Buyout
EUROPE - Investcorp Technology Fund exceeds target by $100m closing on $500m
Investcorp Technology Partners (ITP) has completed the fundraising for its latest vehicle Investcorp Technology Partners III (ITP Fund III) raising $500m. The final close exceeded the fund's initial target of $400m and beats the $300m raised for ITP Fund...
UK - Bowmark Capital closes £265m fund in ten weeks
Bowmark Capital has closed its new fund, Bowmark Capital Partners IV, with total commitments of £265m, only ten weeks after its launch last year. With 23 investors, the fund was significantly oversubscribed at its hardcap following the success of Bowmark's...
UK - Matrix looks to raise additional £15m for Income & Growth VCT
Matrix Private Equity Partners (MPEP) is aiming to raise £15m in an S share offer for The Income & Growth VCT, formerly named TriVest VCT, on the back of strong performance in the sector and by MPEP. The new S share fund will be managed separately from...
UK - Exponent closes second fund on £805m
Exponent Private Equity has reached the final close of its second fund, Exponent Private Equity Partners II, LP, with commitments of £805m. This fund doubles the amount raised in the first fund in 2004. Exponent will continue to focus on investing in...
UK - Zeus reaches final close of maiden fund on £100m+
Zeus Private Equity (ZPE) has reached the final close of its maiden fund on more than £100m. Manchester-based ZPE was launched in December 2006 and held a second close in June 2007 on £65m. Most recent investors in the fund include Access Capital Partners,...
UK/FRANCE - Platina announces EUR 75m close of fourth fund
Platina Finance Ltd has announced an intermediary close of its fourth fund, the European Renewable Energy Fund 1 LP (EREF), on EUR 75m. The fund was launched in October 2007 and is targeting a final close of EUR 250m by the end of 2008.