I, I, Captain
iCapital Surges to $7.5B Valuation with $820M Raise, Fueling the Future of Alternative Investing
Blackstone’s Paris Ambition
Chocs away! It’s an old expression and one that signals the start of a new journey, which is what Blackstone will be hoping for as they bid to buy the CityQuartier Trocadéro building in Paris. Over a century old and set in a prime location in the city’s 16th arrondissement near the Arc de Triomphe, the trophy asset comes with a price tag of EUR800 million.
Yield Over Yachts
Single family offices are laying down the foundations to increase their exposure to private credit while also add new exposure to infrastructure, as they look to diversify beyond private equity. According to the BlackRock Global Family Office Report 2025, 32% of family offices surveyed are favouring private credit, while 32% said they plan on either increasing or adding new exposure to infrastructure as sectoral trends, such as building data centres in response to the AI boom, continue to gain traction.
Ex-seeding Expectations
$2B funding, soaring to a $10B valuation before launching a product…
Toodle PIP
Steered with grace. And expertise. Pantheon International (PIP) partner Helen Steers MBE, is set to retire at the end of 2025. The news was announced by the board of PIP, which Helen co-leads alongside Charlotte Morris. Charlotte is a partner in Pantheon’s global secondaries team and a member of the firm’s secondaries investment committee.