Funds
PHD Equity completes MBO
PHD Equity Partners, the private equity arm of Dow Schofield Watts, has backed the management buyout of lending company Davenham Group.
CapDecisif holds €36m first close for latest fund
French venture player CapDecisif Management has held a first close for its latest seed vehicle, CapDecisif 3, on €36m.
Fundraising booms in January
The beginning of 2013 has seen a swathe of fundraising announcements, with several funds reaching their target. Could this trend be a sign that investor appetite for private equity is returning?
KKR bolsters European buyout fund
KKR is reportedly set to use uninvested capital to back its second European buyout fund, while extending the fund's life span, according to reports.
CapVest launches third fund with €400m target
CapVest has launched its third generalist mid-market fund, CapVest Equity Partners III LP, with a target of €400m.
Nokia launches $250m fund
Corporate venture firm Nokia Growth Partners (NGP) has launched its third fund with a $250m commitment from parent company Nokia.
VenturCap launches new fund
Catalonian VC investor VenturCap has launched a new fund, VenturCap II.
Ace Management in €150m first close for Aerofund III
French GP Ace Management has raised €150m for Aerofund III, an aerospace-focused fund with a €300m target.
A happy New Year for venture capital?
Happy New Year
NewGlobe secondaries firm launches
Secondaries firm NewGlobe Capital has launched today in partnership with US investor Hamilton Lane and private equity firm Vanterra Capital.
CataCap hits first close on DKK 500m
Danish GP CataCap has raised DKK 500m at first close for its maiden buyout fund, which is focused on backing local SMEs.
Avallon planning to raise €107m for second fund
Avallon MBO Fund II, which is planning to raise €107m for investing in Eastern European SMEs, has hit a first close after securing a cornerstone investment from the European Bank for Reconstruction and Development (EBRD).
Nicolas Sarkozy rebuffs rumours of private equity move
The entourage of Nicolas Sarkozy has dismissed claims that the former French president is looking to launch a €1bn private equity fund.
Equistone closes €1.5bn fund
Equistone Partners Europe has closed its first independent fund on €1.5bn, 14 months after its launch in November 2011.
BNP spin-out spawns Glennmont
BNP Paribas has become the latest bank to shed its private equity unit, as its clean energy division spins off to become Glennmont Partners.
Hertfordshire County Council commits £280m to LGT
LGT Capital Partners has received a £280m mandate for its multi-alternatives offering from the British Hertfordshire County Council.
Prime Ventures IV holds first close on €100m
Prime Ventures has held a first closing for its latest fund, Prime Ventures IV, on €100m.
EIF and Oquendo to launch €100m Iberian fund
Spanish bank Banca March, the European Investment Fund (EIF) and Spanish Iberian mezzanine provider Oquendo Capital are to raise a fund to back local SMEs, according to local reports.
Benelux private equity's 2012 highlights
The Benelux region had a relatively quiet 2012 and little deal activity is expected until the broader European economy improves. However, the deal dearth was eclipsed by other events, including the clean-up of Belgium’s banking sector, the Dutch elections...
ICG exceeds target with €2.5bn close
Intermediate Capital Group (ICG) has closed its latest fund on €2.5bn, exceeding the original target of €2bn.
Emerald holds second close for third fund
Switzerland-based Emerald Technology Ventures has held a second close for its third venture fund, Emerald Technology Ventures III.
Industries & Finances hits first close for third fund
French buy-and-build specialist Industries & Finances Partenaires (I&F) has held a €60m first close for its third fund, less than six months after launch.
Dunedin hits £240m for first close
Dunedin has held a stealth first close on £240m for its third buyout fund, indicating its target is comfortably within reach.
Galena Asset Management holds first close on $275m
Trafigura's asset management arm Galena has held a first close of its Private Equity Resource Fund on $275m.