Funds
InvestIndustrial closes third lower mid-market fund on EUR 1.1bn
Strategy will target businesses in Italy, Spain, Portugal and Switzerland with internationalisation potential
Carbon Equity open to commitments for new impact fund with EUR 125m hard-cap
Netherlands-based fund-of-funds manager will broaden its strategy to incorporate co-investments for its second fund
CVC Credit targets EUR 7bn for new European direct lending fund
Fresh fundraise follows the EUR 6.3bn final close for the strategy's predecessor vehicle in December 2022
Kartesia’s management to take majority stake in Flexam
Pan-European capital solutions provider’s partnership with France-based fund manager will add real-asset financing to its offering
Newly launched Utopia Capital aims to deploy EUR 10m-plus by 2028
Angel investor Christian Schroeder's new investment vehicle will support early-stage tech companies addressing humanitarian issues
VC Profile: HTGF optimistic on seed stage opportunities as exit environment toughens
German seed investor secured almost EUR 500m for its fourth and biggest fund to date at a time when VC funding is slowing down
Clayton, Dubilier & Rice hires European ESG head from FTI Consulting
Hannah-Polly Williams is the second addition to the US PE firm’s ESG initiatives group in the past six months
4Impact heads for year-end close for EUR 125m second fund
Founded by ex-Goldman Sachs team, impact VC firm has made one investment from its latest fund so far
Forbion raises combined EUR 1.35bn for venture and growth funds
Ventures Fund VI closes on EUR 750m and Growth Opportunities II on EUR 600m with both upsized by over 60%
Gilde Healthcare hits EUR 600m target for Venture&Growth VI
Fund is 50% larger than predecessor thanks to “loyal” LP base; seeks late-stage deployment in medtech, digital health and therapeutics
GP Profile: Aurelius goes global with US expansion as it eyes new EUR 800m fund
German carve-out specialist is 18-24 months away from fundraising for its Fund V with EUR 750-EUR 800m target
Polaris acquires majority stake in Sealing System
GP currently deploying capital in its 2021-vintage Polaris Private Equity V with EUR 690m in commitments
VC fundraising sinks further with lowest Q1 in a decade
Eight European firms secured just over EUR 2bn in commitments in Q1 2023 as continuing uncertainty suppresses LPs’ risk appetite, but fundraising pipeline looks promising
Procuritas raises EUR 407m for PCI VII
Swedish GP's seventh fund is 28% larger than predecessor and will invest in Nordic buyouts
Alcentra revives direct lending push with multi-billion fundraising drive
Direct lender registered its fourth European fund in Luxembourg in January 2021
VC Profile: Hi Inov in pre-marketing for next fund, outlines plans to wrap up Fund II investment period
France and Germany-based early-stage investor has made 15 of its up to 20 planned investments from its EUR 100m Fund II
GP Profile: Metric Capital confident of structured capital strategy demand with multiple exits in pipeline
UK-based sponsor banks on appeal of its strategy as an alternative to private equity and debt providers
KKR holds USD 8bn European Fund VI buyout fund close with 12.5%-plus GP commitment
European Fund VI will deploy equity tickets of EUR 250m-750m in six core sectors
Infravia aims to raise up to EUR 1bn for next growth fund, eyes mid-2024 launch
French sponsor expects to raise EUR 750m-EUR 1bn for B2B tech-focused second growth fund
VC Profile: Target Global assesses B2B opportunities in final stretch of current fund deployment
Nearing full deployment for its second growth fund, pan-European VC firm outlines plans to back defensive B2B models and institutionalise its co-investment strategy and LP base
Bencis raises EUR 123m continuation fund for group of Fund IV assets
Secondary deal was led by Committed Advisors and will provide backing for future growth of four portfolio companies
EQT closes LSP Dementia on EUR 260m hard cap
Series A-focused fund exceeded its EUR 100m target and extended fundraising after increased LP interest in its strategy
Newton Biocapital heads for year-end close for second, EUR 150m life sciences fund
Belgian-Japanese VC has raised EUR 50m to date and is lining up exits from its debut fund
Armen eyes 2023 final close for debut fund after first close and stake sale
Sponsor sells 20% stake in itself to family offices as EUR 400m fundraise continues