Funds
EUROPE - KKR closes European annex fund
US-based buyout giant KKR has closed a EUR 400m annex fund to support additional equity investments for portfolio companies of its second European fund, which closed in 2005 on approximately EUR 4bn.
FINLAND - Sentica closes latest fund above target on EUR 113m
Finnish private equity firm Sentica Partners has held a fourth close of its lower mid-market buyout fund on EUR 113m, exceeding its EUR 100m target.
GERMANY - The Foo launches EUR 25m sustainability fund
Munich-based venture firm The Foo has launched a EUR 25m sustainability fund, which will aim to make investments that fit social, ecological and economical sustainablility criteria.
GLOBAL - LGT Capital holds $268m first close of secondaries fund
LGT Capital Partners has held a first close of its global secondary fund, Crown Global Secondaries II (CGS II), on $268m.
GLOBAL- TA Associates closes 11th fund on $4bn
Private equity firm TA Associates has closed its latest fund, TA XI, on $4bn, comfortably surpassing its $3.5bn target.
CEE - Carlyle spinout Resource Partners attracts soft commitments
Resource Partners, the CEE private equity team spawned by Carlyle Group's attempt to set up shop in the region, is believed to be nearing a first close for its EUR 200m debut fund.
FRANCE/GERMANY - Demeter holds second close on EUR 182m; backs IGIP
Demeter Partners has held a second close its EUR 200m fund Demeter 2 on EUR 182m. The fund was launched in November 2008, and takes over from its predecessor Demeter, which closed in October 2006 on EUR 105m and is now fully invested. Both funds backed...
ITALY - SICI launches new fund
Sviluppo Imprese Centro Italia (SICI) has launched Toscana Innovazione, a new €44m fund subscribed to by the financial institution of the Tuscan Region and the Cameral System.
FRANCE - 21 Partners holds first close of fourth fund on €200m+
Franco-Italian buyout house 21 Partners has held a first close of its fourth French private equity fund, 21 Centrale Partners IV, attracting commitments exceeding €200m.
SPAIN - Nauta reaches first close at EUR 50m
Nauta Capital has reached a first closing of its third fund on EUR 50m. A second closing on the target of EUR 100m is expected in the coming months.
FINLAND - CapMan closes real estate fund on EUR 872.5m
Finnish asset manager CapMan has held a final close of its hotel real estate fund, securing more than EUR 332m equity in addition to EUR 540 senior debt, bringing the total investment capacity to in excess of EUR 872m. CapMan committed EUR 5m to the fund....
UK - PROfounders Capital holds first close of new venture fund
London-based PROfounders Capital has held a first close of its inaugural VC fund. No financial details were disclosed.
FINLAND - CapMan Public Market Fund holds final close at EUR 138m
CapMan has held a final close of its Public Market Fund on EUR 138m. CapMan plc's own commitments are reduced from EUR 15m to EUR 7m.
ITALY - Xenon PE holds first close at EUR 113m
Xenon Private Equity has held a first close of its fifth fund, reaching EUR 113m towards a EUR 130m target.
GLOBAL - Pomona Capital surpasses $1bn target for secondaries fund
Global private equity firm Pomona Capital has held a final close of its seventh secondaries fund, Pomona Capital VII, at $1.3bn, surpassing its original $1bn target.
FRANCE - EdRIP holds first close of Winch Capital 2 on EUR 175m
Edmond de Rothschild Investment Partners (EdRIP) has held a first close of its new fund, Winch Capital 2, on EUR 175m.