Fund-of-funds
Tesi launches €150m venture fund-of-funds
VC firm intends to deploy capital into Finnish venture capital and small buyout funds
Draper Esprit invests in two seed funds as part of FoF push
Listed investor Draper Esprit expects to deploy up to £75m in venture funds within five years
Essling to shake up funds-of-funds formula with new vehicle
Massena spinout Essling this month recruited the funds-of-funds team from Amundi and will launch its first vehicle shortly
Newcomer Essling poaches Amundi funds-of-funds team
Having recruited the four-strong team, Essling will launch its first fund-of-funds within the next few weeks
Pantheon ramps up co-investments amid rising secondaries valuations
Fund-of-funds manager also said its venture investments have been disappointing
Akina to launch sixth fund-of-funds, targeting €550m
Akina Partners has registered its sixth fund-of-funds, Euro Choice VII
Fondo Italiano hits €163m final close for VC fund-of-funds
Following the recent €3m commitment of Fondazione Cariparo, the fund hit a final close on €163m
Adams Street raises $470m towards 2017 Global Fund
Funds-of-funds manager secures capital across five separate vehicles, according to regulatory filings
Unigestion, Union Investment close third fund-of-funds on €312m
Unigestion will manage the fund's portfolio while Union Investment is responsible for fund administration
Bulking up: Consolidation in the LP space
Asset managers are flexing their muscles in a new wave of fund-of-funds consolidation
Hamilton Lane, Scala Fund Advisory close club fund on $70m
Idea was originated by Scala Fund Advisory, while the vehicle will be managed by Hamilton Lane
Ardian strikes $2.5bn secondary/primary transaction with Mubadala
Ardian takes majority stake in an existing PE portfolio and becomes lead investor in a new $1.5bn fund
AlpInvest raises $6.5bn for secondaries programme
Programme’s previous generation, ASP V, had received $4.2bn in commitments in 2013
Euro PE holds first close on €82.5m for France Sélection III
Fund completes France-focused investment programme launched in 2007 by the GP
Akina closes Euro Choice VI on €410m
Fund previously held interim closes on €180m and more than €200m before the final close
EIF launches funds-of funds for Greece and Italy
Two vehicles aim to boost venture capital activity across the two southern European countries
Access Capital holds €343m first close for Fund VII
Fund's predecessor closed on €644m in May 2015, exceeding its €500m target
Adveq closes Adveq Europe VI on €462m
GP closed Adveq Specialised Investments and Adveq Europe Co-Investments earlier in 2016
BNP Paribas Capital Partners closes Fundexi IV on €333m
Fund will follow strategy established in 2005, similar to previous generations
EIF, EC launch new pan-European venture FoF programme
Programme aims to support a range of small businesses and entrepreneurs across Europe
HarbourVest closes secondaries fund on $4.77bn
Fund-of-funds manager Harborvest's secondaries vehicle has reached a final close above its $3.6bn target
Qualitas closes Europe-focused fund-of-funds on €61m
GP expects to fully invest the fund by the end of Q1 2017
Altamar VIII holds final close on €500m hard-cap
Spanish funds-of-funds manager also launches a secondaries-focused vehicle
Hamilton Lane closes Fund IX on $516m
Hamilton Lane's latest fund-of-funds has closed in excess of its $400m target
