Funds
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
Kiko Ventures launches GBP 375m cleantech investment platform
New evergreen VC investment platform is backed by London-listed investment firm IP Group
Phoenix Court Group raises USD 500m for four VC strategies
London-headquartered VC is raising for its LocalGlobe, Latitude, Solar and Basecamp funds
LGT Capital closes first dedicated impact fund on USD 550m
Crown Impact will make co-investments, as well as primary and secondary fund investments
Project A holds USD 375m final close for Fund IV
Vehicle includes a component of up to USD 80m for the German firm’s PE co-investments
Shard Credit holds first close for GBP 75m debut venture debt fund
GP has so far raised GBP 16.5m; hopes to hold final close by June 2023 on hard cap of GBP 100m
High-Tech Gründerfonds holds first close for fourth seed fund
German investor aims for second close later this year after receiving over EUR 400m in commitments
Alto preps new vehicle as Fund IV deployment nears completion
Italian investor is preparing for new fund investing in Italian SMEs specialising in consumer, industrial, services and pharma sectors.
360 Capital holds EUR 45m first close on early stage tech fund
Square II will invest in pre-seed and seed rounds with a focus on French B2B software, consumer disruption, deeptech
Main Capital on the road for debut growth fund with more fundraises in sight
New vintage of existing strategies and a healthcare-focused continuation fund are also on the agenda for the software-focused GP, according to founding partner and CEO Charly Zwemstra
Synergia plans EUR 200m Fund VI final close by end of 2022
GP is targeting family offices and entrepreneurs and aims to hold a EUR 150m first close by the end of June
Spire Capital gears up for first close for EUR 110m fund
Polish tech-focused sponsor is centring fundraising efforts for its debut vehicle on institutional LPs
Unigestion launches third Direct fund with EUR 1bn target
Strategy invests in mid-market companies alongside the GP's investment partner network
Forbion exceeds Growth Opportunities II target with EUR 470m first close
Biopharma GP sees growing demand for private capital amid IPO lull; gears up for EUR 600m hard-cap by summer end