Luxembourg’s sovereign wealth fund has joined the LP club by making its first foray into private markets to the tune of EUR112 million. The Fonds souverain intergénérationnel du Luxembourg (FSIL) plans to focus on defence and technology sectors, potentially holding EUR100 million in private equity investments by 2030.
Private equity’s universe keeps expanding and Bain Capital remains one of its central forces. The firm just closed its fourteenth flagship fund with $14 billion in commitments, surpassing its $10 billion target and proving there’s still gravitational pull in consistency and scale with discipline.
Private equity is getting positively charged over America’s AI power surge, with billions now flowing into utilities that keep both households and data centers lit. From New Mexico to Wisconsin, firms are plugging into the grid, betting that electrification and digitization will deliver shockingly strong returns.
Time to pack your bags: IPEM Paris 2025 is here. This year’s theme, “Winning the Long Game”, sets the stage for another high-calibre edition, with leading voices such as Lionel Assant, Global Co-CIO of Blackstone, and Valérie Baudson, CEO of Amundi, headlining the agenda.
EQT has stepped into the ELTIF arena to widen its EQT Nexus evergreen offering. The new fund, EQT Nexus ELTIF Private Equity, is the fifth fund on its evergreen platform. Under the ELTIF 2.0 regulatory framework, EQT can now plant the seeds of retail distribution, giving non-professional investors across Europe and the EEA access to EQT’s Private Capital strategies at a lower minimum investment threshold.