Buyout
BELGIUM - Gimv holds second close on EUR 560m
Belgian investor Gimv has reached a second closing of its XL fund on EUR 560m, up from the previous EUR 500m.
EUROPE - KKR writes down value of European fund by half
US buyout house KKR has reportedly written down the value of its second European fund, which includes in its portfolio Alliance Boots, by almost half.
EUROPE - AnaCap closes second fund on EUR 575m
London-based buyout-house AnaCap Financial Partners has closed its second fund, AnaCap Financial Partners II, on EUR 575m, almost twice the size of its predecessor, which closed on EUR 300m in 2006.
CEE - PPF and Generali launch EUR 615m fund
According to reports, Czech investment group PPF and Italian insurer Generali have joined forces to launch PPf Partners, a new EUR 615m private equity fund targeting Central and Eastern Europe.
UK- CBPE Capital holds first close for its eighth mid-market fund
CBPE Capital has held its first close for its latest UK mid-market private equity fund on £270m, with commitments from 17 institutions.
GLOBAL - First Reserve closes Fund XII on $9bn
US-based energy dedicated private equity house First Reserve Corporation has closed its twelth fund just short of $9bn - significantly below its $12bn target. The fund had a previous closing in July 2008.
FRANCE – 21 Partners launches EUR 500m fund
According to sources, Franco-Italian private equity firm 21 Partners has launched a EUR 500m fund.
CEE - CapMan Russia fund closes at EUR 118m
Capman has closed its latest fund, the Capman Russia fund, at EUR 118m, missing its EUR 150m target.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
RUSSIA - Russia Partners raises $800m
According to reports, Russia Partners is set to close its third fund, Russia Partners III, on $800m.
DENMARK - Polaris holds first close on EUR 275m
Danish buyout house Polaris Private Equity has held a first of close of its third fund on EUR 275m.
FRANCE - LBO France closes one fund and launches two
LBO France has held a final close of its White Knight VIII fund on an undisclosed amount and launched two new vehicles, Hexagone III and Altercap 1, which have targets of EUR 180m and EUR 150m respectively.
UK - Risk Capital closes first fund on £75m
Risk Capital Partners has held a final close of its inaugural institutional fund on £75m.
GLOBAL - Blackstone writes down fifth fund by 35%
According to reports, Blackstone Group has written down the value of the portfolio in its $21bn fifth fund, Blackstone Capital Partners V, by 35%.