Funds
Baring Vostok raises $1.5bn for fifth fundraising effort
Baring Vostok has held a final close for Baring Vostok Private Equity Fund V LP and Baring Vostok Fund V Supplemental Fund LP, raising a total amount of $1.5bn.
Greenpark promotes Daniel Green to CIO
Secondaries player Greenpark Capital has promoted Daniel Green to chief investment officer.
BPE 3 holds first close at €55m
BPE's third fund, BPE 3, has held a first close on €55m.
Aster Capital to reduce fund target
French corporate-backed venture capital firm Aster is said to be aiming for a €105m final close for its second fund, down from an initial €120m target.
Blackstone raises $834.8m for new listed debt fund
The Blackstone Group has raised $834.8m in the IPO of its new closed-ended debt vehicle GSO Strategic Credit Fund.
Hamdani and Priston join Bayside
HIG Capital’s distressed debt and special situations affiliate, Bayside Capital, has hired Ahmed Hamdani and Duncan Priston for its London team.
Demeter 3 Amorçage reaches €43m first close
France-based Demeter Partners has raised €43m for its new cleantech-focused venture fund, Demeter 3 Amorçage.
Siparex raises €90m for mid-market vehicle
French GP Siparex has held a first close for its MidMarket III vehicle on €90m.
Wellington Partners IV holds €70m first close
Wellington Partners has held a first closing for Wellington Partners IV Life Science on €70m.
European VC "stronger now than in 2000"
Venture capital is on an upward trajectory, with phenomenal exits and a handful of fund closes building momentum. Kimberly Romaine interviews John Holloway, director at European Investment Fund, Europe's largest venture backer, about the industry's decade...
Dutch government backs new tech fund-of-funds
The Dutch ministry of economic affairs has confirmed the launch of a €150m fund-of-funds to support the country's technology companies.
Montefiore hits €180m target for third fund
French mid-cap GP Montefiore Investment has raised €180m for its third fund and is still raising the vehicle beyond its initial target.
JP Morgan PE buys back shares
JP Morgan Private Equity plans to buy back some of its shares in a move to reduce its discount to net asset value (NAV).
Ludgate targets $200-300m for new fund
UK-based growth capital provider Ludgate Investments is looking to raise up to $300m for its new fund - more than doubling its previous effort - according to reports.
Top 5 final closes of 2012 so far
Fundraising
Partners Group closes debt fund on €375m
Partners Group Private Markets Credit Strategies 2012 has held a final close on €375m.
Blackstone closes $2.5bn energy fund
Blackstone has held a final close for its first energy-focused private equity fund, Blackstone Energy Partners (BEP), on $2.5bn.
Idinvest holds first close at €100m
Idinvest Partners has held a first close for Idinvest Secondary Fund at €100m.
Patron hits €880m for fourth fund
Patron Capital Partners has reached a final close on its fourth fund at тЌ880m.
Emerald reaches first close for third fund
Switzerland-based Emerald Technology Ventures has held a first close for its third venture fund.
Active Venture Partners holds final close on €54m
Active Venture Partners has closed its second technology fund on €54m.
Danske Private Equity holds final close on €650m
Danske PEP V has held a final close on тЌ650m, the fund's hard cap.
DN Capital holds first close on €51.5m
DN Capital is reported to have held a first close of DN Capital GVC III on тЌ51.5m.
Apollo looking to raise up to $12bn
Global private equity house Apollo Global Management is planning to raise $10-12bn for its next buyout fund, according to reports.