Illiquid equity investments in companies are a long-established investment alternative to listed shares, characterized by special value adding strategies.
A study by Ocorian shows that private equity fund managers are primarily opting for hybrid and evergreen structures when launching new funds. New distribution channels are driving the change; fee structures are becoming more performance- and tier-based. Inflows are rising, particularly from pension funds.
Investor Hg is deepening its collaboration with Anthropic and wants to use Claude's agentic functions across the portfolio. The initiative builds on projects that have been in place since 2024 – over 1,600 projects with a planned EBITDA effect of around USD 260 million.
Phase0 has closed a seed extension financing round of EUR 2.6 million. The lead investor is Realyze Ventures; Albert Achammer (ATP) and Ershad Jamil (ex-ServiceTitan) are participating as business angels. The capital will flow into the expansion of AI agents for architecture and engineering firms.
Altaroc Partners starts its activities in Germany and opens an office in Munich. Country Head Germany & Austria is Djamina Grimm. After expanding into Switzerland and Italy, the private equity specialist is thus driving forward its European growth strategy.
Dream and Dream Industrial REIT are acquiring British industrial real estate developer and manager Chancerygate. Purchase price around £78 million plus £25 million for projects; Closing planned for August 2026. The combined platform comprises approximately 27 million sq ft in nine countries.
Beyond Capital Partners Fund III acquires a stake in Feldhoff & Cie. Holding GmbH. The closing took place in July 2026. Together, growth, acquisitions and operational improvements are to be driven forward; the management remains on board, Paul Jörg Feldhoff continues to lead the group.
Eurodia Industrie receives €18 million from Starquest Capital and Yotta Capital Partners as a minority stake. The capital supports scaling, larger industrial projects and international expansion. Both investors invest through SFDR Article 9 funds.
Realyze Ventures has completed another closing and is gaining additional industry partners and family offices with WISAG and The Bau Ventures. The fund is thus strengthening its sector-driven investor ecosystem and accelerating the scaling of startups across construction, real estate and energy.
Primevest is launching a European mobility infrastructure fund. The fund aims for EUR 500 million in equity and around EUR 1 billion in investment capacity including leverage. It opens up institutional access to locations where vehicles stop, park, charge and network.
Ypsilon expects more continuation funds in the next 18 months. The reasons are difficult exit markets and longer holding periods; GPs use the vehicles to provide liquidity to LPs and leverage value potential. Institutional investors are showing strong interest, some with thematic funds.
Wermuth Asset Management is participating in two growth financing projects through its funds: around 34% in The Mobility House and around 25% in Ellona. Strategic investors support the next growth steps; WAM took over the structuring of the rounds.
The pension fund of the cooperative organisation VVaG (PKGeno) is taking a stake in Berlin-based NULLCOZWEI GmbH, which develops geothermal and energy infrastructure projects. PKGeno is thus expanding its commitment to sustainable infrastructure; the first steps towards a joint strategy have begun.