Fund-of-funds
SPAIN - Arcano launches EUR 200m fund-of-funds
Arcano Private Equity has launched Arcano Earth Fund, a private equity fund-of-funds focusing on clean technologies and renewable energy fund managers around the world, targeting commitments of between EUR 200-250m.
FRANCE - New EUR 300m Government fund to support SMEs
The French Government is set to launch a new EUR 300m fund to invest in fragile French SMEs, with up to EUR 200m to be provided by private investors including AGF and AXA Private Equity.
GLOBAL - Abbott Capital closes sixth fund-of-funds on $1bn
Abbott Capital Management has closed its latest private equity fund-of-funds, ACE VI, on just over $1bn.
GLOBAL - Morgan Stanley raises $1.14bn fund
Morgan Stanley Alternative Investment Partners (AIP), the fund-of-funds division of Morgan Stanley Investment Management, has raised Private Markets Fund IV, a $1.14bn vehicle.
EUROPE/US - Portfolio Advisors closes fifth fund above $1bn
Portfolio Advisors has closed its latest private equity fund-of-funds, Portfolio Advisors Private Equity Fund V, on just over $1bn.
DENMARK - Danske holds second close on EUR 600m
Danish fund-of-funds Danske Private Equity has reached its EUR 600m target in a second close of its new fund, Danske PEP IV.
GLOBAL - Siemens launches venture capital fund-of-funds
Siemens Venture Capital GmbH has launched Siemens Global Innovation Partners I GmbH & Co. KG (SGIP I), a $200m fund-of-funds that will invest in venture capital funds worldwide as well as select growth capital funds.
EUROPE - Unigestion to raise two funds in 2009
According to reports, Geneva-based Unigestion will raise two new funds in 2009: a secondaries fund targeting EUR 150m, and a sustainable development vehicle with a USD 250m target.
SWITZERLAND - Partners Group raises USD 1.1bn for Asia-Pacific program
Partners Group has raised over USD 1.1 billion for its most recent Asia-Pacific program, exceeding the target size of USD 1 billion.
EUROPE - LODH holds second closing of Euro Choice IV on EUR 409m
LODH Private Equity has reached the second closing of Euro Choice IV and its related investment vehicles on EUR 409m. The final closing is scheduled for 27 February 2009.
EUROPE – Robeco lauches "responsible" PE fund-of-funds
Fund manager Robeco, a unit of Rabobank, has launched its second тresponsibleт private equity fund-of-funds with a EUR 250m target.