC BERS (US), NYC NYCERS (US), NYC TRS (US), New Jersey DOI (US), New Mexico SIC (US), New York State Common Retirement (US), Nyc Fire (US), Nyc Police (US), Ohio SERS (US), Oregon PERS (US), Pennsylvania SERS (US), Retirement Systems of Alabama (US), Texas ERS (US), Texas Teacher Retirement (TRS) (US), Utah Retirement (US), WSIB (US)
Australian super Aware Super (AU), Cbus (AU), Csc (AU), Hesta (AU), Mercer Super (AU), Rest (AU)
UK LGPS pool Border to Coast (GB)
Insurer AIA Group (HK), Aegon (NL), Allianz (DE), Aviva (GB), Axa (FR), Manulife (CA), Nippon Life (JP), Prudential plc (GB), Storebrand (NO), Sun Life (CA), Swiss Re (CH), Tokio Marine (JP), Zurich Insurance (CH)
Other Aiib, Ameriprise Financial, Bii, Chan Zuckerberg, Chubb, Deg, EBRD, Elo Mutual Pension, FinDev Canada, Finnfund, Generali, Harvard Management, Ifc, Korea Investment Corp (KIC), Lincoln National, MassMutual, Mizuho, NZ Super, Norfund, Norinchukin Bank, Ohio STRS, Pacific Life, Principal Financial, Proparco, Prudential Financial, Royal London, Sifem, Stanford Management, US DFC, Wisconsin SWIB
Family office Bloomberg family office (US), ICONIQ Capital (US), Soros Fund Management (US)
Endowment Emory University (US), Johns Hopkins University (US), Massachusetts Institute of Technology (US), Northwestern University (US), Trustees of the University of Pennsylvania (US), University of Chicago (US), University of Texas (US), Vanderbilt University (US), Washington University (US), Yale University (US)
Foundation Gates Foundation Trust (US), Robert Wood Johnson Foundation (US)
Sources SEC 13F · US public pension · SEC Form D · Korea DART (5% rule) · Ifc · Super-fund holdings (Australia) · Bii · Ebrd · Proparco · Dfc · Sifem · Deg · Norfund · Taiwan BLF · Nz Super · Pionline