Buyout
France Fundraising Pipeline - Q4 2020
Unquote rounds up the most notable fundraises currently ongoing in the French market across the buyout, venture and secondaries spaces
Investindustrial launches €600m China-Italy Fund
CIICF intends to support the expansion and development of Italian companies across the Chinese market
Hg closes Saturn 2, Mercury 3 and Genesis 9 on hard-caps
Proskauer provided legal advice and Rede Partners acted as placement agent for the three funds
Nordic Capital X reaches final close on €6.1bn
GP's largest fund so far took six months to raise and was oversubscribed
Elysian III closes on £325m hard-cap
In conjunction with the fund close, the firm has announced the promotion of Jack Jacovou to partner
Eos Capital Partners holds final close for debut fund
GP has so far invested in companies in industrial automation, software and business training
Ardian Expansion V closes on €2bn
Launched in January 2020, the fund's original target was €1.5bn - already 50% larger than its predecessor
Talde launches €150m fund
Fund targets Spanish companies operating in a wide range of sectors, with revenues in excess of €20m
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 тЌ2bn
Bridgepoint Development Capital IV hits £1.5bn hard-cap
Fund exceeds its ТЃ1bn target after around eight months on the road, Unquote understands
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
ArchiMed closes MED Platform I on €1bn
Oversubscribed fund closes above its €800m target after a couple of years on the road
Sponsor Capital holds final close on €202m for fifth fund
Finnish GP's new fund will start investing in the first quarter of 2021
Former-Carlyle team holds €115m close for debut Melior fund
Unquote understands the fund has been garnering interest from investors from both Europe and North America
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
Capital D to launch next fund in Q4
Capital D is investing from a fund and its side vehicle, which closed on тЌ100m in October 2018
Nordic Capital X hits €5bn target in first close - reports
Fund is larger than its predecessor, Nordic Capital IX, which held a final close on тЌ4.3bn in May 2018
Ceecat Capital on road for Fund II
Vehicle is the first to be raised since Ceecat Capital span out from ADM Capital in 2018
Kester Capital closes second fund on £90m
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
Jet Investment plans Jet 3 launch for late 2021
New vehicle's target is almost double the €153m that Jet raised for its second fund
Armonia to launch €500m fund
Fund will be larger than its predecessor, which closed on €280m in July 2018
Vitruvian closes fourth fund on €4bn
Evercore Private Funds Group and Monument Group acted as placement agents