Funds
EUROPE - Nordic Mezzanine holds EUR 320m close of third fund
Nordic Mezzanine has held a final close of Nordic Mezzanine Fund III on EUR 320m, an increase in fund size of 30% compared to its predecessor.
UK - CBPE Capital meets revised target; closes eighth fund on £405m
CBPE Capital has now confirmed that it has closed its latest fund, CBPE Capital Fund VIII, on ТЃ405m, below its initial ТЃ500m target, but still greater than its predecessor vehicle which closed on ТЃ360m in 2004.
EUROPE - Exciting times for venture
Venture's simple business model of providing equity without relying on cheap finance or financial chicanery stands it in good stead for the future, argues Index Ventures' Ben Holmes in a recent video with unquote's Rikke Eckhoff.
UK - CBPE nears £400m close for eighth buyout fund
Close Brothers Private Equity is reportedly near a ТЃ400m close for its maiden fund, below its initial ТЃ500m target.
DACH - Finatem reaches EUR 120m for third fund
Finatem has held a first close of its third fund, Finatem III, on EUR 120m, around 80% of the target.
UK - MTI and YFM to manage £9m NWDA fund.
MTI Partners and YFM Group have received a mandate from the Northwest Regional Development Agency to jointly manage a new ТЃ9m capital pool.
UK - Braveheart launches Beta EIS Fund
Braveheart Ventures has launched its Beta EIS Fund, a successor to the Group's Alpha EIS Fund.
GLOBAL – Unigestion's Secondary Opportunity II hits EUR 135m first close
Privately-owned asset manager Unigestion has held a first close of Unigestion Secondary Opportunity Fund II on EUR 135m.
UK – BC Partners looking to raise EUR 5.8bn for new fund
BC Partners is reportedly planning to raise a new EUR 5.8bn fund, proof that the large-cap sector could be reviving.
FRANCE - NBGI closes first fund on EUR 100m
NBGI Private Equity France has closed its maiden fund on EUR 100m.
EUROPE - HgCapital to close sixth fund on £1.85bn
Mid-market investor HgCapital is close to a final close of almost ТЃ2bn for its sixth buyout fund, above its original target.
GLOBAL - Blackstone raises $9bn so far for its sixth fund
According to reports based on a letter to its investors, Blackstone has so far raised about $9bn for its sixth buyout fund, BCP VI, and is hoping to hold a final close of the vehicle in June.
CEE - First turnaround fund for CEE secures EUR 36m
The European Bank for Reconstruction & Development (EBRD), Central and Eastern Europe (CEE)'s largest limited partner, has teamed up with the IFC and asset manager CRG Capital to launch the region's first restructuring fund with initial commitments of...
SPAIN - Iame shuts down fundraising
Iame Capital has has announced that it is no longer seeking to to raise Brand Capital Made in Spain (BCS), a EUR 500m fund launched in the first half of 2008.
SWITZERLAND - BioMedPartners reaches final close on CHF 106m
Healthcare venture firm BioMedPartners has reached the final close for BioMedInvest on CHF 106m.
UK - Blackstone in tallks with Branson for Northern Rock
Blackstone is reportedly in talks with Sir Richard Branson's Virgin Money about a bid for state-owned Northern Rock's "good bank", which could be worth up to ТЃ2bn.
UK - Osmond plans to list £500m turnaround vehicle on the LSE
Financier Hugh Osmond, the man behind private equity firm Sun Capital, is reportedly planning to launch a new ТЃ500m investment vehicle on the London Stock Exchange, aimed at investing in big private equity-backed companies that have been crippled by...
Argentius to open offices in Luxembourg
Augentius Fund Administration Group has received regulatory approval for the opening of its office in Luxembourg.
MVision boosts real estate team with two new hires
Placement agent MVision has appointed Mitchell B Sikora as managing director and Scott P Arden as director to the firm.
UK - YFM and MTI awarded mandate for interim North West venture fund
Venture investors YFM and MTI have been awarded a mandate to manage the ТЃ9m interim Venture Capital Fund for the North West region, an initiative launched by the Northwest Regional Development Agency to invest in small-to medium sized businesses in the...
GLOBAL - CD&R holds $5bn final close of eighth fund
US-based private equity firm Clayton, Dubilier & Rice (CD&R) has held a final close on its latest fund, Clayton Dubilier & Rice Fund VIII, on approximately $5bn, $1bn more than its predecessor vehicle which closed in 2006.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.