Funds
Promethean holds £19m first close
Special situations investor Promethean Investments has reached a first close for its latest fund on ТЃ19m.
Partech closes seed fund on €30m
Partech Ventures has closed its Partech Entrepreneur seed fund after raising €30m ($40m).
Partech VI closes on €130m
Partech Ventures has closed its Partech VI venture fund on €130m ($175m), having originally targeted €120m at the time of its first close.
Former LBO France partners launch debt-focused Kartesia Advisor
Kartesia Advisor, a new firm founded by three former LBO France partners and an ex-ICG director, has held a first close on €225m for its maiden debt vehicle.
Bridges Ventures closes fund on £125m
Bridges Ventures has held the final close of Bridges Sustainable Growth Fund III on ТЃ125m, beating its ТЃ100m target.
Axa spinout Ardian closes fifth LBO fund on €2.41bn
Ardian (formerly Axa Private Equity) has closed its LBO Fund V on €2.41bn, shortly after finalising its spinout from parent company Axa.
SAP Ventures raises more than $650m
SAP Ventures has raised more than $650m for its latest direct investment fund, SAP Ventures Fund II.
PAI partners collects third of €3bn fundraising target
French private equity house PAI partners has raised in excess of €1bn for its new buyout fund, according to French daily Les Echos.
VCs keep finger on the pulse of healthcare tech
Healthcare tech
Adveq secondaries fund hits $175m hard-cap
Adveq has closed its Secondaries II fund on its hard-cap of $175m, above its $150m target.
Palamon reaches €210m close
After nearly two years on the road, Palamon Capital Partners has closed its latest fund on €210m, a significantly smaller amount than its €670m predecessor. The reduced fund size highlights continued difficulties in the fundraising market and GPs' willingness...
Graphite Capital hits £475m target in six months
UK mid-market investor Graphite Capital has held a ТЃ475m closing for its latest vehicle, GCP VIII. A handful of potential additional commitments could bring the total to more than ТЃ500m within the next few weeks.
Q&A with Lars Hinrichs, founder of HackFwd
Following Lars Hinrichs’ shock announcement last week that HackFwd will no longer take on any new investments, Karin Wasteson catches up with the serial entrepreneur to discuss the start-up accelerator and his newest later-stage fund Cinco Capital.
Serena Capital announces second fund on €100m
French venture capital firm Serena Capital has announced the first close of its second fund on €100m.
CEE tech investor 3TS hits €103m first close
Dedicated CEE-focused technology investor 3TS Capital Partners has reached a €103m first close for 3TS TCEE Fund III.
European start-ups halted by series-A chasm
Series-A chasm
Lexington to raise $8bn secondaries fund
Secondaries investor Lexington Partners is aiming to raise $8bn for its Lexington Capital Partners VIII fund, which will launch next year.
Capitem holds €20m first close for maiden fund
French private equity house Capitem Partenaires has held a first close for its maiden fund on €20m.
Karmijn Kapitaal nears €50m fund target
Netherlands-based, female-led private equity firm Karmijn Kapitaal has almost reached the €50m target for its maiden fund, Karmijn Kapitaal I, which is due to close next month.
Foresight to raise £200m through Solar Fund float
Foresight Group is to list its Foresight Solar Fund on London Stock Exchangeтs main market with plans to raise ТЃ200m.
Omnes finalises spinout, secures €70m commitment for new fund
Omnes Capital, the former private equity arm of French bank Crédit Agricole, has started raising its fourth SME-focused fund and is now wholly owned by its management team.
Blackstone credit division closes $5bn fund
GSO Capital Partners, the credit division of Blackstone, has held a final close of its second "rescue" fund on $5bn.
Mandarin Capital announces first close
Sino-Italian investor Mandarin Capital Partners has announced a first close of its second fund on €110.5m.
Octopus launches £50m Titan fundraise
Octopus Investments has launched a ТЃ50m fundraise for its Titan Venture Capital Trusts (VCTs).