Funds
Caixa Capital Risc raises third fund
Caixa Capital Risc has raised its third fund, according to reports in the Spanish press.
123Venture launches €100m mezzanine fund
123Venture has launched a new mezzanine fund, Trocadero Capital & Transmission II, with a €100m target.
Belgian, Chinese sovereign funds to launch joint vehicle
China Investment Corporation (CIC) is launching a small fund to help domestic companies make investments in Europe in partnership with Belgian Federal Holding Company and A Capital.
Montefiore targets €180m for third fund
French mid-cap player Montefiore Investment has launched its third fund, Montefiore Investment III, and is looking to raise €180m.
Connect Ventures holds €16m first close
Newcomer Connect Ventures has held a €16m first close for its maiden early-stage fund.
ISIS closes fifth fund on £360m
ISIS Equity Partners has closed its fifth vehicle ISIS V on £360m.
Idinvest launches mezzanine fund
Mid-market European private equity firm Idinvest Partners has launched the Idinvest Private Value Europe fund.
Innovacom seed fund Technocom 2 closes on €30m
Seed fund Technocom 2 has held a final close on €30m, after receiving a €18.7m commitment from Fonds National d'Amorçage (FNA).
ISIS to close latest fund on £350m
ISIS Equity Partners is about to announce the close of its fifth fund on £350m, according to reports.
Notion Capital holds a $100m first close
Notion Capital has announced a $100m first close for Notion Capital Fund 2, its second fund focused on emerging cloud computing and software-as-a-service (SaaS) companies in the UK and Europe.
WestBridge closes £30m SME fund
WestBridge Capital has closed the WestBridge SME Fund on its £30m target after two years of fundraising.
Investindustrial nears €1.25bn hard cap
Southern European GP Investindustrial is in the final stretch of raising its fifth fund, with more than €1bn in commitments already. Kimberly Romaine reports
Morgan Stanley AIP raises $1.3bn
Morgan Stanley Alternative Investment Partners has secured a total of $1.3bn in commitments for two of its funds.
Equistone fund holds fourth close on €1bn
Equistone Partners Europe Fund IV has held a fourth close on approximately €1bn.
Declining activity belies venture successes
Although European venture capital activity decreased by 12% to €974m last year, 2011 saw a number of sizeable fund closes as well strong exits, indicating fresh appetite for the asset class.
CIC Mezzanine holds €63m first close
CIC Mezzanine Gestion has held a €63m first close on its third mezzanine fund, three months after launch.
Searchlight Capital closes first fund at $860m
Searchlight Capital Partners has closed its first fund at $860m.
French asset manager launches PE unit
Meeschaert Capital Partners, focusing on growth capital and small- and mid-cap buyouts, has been established by French asset management group Meeschaert Gestion Privée.
Big Society Capital launches
Prime Minister David Cameron will announce the launch of Big Society Capital in a speech later today.
Earlybird closes fourth fund on $100m
Earlybird Venture Capital has held the first close of its fourth venture fund on $100m.
Denham Capital closes $3bn fund
US-based Denham Capital has closed its sixth global energy and resources-focused fund on $3bn.
SSVP III closes on €231m
Orlando Management AG has announced the final close of its latest fund, Special Situation Venture Partners III, on €231m, €31m over target.
LBO France delays fundraising effort
French mid-cap GP LBO France has pushed back the launch of its next €1.5bn White Knight IX vehicle - which was supposed to take place in Q1 - to Q3 2012, according to French publication Capital Finance.
Avindia Capital launches energy fund
Spanish private equity firm Avindia Capital has announced the launch of its first fund, Avindia Energy I.