Funds
Scottish Equity Partners announces fund launch
British growth equity and venture capital investor Scottish Equity Partners (SEP) has launched new fund SEP IV, already raising £185m.
Pantheon announces private equity programme
Fund-of-funds investor Pantheon has launched a global private equity co-investment programme together with German pension fund Bayerische Versorgungskammer (BVK).
Carlyle float may herald market peak
The buyout titan may actually be timing the market well. Kimberly Romaine reports.
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 €120m.
Nordic unquote" September 2011
Buyout activity in the Nordics could return to levels seen pre-credit crunch, according to unquote” 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 €1.1bn.
Valedo closes second fund on SEK 2bn
Valedo Partners has closed its second fund, Valedo Partners Fund II, on SEK 2bn.
Endless closes third fund on £220m
UK turnaround investor Endless has closed its latest vehicle on £220m.
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.
BC Partners holds second close at €5.5bn
BC Partners has held a second close of its BC European Capital IX fund at €5.5bn.
Hermes GPE to launch in Boston, Singapore
Hermes GPE is opening new offices in Boston and Singapore, a reflection of the investor’s increasing interest in overseas opportunities.
Piper cashes in on retail sector expertise
The retail sector is filling headlines for all the wrong reasons at the moment. Despite the difficult period for the sector, Piper Private Equity has just held final close of its new fund, reinforcing the merits of sector specialism. Viktor Lundvall investigates
North West Fund invests in 4i Security
The North West Fund for Venture Capital has invested £320,000 in 4i Security Limited, an automated software-based security company.
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.
Montagu loses two directors
Just a few months after closing what many call Europe’s most impressive fund of the year, Montagu is waving goodbye to two directors, unquote” has learned from sources close to the fund.
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.