Funds
Main Capital holds €12m first close for third fund
Main Capital Partners has held a €12m first close for its Main Capital III fund, launched in September 2011.
DBAG VI hits €700m hard cap
Deutsche Beteiligungs AG (DBAG) has closed its sixth fund at €700m, breaking its target and reaching its hard cap.
Summit Partners raises $520m credit fund
Summit Partners has raised a $520m credit fund for middle-market companies, far surpassing its original $300m target.
Spain's CDTI to launch two venture vehicles
Spain’s Centre for the Development of Industrial Technology (CDTI) will soon launch two venture capital vehicles with capital commitments totalling €150m, according to reports in the Spanish press.
Inflexion closes £100m co-investment fund
Inflexion Private Equity has closed its 2012 Co-Investment Fund on its £100m hard cap, six weeks after sending out PPMs.
Evonik invests in Pangaea Ventures fund
CVC-backed German speciality chemicals maker Evonik has invested in Pangaea Ventures Fund III through its recently established venture unit.
Fondo Italiano provides capital to Hat Holding
Fondo Italiano di Investimento has committed capital to Italian investment company Hat Holding, allowing the firm to shift its focus from club deals to investments from a closed-end fund.
Equita CoVest in €115m first close
Equita Management has held a €115m first close for its Equita CoVest fund.
EIF commits €17m to Lithuanian SME funds
The European Investment Fund (EIF) has committed €11m to the Practica Venture Capital Fund and €6m to the Practica Seed Capital Fund.
Rothschild closes first European secondaries fund on €259m
Rothschild has held a final close for its Five Arrows Secondary Opportunities III (FASO III) fund, exceeding its initial target of €200m.
Akina holds first close on €173.5m
Akina Partners has held a first close for its fifth fund-of-funds, Euro Choice V, on €173.5m.
Will Luxembourg lose prime spot as fund domicile?
Luxembourg losing out?
Coller’s sixth fund hits $5.5bn final close
Coller Capital has held a final close for its sixth fund on $5.5bn, exceeding its original $5bn target.
RiverRock closes European SME fund on €169m
RiverRock European Capital Partners has announced the final close of its European Opportunities Fund on €169m.
Castle PE shareholder battle intensifies
Castle Private Equity’s battle with its shareholders has intensified after activist investor Abrams Capital became its largest investor.
BV Capital rebrands as e.ventures
Global venture firm BV Capital has combined its five local funds into a unified international entity named e.ventures.
Bain kicks off fundraising for new $6bn vehicle
Bain Capital is understood to have started the fundraising process for its 11th buyout fund, Bain Capital Fund XI.
EdRIP raises €125m for fourth life sciences fund
Edmond de Rothschild Investment Partners (EdRIP) has held a first close for its BioDiscovery 4 fund on €125m.
Advent Life Sciences gets re-up for latest fund
Advent Life Sciences Fund I, a 2010 vintage venture vehicle managed by Advent Venture Partners, was reopened to accept a new commitment as well as increased investments from existing LPs.
EQT raises €1bn for infrastructure fund
EQT has raised more than €1bn for its second infrastructure fund, reports suggest.
Latest DBAG fund holds €451m first close
Deutsche Beteiligungs AG has held a first close on €451m for its mid-market buyout fund DBAG Fund VI, two months after sending out PPMs.
BlackRock buys Swiss Re private equity unit
BlackRock has acquired Swiss Re Private Equity Partners, which currently has around $7.5bn of assets under management.
ECM closes fourth fund on €230m
ECM Equity Capital Management has announced the final close of its fourth fund, GEP IV, on €230m.
Procuritas closes fifth fund on €200m
Procuritas has closed its fifth investment vehicle on €200m.