Funds
ITALY - Cape LIVE to invest EUR 5m in new SME fund
Cape LIVE is to commit EUR 5m to Equilybra Capital Partners, a private equity fund that is designed to invest in public and private SMEs.
SPAIN - Impala reaches interim closing
Impala has reached the interim closing of its second fund on EUR 150m and is expected to reach EUR 300m by June 2009.
SPAIN - MCH reaches first closing at EUR 225m
MCH has announced the closing of its third fund, MCH Iberian Capital Fund III, with EUR 225m in commitments, four months after it began fundraising.
SPAIN - Miura reaches final closing of maiden fund
Miura Private Equity has announced the final closing of its maiden vehicle, Miura Fund I, on approximately EUR 100m.
NORWAY - FSN Capital III closes on EUR 375m
FSN Capital Partners has closed its third fund, FSN Capital III, on EUR 375m, exceeding its EUR 300m target. The fund was substantially oversubscribed.
UK - Hotbed members get access to mainstream fund
For the third year running, private investor syndicate Hotbed Ltd has given its members the opportunity to invest alongside institutional investors by participating in a mainstream private equity fund run by Parallel Private Equity.
BENELUX/GERMANY - Waterland closes EUR 800m fund
Waterland has closed Waterland Private Equity Fund IV (WPEF IV) on EUR 800m, three months after its launch.
GLOBAL - 3i Infrastructure raises fresh funds
Despite the current sombre economic backdrop, 3i Infrastructure has launched a ТЃ114.6m new share issue to increase its warchest for investing in global infrastructure assets. The firm is issuing just over 108 million new shares at a price of 106 pence...
GLOBAL - TPG en route to closing record buyout fund
TPG Capital's latest fund is well on course to top Blackstone Group's record USD 21.7bn offering last year, reports suggest. The news comes just a day after it was reported that China's State Administration of Foreign Exchange has invested more than USD...
GLOBAL - China invests USD 2.5bn in TPG fund
China's State Administration of Foreign Exchange has agreed to invest more than USD 2.5bn in the latest TPG fund.
UK - Bayside closes H.I.G. Bayside fund II at USD 3bn
Bayside Capital, the distressed debt affiliate of H.I.G. Capital, has held the first and final closing of its H.I.G. Bayside II fund with total commitments of USD 3bn.
ITALY – EstCapital launches first closed-end alternative energy fund
Asset management firm EstCapital Sgr has launched RealEnergy, the first closed-end fund investing in photovoltaic and alternative energy sources in Italy.
CEE - Da Vinci raises USD 110m
Da Vinci CIS Private Sector Growth has raised USD 110m for investments in both non-listed equity and equity-related securities of companies located in the CIS region.
GLOBAL – Lime Rock closes fifth fund on USD 1.4bn
Lime Rock has closed its fifth fund, Lime Rock Partners V LP, on USD 1.4bn. The fund will continue the firms focus on global growth capital opportunities in energy projects.
UK - ACP Mezzanine to raise EUR 80m
ACP Mezzanine Ltd, a subsidiary of ACP Capital Ltd, has announced plans to raise EUR 80m through a secondary placing to new and existing investors. A total of 133.33 million shares would be placed priced at 60 pence per share.
EUROPE - Carlyle closes third European real estate fund on EUR 2.2bn
The Carlyle Group has closed its third European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III), on EUR 2.2bn, exceeding its EUR 1.5bn target. Including leverage, the vehicle will have an investment capacity of EUR 9bn.
FRANCE - AXA PE closes fourth fund on EUR 1.6bn
AXA Private Equity has closed its fourth fund, AXA LBO Fund IV,on EUR 1.6bn.
FRANCE - Demeter Partners set to launch EUR 200m fund
Demeter Partners is set to launch its new EUR 200m fund Demeter 2. According to reports the new fund is set to be launched before the start of the summer and is expected to close before the end of 2008.