Funds
ACP holds EUR 90m first close for debut credit fund
Fund aims to bridge the lending gap for Central European lower mid-cap businesses, complementing existing bank lending
VC Profile: Vektor Partners backs tech mobility transformation with new fund
VCтs debut fund has a EUR 175m hard-cap and aims to back startups with initial tickets of EUR 3m-EUR 5m
Cinven plays long game with financials fund in hunt for 3x returns
With a life of 15 years, the new vehicle has closed above target, with insurers making up about a quarter of its LP base
COI Partners launches DACH growth fund with EUR 120m target
GP's first institutional fund will invest on a 50:50 basis alongside the sponsor's own deal-by-deal vehicles
Motive raises USD 2.54bn across Fund 2 and co-investment vehicles
GP's USD 1.8bn Fund 2 is 3.7x the size of its predecessor and expects to make 15-18 deals
Cinven holds EUR 1.5bn final close for financial services fund
GP's first sector-focused fund has made three deals, the first of which was insurance broker Miller
August Equity to target GBP 400m in fundraise for upcoming sixth fund
Fundraising plans come following several exits from the GPтs 2016-vintage fourth fund
Scale Capital eyes EUR 70m-100m for new VC fund by year-end
Danish GP in talks with institutional investors after EUR 27m first close for Fund III in April
Siparex holds EUR 450m final close for ETI 5
Mid cap-focused fund is 60% larger than its 2017-vintage predecessor and has made four investments
Erhvervsinvest gears up for Fund V final close in 9-12 months
Danish GP held DKK 1bn first close for small-to-mid cap vehicle; targets hard cap of DKK 2bn
Superangel targets up to EUR 50m hard cap for second fund
Estonian VC firm seeks further institutional investors; SmartCap to make EUR 15m anchor commitment
Apax heads for second small-cap fund with EUR 350m target
French GP seeks private and institutional investors with a minimum commitment of around EUR 100,000
Curiosity VC eyes EUR 75m fund close in 2023
Dutch investor has commitments from 55 LPs for fund launched last year
Levine Leichtman Capital inches closer to first German deal
Planned transaction follows US investor's opening of Frankfurt office in January
Unigestion holds EUR 900m final close for fifth secondaries fund
Fund is more than three times the size of its predecessor and is more than 50% committed
Algebris holds EUR 200m first close for debut Green Transition Fund
Fund has a EUR 400m target and is headed by three former executives from Italian utility company A2A
Capza launches SME decarbonisation fund with EUR 1.3bn target
Second vintage of the SME-focused strategy will aim to support its portfolio companies with decarbonisation
Endless holds GBP 100m final close for third SME Fund
Enact III is more than three times the size of its predecessor fund, which closed on GBP 30m in 2019
Earlybird holds Growth Opportunity V first close
Later-stage fund has a EUR 300m target and will mainly back existing Earlybird investments
INVL inches closer to second Growth Fund
Work on Fund II could start once INVL’s debut vehicle is 75%-80% deployed, following two to three more deals
Plural holds EUR 250m final close for debut early-stage fund
VC firm is led by technology founders Ian Hogarth, Khaled Heloui, Sten Tamkivi and Taavet Hinrikus
Acton Capital holds Fund VI first close, expands investment team
VC firm has hired Sophie Ahrens-Gruber in Munich and appointed Hannes Gruber as partner in Vancouver
Unigestion gears up for Climate Impact Fund
GP in initial discussions with existing investors for first climate-focused fund
Dunas Capital holds first close for debut impact fund
Vehicle plans to enter distribution partnership with private bank for its EUR 50m fundraise