Funds
Creathor Venture holds first closing
Creathor Venture has announced the first closing of its Creathor Venture Fund III at €51m.
Altamar V holds first close on €120m
Altamar Private Equity has held a first close of its fifth fund-of-funds, Altamar V Private Equity Program, on тЌ120m.
Nordic unquote" September 2011
Buyout activity in the Nordics could return to levels seen pre-credit crunch, according to unquoteт research. If Nordic deal activity continues at the pace seen in the first half of 2011, volume and value look set to almost reach 2007 levels, marking...
Hazel Capital raises £41.6m for renewables VCTs
Hazel Capital has raised £41.6m for the Hazel Renewable Energy VCT 1 and 2 vehicles, which are now closed to new investments.
BGF adds new investment director
Duncan Macrae has joined the Business Growth Fund (BGF) as an investment director.
Intel Capital launches Ultrabook Fund
Intel Capital, the private equity arm of computing hardware provider Intel, has announced the launch of its Ultrabook Fund with a $300m target.
Carta Capital reaps 14-18% IRR on three exits
Lower mid-market mezzanine investor Carta Capital has exited three of its investments, each reaping an IRR of 14-18% and a money multiple of 1.6x to 1.8x.
Waterland's fifth fund raises €1.1bn
Waterland Private Equity Investments has held final close of its fifth fund, Waterland Private Equity Fund V, at тЌ1.1bn.
Valedo closes second fund on SEK 2bn
Valedo Partners has closed its second fund, Valedo Partners Fund II, on SEK 2bn.
N+1 registers EQMC fund in Spain
Private equity firm N+1 has registered a new open-ended fund in Spain, which will allow Spanish LPs to participate in the investments made by its Ireland-based EQMC vehicle.
HarbourVest ups offer for Absolute
HarbourVest Partners has increased its offer for Absolute Private Equity to $18.50 per share, valuing the listed fund-of-funds at $806m.
Axcel closes fourth fund on DKK 3.6bn
Axcel has closed its fourth fund, Axcel IV, having raised DKK 3.6bn.
BlackFin raises €220m for its latest fund
BlackFin Capital Partners has closed its BlackFin Financial Services Fund at €220m.
Apax France VIII closes on €700m
Apax France has closed its latest mid-cap fund on €700m.
Rumours of key-man clause following AtriA departures
The departure of two partners from French mid-cap firm AtriA Capital Partenaires in April has triggered a key-man clause on its third fund, according to media reports.
Former Austrian chancellor launches private equity firm
Former Austrian federal chancellor Alfred Gusenbauer, entrepreneur and adviser Andreas Frech, M&A Corporate finance specialist Alon Shklarek and lawyer Leopold Specht have launched Cudos Group.
HIG Capital holds final closing
HIG Capital has closed its latest fund, HIG Growth Equity Fund II LP, on $500m.
Chequers Capital closes fund XVI on €850m
French mid-market GP Chequers Capital has announced the final close of its latest fund on a €850m hard cap.
Steadfast holds first close at €104m
Steadfast Capital has announced a first close of its third fund at €104m.
Quartilium hires two for FoF team
Quartilium, the fund-of-funds arm of Groupama Private Equity, has appointed Jérémie Magne and Malcolm Vincent as analysts in its fund-of-funds team.
Q&A: The role of funds-of-funds
Emanuel Eftimiu talks to Tim Creed, executive director and head of Adveqтs European investment programme, about the relevance of fund-of-funds in today's market, the future of large-cap buyout funds and the impact of upcoming regulation.
zouk closes latest fund on €230m
zouk Capital has held a final close of its Cleantech Europe II fund, raising a total of тЌ230m.
Spanish VCs urged to emulate US firms
Susannah Birkwood reports direct from the 25-year anniversary conference held by ASCRI, the Spanish private equity association.
DBAG closes fund at €242m
Deutsche Beteiligungs AG (DBAG) has announced the final close of its DBAG Expansion Capital Fund at €242m.