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Vista Equity Partners to Acquire Majority Stake in Nexthink at $3B Valuation 

Direct Investment | November 12, 2025

Vista Equity Partners has agreed to acquire a majority stake in Nexthink, a leading provider of employee experience management software, in a transaction valuing the Swiss-American company at approximately $3 billion. The investment underscores Vista’s continued conviction in mission-critical enterprise software and digital productivity solutions.  The deal adds to Vista’s busy year of software transactions, following its reported $2.9 billion exit from ...

Morningstar to Launch First Comprehensive Indexes for U.S. Evergreen Funds 

Alternative Assets | November 12, 2025

Morningstar, Inc. announced plans to launch the Morningstar PitchBook US Evergreen Fund Indexes, a first-of-its-kind benchmark suite designed to evaluate the performance of non-traded “semiliquid” or “evergreen” private market vehicles. The initial set of indexes is expected to be available in Q1 2026, offering investors standardized tools to compare evergreen funds with public market alternatives—and with one another.  The ...

Manulife | CQS Raises $1.1B for Third European Bank Regulatory Capital Fund 

Alternative Assets | November 12, 2025

Manulife | CQS Investment Management (MCQS) has closed its third regulatory capital relief fund with $1.1 billion in commitments, extending a ten-year track record of partnering with European banks seeking balance-sheet optimization. The capital raise—across the Manulife CQS Regulatory Capital Relief III Fund and separately managed accounts—continues the firm’s strategy of providing capital relief through structured transactions backed by high-quality loan portfolios.  ...

Morgan Stanley, GSA Close $1B Student Housing Deal Across Top U.S. University Markets 

Alternative Assets | November 12, 2025

Morgan Stanley Investment Management, through its Morgan Stanley Real Estate Investing (MSREI) arm, and Global Student Accommodation (GSA) have completed a $1 billion-plus acquisition of eight premier student housing assets from a joint venture between Abu Dhabi Investment Authority’s (ADIA) wholly owned subsidiary and Landmark Properties.  The portfolio spans seven U.S. states and serves leading universities ...