Weekend Roundup: Leading Fundraising Headlines in Private Equity Sector

HSBC Asset Management has launched a new private equity strategy aimed at high-net-worth investors, targeting to raise $500m from wealthy clients across the UK, Europe, Asia, and the Middle East over the next year. The minimum commitments for this fund start at $25,000, varying by jurisdiction.

The fund invests in secondary deals and co-investments sourced from various general partners, focusing on positions in around 10,000 companies with a net asset value of $477m.

Meanwhile, Morphosis Capital Partners has completed the final close of its second growth capital fund at €130m, surpassing its initial hard cap. The fund, which attracts a diverse range of commitments from Europe, Romania, Western Europe, institutional investors, family offices, and entrepreneurs, has already surpassed its initial hard cap.

The success of Morphosis Capital Partners' growth capital fund is evident, having attracted a significant amount of investment, including over €50m in entrepreneurial capital from Romanian and Western European business founders. Notable investors include the European Bank for Reconstruction and Development (EBRD), the European Investment Fund (EIF), and the International Finance Corporation (IFC).

The Morphosis Capital Partners' growth capital fund offers investors access to co-investments and secondaries across a globally diversified portfolio. The fund's initial commitments have come from a variety of sources, demonstrating its broad appeal.

Elsewhere, Neuberger Berman's broader private markets platform completed $17.5bn of commitments in 2024, with their NB Global Private Equity Access Fund surpassing $1bn in assets under management. The fund provides investors with access to co-investments and secondaries across a globally diversified portfolio.

In conclusion, the private equity landscape continues to evolve, with HSBC and Morphosis Capital Partners leading the charge in the UK, Europe, Asia, and the Middle East. The success of these funds underscores the growing interest in alternative investment opportunities among high-net-worth individuals and institutional investors alike.