Turenne Capital Partenaires has held a first close after gathering €60m in commitments for its Emergence ETI fund.
The vehicle, which targets SMEs with a turnover within the €20-100m range, is targeting €100-150m in total commitments for its final close. Turenne Capital currently has offices in Paris, Lyon, Lille...
Venture capital firms originally invested in the company in 2011 and 2014 respectively
Fund manager Quaestus exits its stake in the Croatian business after an eight-year holding period
Proposed deal for the aluminium profiles manufacturer comes just two years after Advent's acquisition
Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year