Simultaneous commitments by Finnfund, IFC, Norfund, Proparco, and US DFC to AfricInvest Fund IV LLC — anchored by a $50M ticket — signal a rare 5-LP convergence into a single African private-markets vehicle in one week, a clustering density not visible in any other fund in this dataset.
This edition compiles 684 capital-flow events from public filings — 10 of them cross-border, tracing Asian & Gulf capital into global private markets. The corridors are mapped alongside; the league tables follow.
EBRD, IFC, Proparco, SIFEM, and US DFC all committed to SPE AIF I, LP (example ticket $40M, private markets) in the same week, making it one of only two funds this week to attract five distinct institutional LPs simultaneously alongside AfricInvest IV.
DEG and US DFC committed to Quadria Capital Fund III L.P. with an example ticket of $75M (private markets, South/Southeast Asia health-adjacent), the highest per-LP ticket size recorded across all convergence patterns detected this week, distinguishing it from the $15–50M range of peer Africa-focused funds.
DEG, IFC, Norfund, Proparco, and US DFC committed to Adenia Capital V LP (private equity, $43M example ticket) in one week, forming a third simultaneous 5-LP cluster in African PE alongside AfricInvest IV and SPE AIF I — a pattern of tri-fund convergence at this LP-count not present in prior weekly baselines in this dataset.
IFC, Norfund, and Proparco committed to Accion Quona Inclusion Fund, LP ($30M example ticket, private markets) in the same week — the only cross-border fintech/financial-inclusion vehicle in this week's convergence patterns to attract three DFI LPs simultaneously, contrasting with the Africa-PE clustering dominating the rest of the cohort.
Data as of 14 September 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 |
|---|---|---|---|---|---|---|
| 2026-08-31 | NYC NYCERS | KKR Asian Fund IV | private equity | $103M | New Cross-border | filing |
| 2026-08-31 | NYC TRS | KKR Asian Fund IV | private equity | $94M | New Cross-border | filing |
| 2026-08-31 | NYC Police | KKR Asian Fund IV | private equity | $65M | New Cross-border | filing |
| 2026-08-31 | NYC Fire | KKR Asian Fund IV | private equity | $25M | New Cross-border | 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 |
TW / US — Taiwan BLF committed to into Global Climate Transition Infrastructure Securities Passive Mandate (2025) — Combined ($3.0B).
AE / US — Mubadala closed ($2.0B).
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).
QA / RW — QIA committed to into New Kigali International Airport (NKIA) ($1.1B).
AU / US — Cbus adjusted its allocation to into KKR ($963M).
Five DFIs converge on AfricInvest Fund IV with $50M anchor ticket. Simultaneous commitments by Finnfund, IFC, Norfund, Proparco, and US DFC to AfricInvest Fund IV LLC — anchored by a $50M ticket — signal a rare 5-LP convergence into a single African private-markets vehicle in one week, a clustering density not visible in any other fund in this dataset.
Five DFIs back SPE AIF I with $40M ticket — EBRD joins US DFC in same close. EBRD, IFC, Proparco, SIFEM, and US DFC all committed to SPE AIF I, LP (example ticket $40M, private markets) in the same week, making it one of only two funds this week to attract five distinct institutional LPs simultaneously alongside AfricInvest IV.
Quadria Capital Fund III lands $75M ticket — largest single LP commitment in this week's emerging-market private fund cohort. DEG and US DFC committed to Quadria Capital Fund III L.P. with an example ticket of $75M (private markets, South/Southeast Asia health-adjacent), the highest per-LP ticket size recorded across all convergence patterns detected this week, distinguishing it from the $15–50M range of peer Africa-focused funds.
Adenia Capital V attracts five DFIs including DEG and US DFC for $43M African PE ticket. DEG, IFC, Norfund, Proparco, and US DFC committed to Adenia Capital V LP (private equity, $43M example ticket) in one week, forming a third simultaneous 5-LP cluster in African PE alongside AfricInvest IV and SPE AIF I — a pattern of tri-fund convergence at this LP-count not present in prior weekly baselines in this dataset.
Accion Quona Inclusion Fund draws IFC, Norfund, and Proparco in a cross-border fintech-inclusion close. IFC, Norfund, and Proparco committed to Accion Quona Inclusion Fund, LP ($30M example ticket, private markets) in the same week — the only cross-border fintech/financial-inclusion vehicle in this week's convergence patterns to attract three DFI LPs simultaneously, contrasting with the Africa-PE clustering dominating the rest of the cohort.
Connecticut pension fund commits $500m to Fortress credit, $250m to IFM infrastructure AltAssets
MainePERS eyes $110m commitment to four funds VC Journal
Malaysian fund manager PNB prices second US$300 million exchangeable sukuk Asia Asset Mgmt
Korea Post seeks bids for 245 billion won domestic private equity fund mandate Asia Asset Mgmt
HarbourVest raises $2.4bn for private credit secondary strategy PE Wire
ADIA raises private equity and hedge fund allocation targets PE Wire
Arini set to close debut European direct lending fund at $4bn PE Wire
Apogem hits $597m hard cap for eleventh lower-mid-market private equity fund AltAssets
Sovereign & institutional commitments to named managers, from the funds’ own newsrooms — the money incumbents surface late. Amount shown where disclosed.
GP Dr Yousif Al, CEO — Tabreed source
GP Jeff Hawkins, operating partner / growth driver at portfolio companies — JPH Revenue Partners → The Vistria Group source
GP Jason O'Briant, Head of Portfolio Talent — Vision Ridge Partners source
GP Neetesh Kumar, Managing Partner — Vivo Capital source
Allocator Maggie Millhiser, CIO — Virginia Tech Foundation source
GP Sarah Kennedy Ellis, Chief — Workday source
GP Piero Migliorini, head of private equity Italy — Tikehau Capital source
GP Jen Braswell, Global Head of Impact for Private Markets — M&G Investments source
GP Adam Fitzner, Managing Director and Strategic Portfolio Partner — Star Mountain Capital source
GP Robert Rdzak, Managing Director, Consultant Relations — Nuveen Private Capital source
GP Gauravjit Singh, Managing Partner and Global Head of Capital Formation — NIIF source
Placement Harry Bromley-Davenport, Partner — Taproot Capital source
Advisor Tom Weizenegger, Chief Investment Officer — 1834 (Old National Bank) source
GP Alex Kurland, Growth Investment Practice Lead — Menlo Ventures source
GP Jeremy Goldberg, Managing Director and Chief Investment Officer — Covenant Capital Group source
GP Troy Randolph, Chief — Sport Group source
GP Jeff Pacini, Director — Green Sports Alliance source
GP Vanessa Benladj, fundraising — Maya Capital source
While spin-out sourcing and diligence can be challenging, there is significant upside when you back the right managers early in their firm-building journey, says Taproot Capital’s co-founder and CEO,
Good morning, Nina Lindholm here with the Europe Wire from the London newsroom. Facilities management has many appealing qualities for private equity: recurring demand and protection from disruption c
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Mubadala has agreed a significant minority investment in Chinese coffee chain Luckin Coffee alongside existing controlling shareholder Centurium Capital in a transaction with an aggregate value of app
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Abu Dhabi Investment Authority has increased its target allocations to both private equity and hedge funds as the roughly $1tn sovereign wealth fund looks to capture opportunities from a recovery in b
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Healthcare specialist ARCHIMED has more than doubled the size of its small-cap flagship strategy after closing MED IV at its €1.5bn hard cap, following demand for roughly three times the available cap
EIG has nearly doubled the size of its senior infrastructure debt fund series with a $1.9bn final close for its sixth vehicle, taking total capital raised across the strategy's latest fundraising to $
CEECAT Capital has reached a €135m first close for its third Emerging Europe-focused private equity fund after securing €80m of combined commitments from the European Investment Fund and European Bank
New York investment firm Luma Group has closed its debut life-sciences venture fund on $410m, in the wake of securing its first portfolio-company exit through Eli Lilly’s acquisition of Vaccine Compan
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The $23bn public pension is mulling commitments to two funds from Capricorn Investment Group and two funds from JSL Health Capital.
Egypt-based fintech Zeal has raised $10 million in a new funding round, bringing its total funding to $14 million. The company did not disclose the investors participating in the round. Founded i
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The pension fund plans to increase its private credit allocation at the expense of its overweight private equity assets.
UAE-based AI-powered e-commerce startup Keep Converting has raised $2 million in a pre-seed round led by Nuwa Capital and COTU Ventures as the company emerges from stealth. Founded in 2025 by Mohammad
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Continuation vehicles allow VCs to hang on to a prized asset and deliver liquidity to their investors
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Sylebra Capital Raises $277 Million for Inaugural Equity Capital Solutions Fund Business Wire
| Name | events | $ |
|---|---|---|
| Minnesota SBI | 392 | $123.7B |
| NYC NYCERS | 391 | $44.5B |
| NYC TRS | 368 | $36.5B |
| NYC Police | 342 | $23.3B |
| Ohio SERS | 167 | $10.7B |
| Lacera | 135 | $23.6B |
| NYC Fire | 130 | $6.4B |
| Illinois IMRF | 95 | $19.7B |
| Aware Super | 80 | $12.2B |
| NZ Super | 60 | $8.8B |
| Name | strategy | $ |
|---|---|---|
| Oaktree | — | $75.0B |
| Active | private equity | $43.3B |
| Advent Partners GPE XI-C | Private Equity Fund | $25.9B |
| KKR | — | $23.0B |
| Blackstone | — | $20.3B |
| Sculptor Overseas Fund II, Ltd. | Hedge Fund | $17.1B |
| TPG | — | $17.0B |
| JPMorgan Core Bond Trust | Other Investment Fund | $15.8B |
| EQT | — | $15.6B |
| Partners Group | — | $15.0B |
| Year | Total | Cross-border | Share |
|---|---|---|---|
| 2026 | $3.8T | $356.4B | 9% |
| 2025 | $586.0B | $166.3B | 28% |
| 2024 | $406.5B | $187.7B | 46% |
| 2023 | $165.5B | $47.9B | 29% |
| 2022 | $190.6B | $115.5B | 61% |
| 2021 | $197.8B | $60.9B | 31% |
| 2020 | $54.3B | $21.4B | 39% |
| 2019 | $4.8B | $277M | 6% |
| 2018 | $3.2B | $617M | 20% |
| 2017 | $1.8B | $440M | 25% |
| 2016 | $2.1B | $777M | 38% |
| 2015 | $1.3B | $169M | 13% |
| 2014 | $1.3B | $219M | 17% |
| 2013 | $2.8B | $350M | 12% |
| 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% |
50 private-commitment allocators + 90 institutional filers (13F holdings) across 20 countries — plus 7,829 GP/managers and 7,508 funds, all from public filings.
Sovereign wealth Abu Dhabi Investment Council (AE), 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), APG (abp) (NL), Alecta (SE), 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 Fire (US), NYC NYCERS (US), NYC Police (US), NYC TRS (US), New Jersey DOI (US), New Mexico SIC (US), New York State Common Retirement (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), Fukoku Mutual Life (Japan) (JP), Manulife (CA), Nan Shan Life (Taiwan) (TW), Nippon Life (JP), Prudential plc (GB), Storebrand (NO), Sumitomo Life (Japan) (JP), Sun Life (CA), Swiss Re (CH), Tokio Marine (JP), Zurich Insurance (CH)
Other ADIA, AIIB, Ameriprise Financial, BII, Chan Zuckerberg, Chubb, DEG, EBRD, Elo Mutual Pension, FinDev Canada, Finnfund, Future Fund, GIC, Generali, HKIC, Harvard Management, IFC, Korea Investment Corp (KIC), Korea Post, Kwap, Lincoln National, MassMutual, Mizuho, NZ Super, New York Life, Nomura Holdings (Japan), Norfund, Norinchukin Bank, OCBC (Singapore), Ohio STRS, Pacific Life, Principal Financial, Proparco, Prudential Financial, QIA, Royal London, Sifem, Stanford Management, Sumitomo Mitsui DS Asset Mgmt (Japan), US DFC, Voya Financial, 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), Pennsylvania State 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), Wellcome Trust (GB)
Asset manager Mirae Asset (Korea) (KR)
Sources SEC 13F · US public pension · SEC Form D · Korea DART (5% rule) · Super-fund holdings (Australia) · Ifc · Super-fund holdings (Australia) · Bii · Ebrd · Proparco · Dfc · Sifem · Google News · Deg · Norfund · Google News