Fund-of-funds
Axa Venture holds €200m first close for Diversified II
AVP Diversified II is the second vintage of AVP's fund-of-funds strategy
CDP commits additional €100m to FoF PE Italia
New commitment brings the total capital raised by the private equity fund-of-funds to €300m
Altamar holds first close for €750m secondaries fund
ACP 4 targets the growing market for GP-led secondary transactions
US pension fund pulls back private equity commitments
Milwaukee County reduces commitments to four private equity funds, from $79.5m to $63.5m
Essling refocuses on co-invest and LBO, as co-founder departs
Michele Mezzarobba leaves the firm having co-founded it in 2017
CDP Venture Capital invests €21m in Primo Space Fund
Fund has an €80m target and invests in seed, series-A and series-B rounds in the space technology sector
Arcano Capital XII fund-of-funds raises €200m
GP expects to hold a final close on target by the end of June 2020
Arcano launches €300m impact investing fund-of-funds
Arcano Impact Private Equity Fund will target European and US funds with a focus on impact investing
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
HarbourVest and Vanguard agree strategic partnership
Strategic partnership will see new PE funds raised annually to be accessed by Vanguard clients
Adams Street holds final close for 2019 Global Fund
Adams Street's global programme provides clients exposure to all of its investment strategies
Integra holds third close on €110m for maiden fund
Fund hit its €100m target and the subscription period was extended to mid-2020
Azalea closes Altrium Private Equity Fund I on $650m
Fund-of-funds invests in primary and secondary private equity funds across the US, Europe and Asia
EQ targets first close for two PE funds by January 2020
One fund-of-funds will focus on European primaries, and the other on the secondaries market
CDP, Assofondipensione to launch €1bn fund-of-funds
In addition to a commitment from CDP, the vehicle expects to raise €500m from six Italian pension funds
Mediobanca launches second fund for private clients
Fund expects to raise around €135m and targets a final close before the end of the year
Schroders sets up PE fund for private investors
Investors can gain exposure to the new vehicle with a minimum investment of $50,000
FII holds €200m first close for FoF PE Italia
Cassa Depositi e Prestiti is the fund's anchor investor and has already committed €200m
Altamar near to €450m final close for Galdana Ventures II
Fund is larger than its predecessor, Galdana Ventures I, which closed on €275m in 2016
CDP acquires 70% of Invitalia Ventures to manage FNI
Invitalia will be appointed as fund manager of FNI, which is expected to raise around €1bn
Certior holds €100m close for credit fund-of-funds
Fund was originally registered in Luxembourg in June 2018 and held a first close on €51m
Integra holds second close on €75m for maiden fund
Fund held a first close on €21.5m in Q4 2018 with the backing of a number of entrepreneurs
Hamilton Lane announces final close for co-investment fund
Vehicle was registered as a Delaware LP in October 2017 and held a first close on $755m
Obligo extends life of fund-of-funds
Decision was made following LP approval of a three-year extension at the fund's general meeting