Investor Lists

PE firms backing Construction

Updated 7 November 2026

PE firms we have observed in a construction round in the last two years.

See all 197 →The top 25
197investors on the list+1 this week
1,745cheques in 12 months+19% against the market
$81Mmedian round they joined+915% against the market median
91%wrote a cheque in 12 months
57%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

  1. 1GaingelsDeploying nowPrivate equity · United States1,010$8Mmedian roundOct 2026last seen
  2. 2Goldman SachsDeploying nowPrivate equity · United States758$73Mmedian roundOct 2026last seen
  3. 3CitibankDeploying nowGrowth equity · United States566$20Mmedian roundOct 2026last seen
  4. 4Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  5. 5IDG CapitalDeploying nowPrivate equity · China504$25Mmedian roundOct 2026last seen
  6. 6DCM VenturesDeploying nowPrivate equity · United States433$16Mmedian roundAug 2026last seen
  7. 7RA Capital ManagementDeploying nowPrivate equity · United States395$93Mmedian roundNov 2026last seen
  8. 8Morgan Stanley Investment ManagementDeploying nowPrivate equity · United States288$56Mmedian roundOct 2026last seen
  9. 9HSBCDeploying nowGrowth equity · United Kingdom234$45Mmedian roundOct 2026last seen
  10. 10TPGDeploying nowPrivate equity · United States205$91Mmedian roundNov 2026last seen
  11. 11TCVDeploying nowPrivate equity · United States200$100Mmedian roundOct 2026last seen
  12. 12K5 GlobalDeploying nowPrivate equity · United States199$11Mmedian roundOct 2026last seen
  13. 13Franklin TempletonDeploying nowPrivate equity · United States198$64Mmedian roundNov 2026last seen
  14. 14Janus Henderson InvestorsDeploying nowPrivate equity · United Kingdom178$115Mmedian roundOct 2026last seen
  15. 15DST GlobalDeploying nowPrivate equity · United Kingdom158$81Mmedian roundOct 2026last seen
  16. 16BondDeploying nowGrowth equity · United States154$47Mmedian roundSept 2026last seen
  17. 17T. Rowe PriceDeploying nowPrivate equity · United States136$400Mmedian roundNov 2026last seen
  18. 18JMI EquityDeploying nowPrivate equity · United States116$50Mmedian roundSept 2026last seen
  19. 19ApolloDeploying nowPrivate equity · United States114$55Mmedian roundOct 2026last seen
  20. 20WndrCoDeploying nowPrivate equity · United States114$15Mmedian roundSept 2026last seen
  21. 21S2G InvestmentsDeploying nowGrowth equity · United States102$16Mmedian roundOct 2026last seen
  22. 22Blackstone GroupDeploying nowPrivate equity · United States98$200Mmedian roundSept 2026last seen
  23. 23GICDeploying nowPrivate equity · Singapore92$200Mmedian roundOct 2026last seen
  24. 24MubadalaDeploying nowPrivate equity · United Arab Emirates91$80Mmedian roundSept 2026last seen
  25. 25AlibabaDeploying nowGrowth equity · United States83$150Mmedian roundOct 2026last seen
172 more on this list

All 197 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

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Quick answers about PE firms backing Construction

Who are the most active PE firms backing Construction?

By cheques observed, the most active are Gaingels, Goldman Sachs, Citibank, Pioneer Fund and IDG Capital.

How many PE firms backing Construction are there?

197 are on record. 91% made an investment in the last 12 months and 57% have led a round.

Which stages do PE firms backing Construction back?

Of the rounds with a named stage in the last 12 months, mostly Debt (22%) and Series A (18%).

How big are the rounds PE firms backing Construction join?

The typical (median) round among the leading investors here is $56M.

Which sectors do PE firms backing Construction back most?

In the last 12 months, mostly AI, Biotech and Fintech.

Which PE firms backing Construction lead the most rounds?

Goldman Sachs (22 led), TCV (17 led) and GIC (17 led).

Where are PE firms backing Construction based?

Among the most active, most are based in the United States (19), the United Kingdom (3) and China (1).

What have PE firms backing Construction invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Soter Insure (Series B, Nov 2026, with Franklin Templeton) and Pure Data Centres Group (Debt, Nov 2026, with Allianz Global Investors).

Built from the rounds we watched, refreshed every night. How we count · Report a correction