Fund-of-funds
European Commission delays VC fund-of-funds proposal
The European Commission is to initially conduct a “feasibility study” in 2014 to explore the creation of a European fund-of-funds for venture capital.
Aquila Capital to launch maiden fund-of-funds
German investment company Aquila Capital has entered the private equity market, aiming to launch a fund-of-funds in early 2014.
Funds-of-funds falling out of favour?
Funds-of-funds
EIF and KOSGEB launch €250m Turkish fund-of-funds
The European Investment Fund (EIF) and the Small and Medium Enterprises Development Organisation of Turkey (KOSGEB) have established a Turkey-focused fund-of-funds targeting €250m.
The changing face of fund manager selection
GP selection
Quilvest closes QS PEP 2012 on $150m
Quilvest & Partners has closed its QS PEP 2012 fund-of-funds on $150m, and simultaneously launched its QS PEP Core vehicle with a $400m target.
F&C holds €90m first close for fund-of-funds
F&C has held a €90m first close for F&C European Capital Partners II, a European mid-market fund-of-funds.
Spanish government launches €1.2bn fund-of-funds
The Instituto de Crédito Oficial, Spain’s state-owned bank attached to the Ministry of Economic Affairs and Competitiveness, has launched a fund-of-funds holding €1.2bn.
Pantheon extends pension fund deal to Europe
Pantheon has received an allocation of capital for private equity investment, managed on behalf of the Illinois Municipal Retirement Fund (IMRF).
SVG banishes the ghosts of the past
Just a year ago, things were looking very bleak for fund-of-funds manager SVG, but yesterday’s announcement of a new partnership with Aberdeen Asset Management has given the firm new reasons to be optimistic about its future.
Interview: SVB's Allan Majotra
Anneken Tappe speaks to Allan Majotra, director of Silicon Valley Bank’s Private Equity Services Group, about the role of funds-of-funds and regulatory developments.
Danske Private Equity holds final close on €650m
Danske PEP V has held a final close on €650m, the fund's hard cap.
Fondo Italiano provides capital to Hat Holding
Fondo Italiano di Investimento has committed capital to Italian investment company Hat Holding, allowing the firm to shift its focus from club deals to investments from a closed-end fund.
Akina holds first close on €173.5m
Akina Partners has held a first close for its fifth fund-of-funds, Euro Choice V, on €173.5m.
BlackRock buys Swiss Re private equity unit
BlackRock has acquired Swiss Re Private Equity Partners, which currently has around $7.5bn of assets under management.
Danske fund-of-funds PEP V in €534m first close
Danske Private Equity Partners has announced the first close of its fund-of-funds Danske PEP V on €534m.
Market consolidation forcing FOFs to evolve
Funds-of-funds are an endangered species, with many shedding the title. Kimberly Romaine finds that today it’s all about diversification and tailoring your offering to prospective clients.
Up to half of FoFs to disappear
Consolidation is hotting up. But not all are created equal and as some outfits vanish, others will emerge. Kimberly Romaine reports.
Neuberger Berman raises $720m
Investment management firm Neuberger Berman Group has announced the raise of $720m for the NB Crossroads 2010 fund-of-funds.
Edmond de Rothschild offloads PE unit in MBO
La Compagnie Financière Edmond de Rothschild (LCFR) has sold its majority stake in the bank's funds-of-funds unit, Edmond de Rothschild Private Equity Select (Select), to Select's management.
F&C holds first close of private equity fund of funds
F&C has announced the first close of its F&C Climate Opportunity Partners at £30m.
Q&A: Jeremy Golding talks investment strategies
Emanuel Eftimiu speaks to Golding Capital Partners’ Jeremy Golding about his allocation strategy, expectations for the asset class and what to avoid when fundraising.
Pantheon announces private equity programme
Fund-of-funds investor Pantheon has launched a global private equity co-investment programme together with German pension fund Bayerische Versorgungskammer (BVK).
Altamar V holds first close on €120m
Altamar Private Equity has held a first close of its fifth fund-of-funds, Altamar V Private Equity Program, on €120m.