September saw continued momentum across Epic Funds’ partner network, marked by new firm launches, strategic fund closings, key hires, and capital formation initiatives. This month’s roundup features updates from Alterra, Apollo, Blue Owl, Canopius, Collaborative, Hark Capital, Pennybacker and Post Road Group—reflecting ongoing strength across real assets, digital infrastructure, insurance, and private credit.

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Alterra: A vertically integrated real estate company focused on deploying institutional discretionary capital to acquire and develop industrial outdoor storage (IOS) throughout the United States and Canada.

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Alterra IOS acquired its twelfth site located near Chicago O’Hare International Airport. The 2.8-acre property contains 35,000 square feet of warehouse and office space and is currently fully leased to a leading heavy-duty truck services firm. The location offers direct access to major transport corridors throughout Chicago and the greater Midwest. Read More>>>

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Apollo: An American alternative asset manager with investment platforms spanning credit, private equity and real assets.

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Apollo received the greenlight from regulatory authorities to launch three new evergreen, semi-liquid European Long-Term Investment Funds (ELITFs). The vehicles will focus on European direct lending, global multi-asset credit, and private companies globally. These additions bring Apollo’s Luxembourg product offerings to eight evergreen products, reinforcing the firm’s wealth platform momentum, reporting $9bn in inflows across 18 strategies in H1 2025. Read More>>>

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In Asia, Apollo has pivoted its focus to asset-backed finance after raising $7bn from Asian wealth clients since 2022. Edward Moon, Partner and Head of Asia Pacific Global Wealth Management, stated there’s a $20tn market that has “massive white space.” The open-ended asset backed strategy has already announced Australia’s Channel Capital as a partner in this endeavor. “We are only just getting started. We will have five [total]  APAC distribution partners by the end of the year,” said Moon. Read More>>>

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Blue Owl Capital: Blue Owl Capital is an alternative asset manager that provides private capital solutions and invests across three multi-strategy platforms: credit, real assets, and  GP strategic capital.

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Blue Owl announced a partnership with the Qatar Investment Authority (QIA) to establish a digital infrastructure platform focusing on hyperscale data centers. The joint venture will launch with over $3bn in initial assets and aims to address the growing demand for cloud and AI computing infrastructure. As of June 2025, Blue Owl’s Digital Infrastructure strategy has raised $39 bn and invested in over 100 facilities across 28 global markets. Read More>>>

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Additionally, Blue Owl unveiled the Blue Owl Alternative Credit Fund (OWLCX)—its first interval fund providing individual investors access to alternative credit opportunities. OWLCX invests in diversified credit assets backed by contractual cash flows from both financial and real assets and has secured $850mm of capital globally. Read More>>>

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Canopius: Canopius is a global specialty and property & casualty (re)insurer with offices in the UK, the US, Bermuda, Singapore and Australia.

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Canopius has appointed Ray Wong as Energy Underwriter in Singapore. Wong brings over 14 years of underwriting experience in the energy sector and previously led offshore and upstream portfolios at Lancashire Insurance Company. His appointment supports Canopius‘ continued growth and technical leadership in specialty energy risk. Read More>>>

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Hark Capital: Hark Capital provides non-dilutive fund finance solutions with a focus on NAV-based and management company facilities to financial sponsors.

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Hark Capital closed a $50mm NAV facility with Pharos IV-A, a middle-market private equity fund specializing in healthcare investments. The proceeds will support both new and existing portfolio investments. “This transaction underscores Hark‘s commitment to supporting enduring middle-market franchises,” said Rafael Castro, Partner at Hark Capital. Read More>>>  

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Pennybacker Capital Management: Pennybacker is an alternative investment manager focused on private equity investments in commercial and multi-family residential real estate.

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The firm completed the final close of its inaugural infrastructure fund, Pennybacker Critical Infrastructure Partners I (PCIP I), with over $430mm in primary capital commitments and $285mm in co-investment capital, bringing total platform-level commitments above $700mm. PCIP I targets lower-to-middle market, value-add equity investments in infrastructure businesses characterized by hard assets and contracted cash flows. Pennybacker described the close as a ”pivotal milestone,” reflecting sustained investor appetite for resilient infrastructure strategies. Read More>>>

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Post Road Group: An alternative investment advisory firm focused on private credit and private equity investments in digital infrastructure, telecommunications, media, business services, real estate and specialty finance.

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Post Road Group has entered a definitive agreement to sell its digital infrastructure platform to Future Standard, an $86bn asset manager based in Philadelphia. Following the transaction, Post Road will concentrated exclusively on its real estate investment strategies comprising commercial real estate credit, opportunistic and value-add multifamily investments, and ground-up developments. The firm's real estate platforms currently manage more than $1.5bn, led by Managing Partners Kevin Davis and Jason Carney. Read More>>>

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