Funds
OTB Ventures closes debut fund on $100m
Fund deploys equity tickets of up to $15m in technology startups based in central and eastern Europe
Atomico closes fifth-generation fund on $820m
Atomico V is the largest of any Europe-based venture fund in 2020, according to Unquote Data
Vertis to launch €120m fifth VC scaleup fund
Fund will target companies with revenues of at least €5m, operating in a wide range of innovative sectors
NB Renaissance Partners III close to hitting €1bn target
Fund acquires majority stakes in Italian mid-market companies operating in a wide range of sectors
KKR closes Global Impact Fund on $1.3bn
Fund targets lower-mid-market companies in the Americas, Europe and Asia, which contribute to sustainable development
August Equity Partners V closes on £300m, acquires Air IT
Fund held a first close in December 2019 on almost £200m and closed on its hard-cap of £300m
Nexxus Iberia closes first Spanish fund on €170m
Fund targets investments in Spanish companies with potential to be expanded into Mexico and the US
Montefiore raises €1bn through two new funds
Montefiore Investment V targets French mid-market companies operating in the services sector
Oxx holds $133m final close for debut fund
Venture fund held a first close on $100m in May 2018 and will focus on B2B software companies
Women Equity Partners launches debut fund
Fund will follow a data-backed investment strategy, targeting women-led SMEs in France
INVL closes Baltic Sea Growth Fund on €165m
Fund's predecessor, Invalda INVL, recorded an average 27% gross IRR and 2.4x money
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
HarbourVest and Vanguard agree strategic partnership
Strategic partnership will see new PE funds raised annually to be accessed by Vanguard clients
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
VR Ventures announces €40m first close for debut fund
Fund is backed by banks including Berliner Volksbank and will focus on financial and property technology
GPF Capital closes third buyout fund on €300m
Fund targets SMEs operating in a wide range of sectors and generating EBITDA in excess of €3m
Amundi PEF nears first close for Megatendances II fund
Megatendances II is being marketed to both retail and institutional investors
Ion Pacific targets $150m for VC secondaries fund
Firm focuses on direct secondaries and LP interests in VC funds, as well as GP recapitalisations
Stirling Square closes fourth fund on €950m
Fund targets buyouts in European mid-market companies with enterprise values of €50-500m
Apax France closes Apax Development Fund on €255m
Launched in Q4 2017, the small-cap and lower-mid-market fund surpassed its €225m target
ICG closes third secondaries fund on $2.4bn
ICGSE III targets secondaries transactions, with a primary focus on complex fund restructurings
BPI France to hold first close for Silverlake fund - reports
The fund, which has a target of more than €10bn, will be backed by third-party money
GreyBella Capital to launch new fund by mid-2020
Fund targets series-A and -B rounds in companies operating in life sciences and complex technologies
Gyrus announces new deal, appoints Tobin as partner
Gyrus Capital announces the buyout of Essential Pharma and adds to its team ahead of a new round of fundraising
