Funds
Notion IV to close in 2020 above £125m target
LPs in the fund include Nuclear Liabilities Fund, Pentland Group, Pool Reinsurance Company and Pruger
Kindred's second fund closes on £81m
Kindred is currently projecting that around €5.4m will be returned to founders from Kindred I
Ardian Expansion V closes on €2bn
Launched in January 2020, the fund's original target was €1.5bn - already 50% larger than its predecessor
Anima Alternative launches €200m direct lending fund
Fund will deploy financing to support the recovery and expansion of Italian SMEs operating in a wide range of sectors
Clean Growth Fund to close in 2021 on £150m hard-cap
Typical equity cheques will start at £500,000-3m for any initial investments
Talde launches €150m fund
Fund targets Spanish companies operating in a wide range of sectors, with revenues in excess of €20m
Equita Private Debt II holds €100m first close
Fund invests in senior unitranche and subordinated bonds in sponsor-led transactions
Sagard NewGen holds first close for €300m first fund
Fund invests in majority and minority stakes of European companies with revenues of up to €150m
HIG European Capital Partners III sets target on €1bn
GP is also fundraising for HIG Europe Middle Market LBO Fund, which has a target of €2bn
Yotta holds first close on €101m for Smart Industry Fund
Vehicle has a target of more than €120m and has received commitments from BPI France and EIF
Secondary market update: coming out of hibernation
After a pause in activity, the market is gearing up for a busy final quarter, says Rede Partners' Adam Turtle
Anthemis venture fund to hold final close before H2 2021
To date, AIVGF I has secured backing from a number of investors such as Nürnberger
J&T eyeing CZK 1bn initial close for J&T Investments fund
Fund has an open structure, enabling investors to subscribe or redeem any time
Dawn closes fourth fund on $400m hard-cap
Dawn Capital III closed on £165m in April 2018 and has now made its final initial investment
Bridgepoint Development Capital IV hits £1.5bn hard-cap
Fund exceeds its £1bn target after around eight months on the road, Unquote understands
Superhero Capital to hold €40m final close by end of 2020
VC firm's new fund will be double the size of its previous fund, which is now fully invested
DPE Deutschland IV holds final close on €1bn
Fund will remain focused on Mittelstand buyouts and is the largest vehicle raised so far by the GP
FIEE holds €127.5m first close for second fund
Fund targets the energy efficiency, renewables, lighting, co-generation, pollution control and smart city sectors
British Business Investments commits €75m to Isomer II
Isomer II will be targeted at early-stage venture capital managers across Europe
Muzinich Pan-European Private Debt II holds €210m first close
Fund provides capital to lower-mid-market companies to fuel their growth and finance their expansion strategy
Access holds first close for co-investment fund on €300m
At first close, the co-investment fund has five or six existing, institutional investors as LPs
Claris Biotech I holds €30m first closing
Fund targets early-stage rounds across the biopharmaceutical industry, focusing on oncology, immunology and rare diseases
SwanCap holds final close for Swan IV
Co-investment fund closed on €303m, surpassing its €250m target, and the GP has now launched Swan V
Beechbrook to close Ireland Fund in Q4, credit fund in 2021
Beechbrook is also looking to raise its next flagship vehicle, Beechbrook Private Debt IV
