Buyout
HIG Capital holds final closing
HIG Capital has closed its latest fund, HIG Growth Equity Fund II LP, on $500m.
Chequers Capital closes fund XVI on €850m
French mid-market GP Chequers Capital has announced the final close of its latest fund on a €850m hard cap.
Steadfast holds first close at €104m
Steadfast Capital has announced a first close of its third fund at €104m.
Tandem Capital fund closes down
Spanish private equity firm Tandem Capital has announced that it will be ceasing all operations of its €40m fund next month.
Explorer Investments closes fund at €270m
Portuguese private equity firm Explorer Investments has held a final close of its third fund at €270m.
Mid Europa seeking funds, placement agent
The fundraising trail is heating up across Europe, with CEE no exception.
Mediterra hits $144m first close for Turkish mid-market
Mediterra Capital Management has raised $144m in a first close for its debut vehicle.
Turkish fund minted with $144m first close
Mediterra Capital Management has raised $144m in a first close for its debut vehicle, with ten of the country’s top 50 richest individuals named as investors.
Out of time - extending investment periods
The thought of extending a fund’s investment period sends shivers down some spines.
Altitude takes off with first close for £15m fund
There’s a new fund manager in town, but the faces are familiar, unquote" can exclusively reveal.
Constellation Capital launches €100m fund
Constellation Capital has launched its first institutional fund, Constellation II German Small Cap Fund, targeting €100m.
Cinven looking to raise €5bn fund
Private equity firm Cinven is reported to have started fundraising for its fifth buyout fund, targeting €5bn.
Auctus closes third fund on €155m
Auctus Capital Partners has closed its latest fund Auctus III at a revised hard-cap of €155m following a substantial over-subscription.
Infinity closes fund at $200m
UK-based Infinity has closed its third fund, which raised $200m.
BC Partners raises €4bn for its ninth fund
BC Partners has raised €4bn at the first close of its ninth buyout, according to reports.
Gores Group closes fund on $2bn
Los Angeles-based private equity investment firm The Gores Group has closed its third fund, Gores Capital Partners III, with capital commitments of $2bn. It exceeds the vehicle’s $1.5bn target by 30%.
21 Partners closes fourth fund on €380m
21 Partners has held the final close of 21 Centrale Partners IV on €380m, according to media reports.
NVM nears fundraising target
NVM Private Equity looks set to comfortably hit its £15m top-up target for its oldest VCT vehicle, Northern Venture Trust.
Blackstone closes BCP VI fund on $15bn
Blackstone Group has announced the final close of its sixth buyout fund, BCP VI, on $15bn.
VCT community attracts two new entrants
Investor demand for tax-efficient vehicles is luring newcomers into the VCT space, with two launched today.
Innova buys Provus from Turkven
Innova Capital has acquired 96% of Romanian card processors Provus Services Provider and Romcard. The deal was a secondary buyout from incumbent backer Turkven Private Equity and was funded entirely with equity.
Foresight, Clearwater team up to offer £20m VCT
Foresight Group, an independent alternative asset manager, has teamed up with Clearwater Corporate Finance to launch a £20m venture capital trust (VCT) to invest in UK businesses seeking under £10m of capital.
Diana Capital II holds first close on €100m
Spanish private equity firm Diana Capital has held a first closing for its second fund, Diana Capital II, on €100m.
Alcuin announces fund closing on £81m
Alcuin Capital Partners has hold a closing of its Third Alcuin Fund with £81m commitments. The final closing on the vehicle, which has a target of £100m, is expected to happen by the end of the first quarter of 2011.