Funds
CEE – Horizon reaches final close on USD 390m
Horizon Capital has reached the final close for its newest fund, Emerging Europe Growth Fund II, LP (EEGF II) on $390m, significantly above its $300m target.
UK - TowerBrook closes third fund
TowerBrook Capital Partners has held a final close of its third vehicle, TowerBrook Investors LP III, on USD 2.8bn.
EUROPE - LSP reaches first closing of LSP IV at EUR 75m
Life Science Partners has reached the first closing of their fourth fund, LSP IV, on EUR 75m - half way through its EUR 150m target.
SPAIN - Realza closes maiden fund on EUR 170m
Realza Capital has closed its inaugural fund at EUR 170m, EUR 50m above the initial target.
FRANCE - CAPE launches two FCPI funds
Crédit Agricole Private Equity (CAPE) has launched two FCPI funds, LCL Innovation 2008 and Crédit Agricole Croissance 2008.
NORWAY - Herkules closes largest ever Norwegian private equity fund
Herkules Capital (formerly Ferd Private Equity) has launched and closed its third fund, Herkules III, on more than NOK 6bn (approximately EUR 700m), making it the largest Norwegian private equity fund ever raised.
UK - Carbon Trust and QIA to launch £250m fund
The Carbon Trust and the Qatar Investment Authority (QIA) are to launch a ТЃ250m fund dedicated to clean technology investments.
EUROPE - Carlyle raises EUR 530m for European technology
The Carlyle Group has closed its second European technology fund, Carlyle Europe Technology Partners II (CETP II), on EUR 530m, exceeding its initial target of EUR 500m.
EUROPE - Bridgepoint closes fourth fund EUR 800m above target
Bridgepoint has closed its fourth fund, Bridgepoint Europe IV Fund, on more than EUR тЌ4.8bn - well above its original target of тЌ4bn.
ITALY - Vertis reaches first closing on EUR 40m
Vertis Sgr has reached the first closing of its new vehicle, Vertis Capital, on EUR 40m.
FRANCE - Pechel III holds final close on EUR 165m
Pechel Industries Partenaires has held its final close of its new fund, Pechel Industries III, on EUR 165m; ahead of its EUR 150m target but within the hard-cap of EUR 180m.
CEE - Arx III holds first close on EUR 83m
Arx Equity Partners has held the first close of its third fund, Arx CEE III, on EUR 83m.
EUROPE - Beechbrook launches maiden fund with USD 75m
Beechbrook Capital has launched its first fund, Beechbrook Mezzanine I LP, with an initial commitment of up to USD 75m.
UK - Alchemy considering new distressed debt fund
Reports suggest that Alchemy Partners is contemplating launching a second fund targeting distressed debt and special opportunities.