Funds
DACH leads quiet Europe in Q3
DACH on top
Elaia Partners launches seed fund
French growth capital specialist Elaia Partners is understood to have secured €45m of commitments for its new seed vehicle Elaia Alpha.
ADCURAM closes first fund on €150m
ADCURAM Group has held a final close on its maiden fund, amounting to around €150m.
Spanish government to launch new VC fund
The Spanish government will announce the launch of a new VC fund to back technology startups next week, according to reports in the local press.
Nordic Capital cuts LBO fund target by 25%
Nordic Capital has told investors it will cut the original €4bn target of its latest leveraged buyout fund by 25%, according to reports.
Nesta launches £25m impact investment fund
Nesta Investment Management, a subsidiary of innovation foundation Nesta, has launched a £25m impact investment fund, holding a first close on £17.5m.
Albion launches top-up fund for six VCTs
Albion Ventures has started fundraising for a top-up fund targeting six of its VCTs, aiming for a total of £15m.
GED buys own portfolio with tail-end fund
GED has raised a secondary tail-end fund that has acquired the portfolio of its first Iberian fund, GED Iberian.
Secondaries and mezzanine vehicles proving popular in 2012
Looking at the funds launched so far this year in Europe shows sustained appetite for mezzanine and secondaries vehicles, reflecting current investment opportunities and subsequent LP interest for the private debt and secondaries markets.
Palio plans £150m debt fund IPO
Debt fund Palio is planning an IPO to raise more than £150m for investment in debt opportunities for UK lower mid-market companies.
Creathor Venture III holds final closing
German VC Creathor Venture has held a final close for its third fund on €80m.
DACH PE Congress: Sourcing in a low-growth environment
With the eurocrisis overshadowing any economic and fiscal concern on the continent, GPs have to rethink how to successfully source deals and impress investors to secure commitments for future funds. Anneken Tappe reports from the unquote” DACH Private...
360 Capital holds first closing of venture fund
Venture investor 360 Capital Partners has held a first close on its second fund, 360 Capital 2011, on more than €60m.
Kibo launches €45m fund
Kibo Ventures has launched a €45m fund to back internet and mobile start-ups, and held a first close on €42m.
Fundraising research reveals optimism in tough times
Despite talk of apocalyptic investor behaviour, most GPs announcing a close this year reported existing LPs re-upping and even increasing ticket sizes, as revealed in an unquote" survey of more than 40 European GPs. Anneken Tappe reports
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.
Tar Heel Capital closes latest fund on €50m
Polish GP Tar Heel Capital has held a first and final close for its latest fund, THC II, on €50m following a three-month fundraising period.
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.