Summit Partners has made a significant growth investment in RIS Rx, a healthcare technology company aiming to reduce pharmaceutical revenue leakage.

Benelux-focused buyout house Gilde Equity Management has hit a €600m hard cap close for its sixth flagship fund, equalling the size of its predecessor vehicle.

Czech investor Orbit Capital has hit a €70m first close for its second fund targeting venture debt deals, putting it well on the way to its €100m target.

Nuveen investment arm Churchill Asset Management has raised $1.5bn for its oversubscribed second co-investment fund - making it almost 3.5x the size of its predecessor.

Alternative credit manager NorthWall Capital has brought its assets under management to €2.9bn through the first closes of its latest flagship credit opportunities and legal assets funds.

Rothschild & Co investment arm Five Arrows has teamed with Stepstone to lead a €300m continuation fund for software investor BID Equity.

Silicon Valley and Japan-based investor Geodesic Capital has hit a $250m first close for ia first of its kind venture capital fund aimed at advancing the US-Japan alliance.

Kayne Anderson's real estate private equity arm has closed its second opportunistic debt fund on almost $1.7bn, pushing past its original $1.5bn target.

Beauty giant L'Oréal has bought into Inflexion portfolio business Medik8, a British skincare brand.

KKR has agreed to buy Australian renewable and thermal power producer Zenith Energy from a consortium including Pacific Equity Partners, OPSEU Pension Trust and Foresight Group.

Private credit remains the top pick for LPs looking to increase their allocations, the latest Coller Capital Global Private Capital Barometer shows.

B2B software and managed IT services investor Pride Capital Partners has hit a first close for its third fund, putting it nearly halfway to its €150m target.