Funds
Early-stage investor Antler closes Nordic fund on €29.6m
Fund was oversubscribed and includes Draper Esprit, Kistefos, Vækstfonden and Investinor as LPs
Livingbridge reaches £1.2bn mark for seventh fund
Partner Fiona Dane recaps the fundraising effort, which is double the size of its predecessor, with Harriet Matthews
Eurazeo launches PME IV Fund
Eurazeo's PME arm deploys equity tickets of €20-100m, focusing on French mid-market businesses with EV of €50-200m
Taaleri prepares bioindustry-focused fund launch
Fund will typically invest €5-25m and will look at both majority and minority situations
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
Capza 5 Flex Equity Fund closes on €700m
Fund offers flexible financing that combines majority and minority equity, convertible bonds and mezzanine
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
Airbridge Investments contemplates new fundraise
Fund could tap family offices and wealthy individuals, while the VC's founders have so far invested their own capital
YielCo holds closes for PE and co-investment funds
YielCo Special Situations Europe II is targeting €300m; YielCo Defensive Investments targets €150m
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
Xenon closes small-cap fund on €85m
Xenon Small Cap Fund is dedicated to investments in Italian companies generating EBITDA of up to €3m
Golding makes hires for new impact investing team
Fund-of-funds manager is to launch its first impact fund in H2 2021, having hired the team of Sonanz
Gyrus holds close for Gyrus Investment Program
Program comprises Gyrus Principal Fund and its co-investment Cortex fund; it has a €400m hard-cap
Amadeus V Technology Fund closes on £110m
Fund invests in seed and series-A startups specialised in science and engineering-led innovation
Flexstone reaches $322m second close for co-invest fund
Firm is gearing up to announce a fourth co-investment deal for Global Opportunities IV in May
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its €6.5bn predecessor
Capza closes fifth debt fund on €1.6bn, prepares new launch
Fund invests in SMEs with EBITDA of more than €12m, providing unitranche and mezzanine
FlyCap targets €25-35m for mezzanine fund
Latvian government's development finance institution Altum commits around 60% of the fund
Endeit Capital holds final close for third fund on €250m
Fund II closed on €125m in 2016; Fund III will continue to invest scale-up capital in European startups
Cap Grand Ouest 3 holds first close
Fund makes its first investment by acquiring a minority stake in healthcare consultancy Helpévia
LeadBlock plans €100m second close for blockchain fund
Fund held a first close on €10m in March this year and will invest at the seed and series-A stages
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
