Fund-of-funds
Deutsche Bank launches PE fund of funds unit
Deutsche Bank is launching a new private equity fund-of-funds unit as part of its asset management business, according to reports.
Hermes and Gartmore deliver consolidation message
Hermes and Gartmore lead the consolidation of the fund-of-funds industry with the creation of Hermes GPE. Deborah Sterescu reports.
Pohjola's Selected Private Equity Funds II reaches first closing on €97m
Finnish based, pan-European private equity fund of funds manager Pohjola Private Equity Funds has reached the first closing of its Selected Private Equity Funds II (SPEF II) on тЌ97m.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
UK - Govt to create £150m fund-of-funds
The UK government has announced plans to create a ТЃ150m fund-of-funds aimed at enhancing the venture capital sector, with the aim of ultimately scaling up the fund to ТЃ1bn.
NETHERLANDS - Robeco holds EUR 50m first closing
According to reports, Robeco's EUR 250m Responsible Private Equity Fund II has reached a first closing on EUR 50m.
EUROPE – LODH closes Euro Choice IV on CHF 776m
Lombard Odier Darier Hentsch has closed Euro Choice IV on CHF 776m.
ITALY – IDeA II fund-of-funds reaches first closing on EUR 150m
IDeA Capital Funds has held a first close on EUR 150m for IDeA II fund-of-funds.
EUROPE - Osmosis to raise EUR 200m for new fund-of-funds
Reports suggest that newly launched fund-of-funds manager Osmosis Capital is seeking to raise EUR 200m for its inaugral fund, which will target investments into low carbon technology funds.
FRANCE - UI Gestion holds first close of MI 5 on EUR 50m.
UI Gestion has held a EUR 50m first close of its new FCPR fund MI 5.
RUSSIA - Aurora holds first closing of £50m LP fund
Aurora Investment Advisors (AIA), which currently manages the AIM-quoted vehicle Aurora Russia Ltd, has reached an undisclosed first closing of Aurora II LP, a £50m Guernsey-based limited partnership dedicated to investments in Russia.