Several investment firms have recently closed substantial fundraising rounds, reflecting continued investor interest in private equity, venture capital, and specialized funds focused on Asia and U.S.-Japan relations. Churchill Asset Management raised $1.5 billion for its second co-investment fund, reaching the firm's upper limit for this vehicle. BharCap Partners secured over $1 billion for its second fund and co-investment vehicles despite challenging fundraising conditions. Venture capital firm Geodesic Capital raised $250 million for a fund dedicated to strengthening the U.S.-Japan alliance, launched by a former U.S. envoy to Japan. Seed to Sunflower, led by founder Liu Jiang, closed its Fund II at $150 million, bringing its total assets under management to $250 million, with limited partners including ScreenDoor VC, Dana-Farber, and Industry VC. Ares Management closed its inaugural $2.4 billion data center development fund in Japan and is also raising an Asia special situations fund to enhance its credit investments in the region. Apollo's Asia Pacific head, Matthew Michelini, highlighted positive private credit spreads in Asia and identified opportunities in Japan, Australia, and Southeast Asia, with plans to expand its affluent team and consumer engagement in Japan.