Texas-based VC investor Modi Ventures has hit an $88m final close for its overubscribed second fund after just three months in the market.

Blackstone is planning to invest $25bn to develop data centers and natural gas power plants to fuel them in Pennsylvania.

Veteran mid-market private equity house Oak Hill Capital is reporetedly eyeing a $3.75bn target for its seventh flagship fundraise.

Healthcare-focused private equity investor Thurston Group has reached the upsized $211m hard cap for its third fund, a hefty jump compared to its sophomore vehicle.

Eurazeo has reached a significant first close for its €1bn-targeting fourth growth fund, bringing its assets under management in the strategy to €4bn.