Funds
ICG on EUR 10bn-plus direct lending fundraise for large deals
New unitranche fund will be on par with Ares’ latest, which has a target north of EUR 11bn
Investindustrial aims for EUR 1bn close with third lower-mid cap fund
Lower-mid market strategy has sealed one first investment ahead of expected closing in coming months
Trill Impact heads for first close of VC fund at year-end
Impact investor has a EUR 300m target for the debut VC fund; new vehicle has completed one deal so far
Mayfair gears up for third flagship fund
Technology and consumer-focused GP raised GBP 650m for its previous fund in 2019
Capricorn Partners seeks EUR 25m for industrial biotech VC fund
Belgian GP plans year-end final close after raising EUR 10m from InnovationQuarter and chemicals group DSM
Pantheon eyes second GP-led secondaries fund
Predecessor vehicle in the Secondary Opportunities strategy raised USD 624m in 2021 and has a two-year investment period
Orbit Capital aims for EUR 200m with new scaleup fund
Czech GP targeting institutional investors for CEE-focused vehicle following first close at EUR 42m in December
GP Profile: Tyrus Capital plans secondaries deployment drive
Mature and tail-end secondaries opportunities on the rise with motivated sellers seeking to organise their portfolios, Gunter Waldner tells Unquote
Flexstone gears up for new secondaries fund
Filing for new vehicle follows GP's promotion of head of secondaries last month
Zetland holds EUR 620m close for second special situations fund
Vehicle already 80% deployed; pre-marketing for new fund underway, source says
Ampersand closes USD 1.2bn healthcare fund for US, EU deployment
Fundraise follows hiring push in Europe; GP typically deploys USD 10m-50m tickets in primary buyouts
Inflexion gears up for third Partnership Capital fund
GP’s previous vehicle dedicated to minority investing held a final close in 2018 on GBP 700m
Golding holds EUR 155m first close for latest buyout fund-of-funds
Golding Buyout 2021 has a EUR 400m target and will provide its LPs with primary, co-investment and secondaries exposure
Earth Capital expects 2024 launch of new fund
UK-based sustainability-focused GP’s next vehicle will have a growth technology focus
Montagu gears up for seventh fund
GP has made a legal filing for the fund, having held a EUR 3.3bn final close for its predecessor in 2020
Golding Capital holds EUR 65m first close for debut impact fund
Fund-of-funds has made two investments to date and plans to attract further European institutional LPs
Geneo to hold final close for mezzanine impact fund by year-end
Evergreen sponsor has set EUR 200m target for the fund, which will focus on European companies
HitecVision holds final close for New Energy Fund on EUR 875m hard-cap
GP has raised an additional EUR 175m in co-investment capital for its first energy transition vehicle
Contrarian Ventures targets EUR 100m hard cap for new climate tech fund
Lithuanian VC aiming to attract funds-of-funds for second close planned for the next month
Kindred Capital heads for first close of third fund
Alongside fundraise, VC plans to make three more sector-agnostic investments from its second, EUR 100m fund
Cornerstone VC holds GBP 20m first close for debut fund
Investments will target UK tech-enabled businesses at pre-seed and seed stage led by diverse teams
Castik Capital gears up for third fund
European mid-market GP held a final close for its predecessor vehicle on EUR 1.25bn in 2019
ICG closes European Corporate fund on EUR 8.1bn
Fundraising exceeds EUR 7bn target set for eight vintage of flagship debt fund
McWin closes EUR 500m restaurant fund backed by ADIA
Food specialist also set to start fundraising for EUR 250m food tech vehicle next month