Funds
Dry powder will drive 2012 dealflow - Bain
Extensive dry powder, few exit opportunities and tough fundraising conditions will be the major drivers of private equity globally, according to Bain & Company.
AnaCap credit fund hits £350m hard-cap
AnaCap Financial Partners has closed Credit Opportunities Fund II on its ТЃ350m hard-cap.
Video: EU regulation's impact on CEE-focused funds
IPES commercial director Justin Partington talks to Greg Gille about the current challenges facing CEE-focused private equity funds.
Governments' contribution to VC up six-fold
Government agencies and corporates are increasingly active in venture – but they should push further in support of European VC, argues Olivier Marty
Caixa Capital Risc raises third fund
Caixa Capital Risc has raised its third fund, according to reports in the Spanish press.
123Venture launches €100m mezzanine fund
123Venture has launched a new mezzanine fund, Trocadero Capital & Transmission II, with a €100m target.
Belgian, Chinese sovereign funds to launch joint vehicle
China Investment Corporation (CIC) is launching a small fund to help domestic companies make investments in Europe in partnership with Belgian Federal Holding Company and A Capital.
Montefiore targets €180m for third fund
French mid-cap player Montefiore Investment has launched its third fund, Montefiore Investment III, and is looking to raise €180m.
Connect Ventures holds €16m first close
Newcomer Connect Ventures has held a тЌ16m first close for its maiden early-stage fund.
ISIS closes fifth fund on £360m
ISIS Equity Partners has closed its fifth vehicle ISIS V on ТЃ360m.
Idinvest launches mezzanine fund
Mid-market European private equity firm Idinvest Partners has launched the Idinvest Private Value Europe fund.
Innovacom seed fund Technocom 2 closes on €30m
Seed fund Technocom 2 has held a final close on €30m, after receiving a €18.7m commitment from Fonds National d'Amorçage (FNA).
ISIS to close latest fund on £350m
ISIS Equity Partners is about to announce the close of its fifth fund on ТЃ350m, according to reports.
Notion Capital holds a $100m first close
Notion Capital has announced a $100m first close for Notion Capital Fund 2, its second fund focused on emerging cloud computing and software-as-a-service (SaaS) companies in the UK and Europe.
WestBridge closes £30m SME fund
WestBridge Capital has closed the WestBridge SME Fund on its ТЃ30m target after two years of fundraising.
Investindustrial nears €1.25bn hard cap
Southern European GP Investindustrial is in the final stretch of raising its fifth fund, with more than €1bn in commitments already. Kimberly Romaine reports
Morgan Stanley AIP raises $1.3bn
Morgan Stanley Alternative Investment Partners has secured a total of $1.3bn in commitments for two of its funds.
Equistone fund holds fourth close on €1bn
Equistone Partners Europe Fund IV has held a fourth close on approximately €1bn.
Declining activity belies venture successes
Although European venture capital activity decreased by 12% to €974m last year, 2011 saw a number of sizeable fund closes as well strong exits, indicating fresh appetite for the asset class.
CIC Mezzanine holds €63m first close
CIC Mezzanine Gestion has held a €63m first close on its third mezzanine fund, three months after launch.
Searchlight Capital closes first fund at $860m
Searchlight Capital Partners has closed its first fund at $860m.
French asset manager launches PE unit
Meeschaert Capital Partners, focusing on growth capital and small- and mid-cap buyouts, has been established by French asset management group Meeschaert Gestion Privée.
Big Society Capital launches
Prime Minister David Cameron will announce the launch of Big Society Capital in a speech later today.
Earlybird closes fourth fund on $100m
Earlybird Venture Capital has held the first close of its fourth venture fund on $100m.