Funds
Cinven closes buyout fund on €5bn
Cinven has held a final close on its latest European buyout fund on €5bn.
Alven Capital raises €120m for fourth venture fund
French venture firm Alven Capital is set to close its latest fund on its €120m hard-cap after nine months on the road.
Oakfield Capital Partners launches £20m fund
Oakfield Capital Partners (OCP) has launched its Oakfield UK Special Situations Fund, targeting £20m.
Partners Group closes Global Value 2011 on €680m
Partners Group has held a final close for Global Value 2011, the third fund in the series, on €680m.
New Italian VC launches with Fondo Italiano backing
Fondo Italiano di Investimento has committed capital to United Ventures, a newly-formed venture capital firm based in Italy.
LP interview: Secondaries come first
LP interview: Idinvest
Quadriga closes fourth fund on €529.1m
Quadriga Capital Beteiligungsberatung has closed its fourth fund on €529.1m after two years of fundraising.
Gimv launches Health & Care Fund
Gimv has launched a new €200m fund focused on healthcare and medical technology investments.
GPs feel heat as LPs raise fund contribution expectations
LPs are increasingly expecting GPs to make a 2% contribution to their next fund, putting pressure on investment professionals to earn carry, according to an Investec survey.
VNT Management's Power Fund III holds final close
VNT Management Oy has held a final close for its Power Fund III on €77m.
LGT closes third secondaries fund on $2bn
LGT Capital Partners has held a final close for Crown Global Secondaries III (CGS III) on its $2bn hard-cap.
Forward Group takes stake in Mercia Fund Management
Evergreen private equity investor Forward Group has taken a stake in venture funds manager Mercia Fund Management (MFM).
SVG banishes the ghosts of the past
Just a year ago, things were looking very bleak for fund-of-funds manager SVG, but yesterday’s announcement of a new partnership with Aberdeen Asset Management has given the firm new reasons to be optimistic about its future.
French retail fundraising down for fourth year in row
France's FCPI and FIP retail vehicles – used extensively by the country's venture and growth capital players – raised €646m last year, down 12% from 2011 figures.
Point Nine closes second fund
Berlin-based Point Nine Capital has closed its second early-stage venture fund, Point Nine Capital II, on €40m.
Deutsche Bank closes $614m secondaries fund
Deutsche Bank (DB) has closed DB Secondary Opportunities Fund II (DB SOF II) on $614m, above its $500m target.
Suma Capital launches new fund
Spanish GP Suma Capital has launched a new fund to support Catalonian SMEs.
XAnge's XPansion 2 reaches €32m first close
XAnge Private Equity has held a first close for its latest growth capital vehicle, XPansion 2, on €32m.
Octopus looking to raise £70m over four VCTs
Octopus Investments has announced plans to raise £70m over four VCTs, targeting UK SMEs.
Rock Spring Ventures holds first close at £26.3m
Rock Spring Ventures has held a first close for its Scottish venture fund, Rock Spring Ventures EU LP (RSV‐EU), on £26.3m.
Ingenious raising two new VCTs
Ingenious Media, a UK-based venture capital and private equity firm that specialises in the media and entertainment sector, has announced plans to raise two new funds to invest in live events.
TowerBrook closes fourth fund on $3.5bn
TowerBrook Capital Partners has held a final close for its fourth buyout fund, reaching its $3.5bn hard-cap.
Sentica’s fourth fund hits first close
Sentica Partners has held a first close for its Sentica Buyout IV fund at approximately €115m, and aims to hold a final close at around €130m later this year.
Ambienta plans €300m fund
Italian environmental investor Ambienta is looking to raise €300m for its second fund, according to reports.