Funds
SPAIN - Santander suspends fundraising for fund-of funds
Santander has suspended the fundraising of its fund-of-funds vehicle Santander Private Equity II due to a lack of interested investors.
NETHERLANDS - Sitra joins Capricorn Cleantech Fund
Finnish Innovation Fund Sitra has commited EUR 10m to the Capricorn Cleantech Fund, which held its final close on EUR 100m last May.
ITALY - 21 Investimenti closes second fund on EUR 280m
21 Investimenti, the private equity investment arm of the Benetton family, has closed its second fund, 21 Investimenti II, on EUR 280m, exceeding the initial target by 40%.
SWEDEN - Chalmers Innvoation launches SEK 110m venture fund
Chalmers Innovation has launched a new venture fund, Chalmers Innovation Capital, with capital commitments of SEK 110m.
FRANCE - Demeter 2 reaches first closing on EUR 125m
Paris-based European growth capital firm Demeter Partners has reached the first closing of its second fund, Demeter 2, on EUR 125m.
SPAIN - Ysios reaches first closing on EUR 67m
Ysios Capital Partners has reached the first closing of its maiden fund, Ysios BioFund I, on EUR 67m, making it the largest biotech fund currently operating in the Spanish market.
UK - ARCIS closes ESD Fund IV on EUR 354m
ARCIS Group has held the final closing of ESD Fund IV on EUR 354m.
ITALY - Equilybra reaches first closing on EUR 26m
Equilybra Capital Partners has announced the first closing of its maiden fund on EUR 26m. The vehicle expects to reach EUR 60m in commitments over the next few months.
ITALY - Cape and Helio launch EUR 70m renewables fund
Cape Natixis and Helio Partners have launched Cape Helio, a EUR 70m vehicle designed to invest in solar energy plants in Italy.
SPAIN - SGCRE launches seed capital fund
Basque Country Government-backed Sociedad de Gestión de Capital Riesgo de Euskadi (SGCRE) has launched Ekintzaile XXI, a EUR 5m fund to support seed and start up projects located in the region.
UK - Darwin closes maiden fund on £217m
Darwin Private Equity has closed its inaugural fund, Darwin Private Equity I LP, on ТЃ217m.
SWEDEN - Sustainable Technology closes cleantech fund on EUR 58m
Sweden-based Sustainable Technology Fund has held a third and final close of its new cleantech vehicle, Fund 1 LP, on EUR 58m.
UK - Pentech closes second fund on £45m
Scottish venture capital firm Pentech has reached the final closing of its second fund, Pentech Fund II, on ТЃ45m, subtantially exceding the ТЃ25m target.
DENMARK - Odin Equity Partners holds first close at EUR 220m
According to reports, Danish buyout house Odin Equity Partners has held a first close of its second fund on EUR 220m, surpassing its target of EUR 200m.
CEE - Nexus launches venture fund
According to reports, Croatia-based Nexus Private Equity Partneri has launched a new venture fund, Nexus Alpha.
EUROPE - Fortis launches EUR 400m clean energy fund
Fortis Investment has launched a new EUR 400m fund dedicated to investments in clean energy companies in Europe.
RUSSIA - Marshall raises USD 450m for two new funds
Marshall Capital Partners (MCP) has reportedly raised USD 450m for two new funds dedicated to investment in Russia and CIS: Marcap I, which is to acquire part of the assets currently owned by MCP, and Marcap II.
GERMANY – HANNOVER Finanz raises EUR 120m for evergreen fund
Hannover Finanz has raised a total of EUR 120m for its latest evergreen fund - the largest amount it has raised so far.
FRANCE - Newfund holds first close on EUR 63m
Newfund Management, the new private equity company created in 2007 by Francois Véron, has held the first close of its maiden fund, Newfund 1, on EUR 63m. Newfund 1 is expected to gather EUR 80m with a hard cap of EUR 100m.