Fundraising rebounds: Advent raises $30 billion across its fund complex, including close to $27 billion for flagship GPE XI

Institutional allocations: India weighs opening its $180 billion National Pension System to private markets

Market developments: UK regulator FCA finds private market firms vary in how well they manage conflicts of interest

AP Ventures Fund III ($300M): UK-based early stage VC fund focused on industrial and energy tech, third fund.

Nclude Fund ($112M): UK-based VC fund focused on fintech, anchored by Banque Misr, National Bank of Egypt and Banque du Caire.

Entourage Fund II ($112M): Belgium-based seed VC fund focused on artificial intelligence, robotics and deep tech, second fund.

HC Partners Fund III ($112M): Netherlands-based buyout private equity fund, third fund.

Auriga Cyber Ventures II ($89M): France-based pre-seed VC fund focused on cybersecurity, second fund.

Aquiti Venture Amorçage 1 ($67M): France-based seed VC fund, debut fund.

Z_One Fund ($38M): Italy-based seed VC fund focused on AI applications and urban tech, anchored by CDP Venture Capital, Lazio Innova and Compagnia di San Paolo.

Inveready Searchers I ($21.7M): Spain-based private equity fund focused on search funds buying small and mid-sized businesses, debut fund.

Advent International GPE XI ($27B): US-based buyout private equity fund, 11th fund.

Disruptive Flagship Fund ($10B): US-based growth VC fund focused on artificial intelligence and defense, debut fund.

Advent Mid-Market Private Equity Fund ($3B): US-based mid-market buyout private equity fund, debut fund.

TPG Emerging Companies Asia ($1.3B): US-based growth private equity fund focused on mid-sized companies in Asia, debut fund.

U&I Ventures Fund I ($32.2M): US-based seed VC fund focused on AI infrastructure security, debut fund.

Charism Capital Fund ($25.4M): US-based fund of funds focused on impact, anchored by Benedictine Sisters of Erie, Conrad N. Hilton Fund for Sisters and Loyola Foundation.

Mettle Capital Fund I ($350M): India-based VC fund, debut fund.

Tanmiya Capital Fund II ($130M): Egypt-based growth private equity fund focused on small and mid-sized businesses, second fund, anchored by European Investment Bank, EBRD and MSMEDA.

BY Venture Partners Fund III ($60M): United Arab Emirates-based pre-seed VC fund focused on artificial intelligence, third fund, anchored by Dubai Future District Fund.

Phaze Ventures Fund II ($40M): Oman-based early stage VC fund focused on artificial intelligence, second fund, anchored by ITHCA Group, Ominvest and Oman LNG Development Foundation.

European Investment Fund: Fund of funds manager in Luxembourg with 8 identified VC, Growth and PE fund commitments in the last six months.

British Business Bank: Government agency in Sheffield, UK with 7 identified VC, Growth and PE fund commitments in the last six months.

Sofina: Investment company in Brussels, Belgium with 4 identified VC, Growth and PE fund commitments in the last six months.

New Mexico State Investment Council: Sovereign wealth fund in Santa Fe, US with 6 identified VC, Growth and PE fund commitments in the last six months.

CalPERS - California Public Employees' Retirement System: Public pension fund in Sacramento, US with 4 identified VC, Growth and PE fund commitments in the last six months.

Washington State Investment Board: Public pension fund in Olympia, US with 4 identified VC, Growth and PE fund commitments in the last six months.

Industrial Bank of Korea: Bank in Seoul, South Korea with 6 identified VC, Growth and PE fund commitments in the last six months.

K-Growth: Private equity fund of funds manager in Seoul, South Korea with 5 identified VC, Growth and PE fund commitments in the last six months.

Development Bank of Japan: Private equity firm in Tokyo, Japan with 4 identified VC, Growth and PE fund commitments in the last six months.

CIBC: Bank in Toronto, Canada with 2 identified VC, Growth and PE fund commitments in the last six months.

Fonds de Solidarité des Travailleurs du Québec: Investment company in Montreal, Canada with 2 identified VC, Growth and PE fund commitments in the last six months.

HESTA: Superannuation scheme in Melbourne, Australia with 2 identified VC, Growth and PE fund commitments in the last six months.