Funds
DACH – Heliad Equity Partners to announce Heliad II fund
Heliad Equity Partners will soon announce the launch of Heliad II, which is currently in premarketing. The fund has a target of EUR 130m and will invest in later stage companies in the DACH region. London-based Greenpark Capital will act as a cornerstone...
ITALY – Venture capital fund for start-up SMEs
Simest has signed an agreement with BNL, part of BNP Paribas, to manage a fund targeting SMEs in the start-up phase wishing to internationalize outside the EU.
FRANCE – Siparex closes EUR 150m fund
Sigefi Private Equity subsidiary Siparex Group has closed Siparex Middle Market II on EUR 150m. The new fund will make growth capital/LBO investments ranging between EUR 5m to EUR 15m in SMEs with valuations of up to EUR 150 m.
FRANCE – Natixis & Seventure launch new funds
Natixis Private Equity and its subsidiary Seventure Partners have launched two new funds. Natixis has launched FCPR fund called Natixis Dévelopment and Création 2008 which will seek to invest in small to mid-cap companies. More specifically, at least...
UK - Darwin holds third close and grows team
Darwin Private Equity has held a third close of its maiden fund on ТЃ207m. The private equity house is targeting a final close of ТЃ250m.
GLOBAL – Partners closes EUR 447m mezz fund
Swiss-based asset manager Partners Group has reached a EUR 447m final close for its global mezzanine fund, soaring past the EUR 300m target. The fund has already made 11 investments in 2008, corresponding to 50% its capital.
CEE – Connexio and ZJ to launch new private equity product
According to sources, Austrian management consulting companies Connexio and ZJ Consulting plan to launch private equity fund focusing on Central and Eastern Europe.
GERMANY – SHS III reaches first closing
SHS III, the third fund managed by Tübingen-based SHS Gesellschaft für Beteiligungsmanagement, has raised EUR 40m from investors in Germany and across Europe. The fund is geared to financing young, innovative companies in the life sciences and healthcare...
UK - Close Ventures closes VCT fund top-up
Close Ventures has closed the top-up round for Close Enterprise VCT PLC with more than ТЃ10m in commitments.
UK - Advent closes €6.6bn buyout fund
Advent International has closed GPE VI on its hard cap of тЌ6.6bn.
FINLAND - Amanda Capital launches new fund for listed private equity
Amanda Capital has launched a new mutual fund, Amanda SICAV-SF- Liquid Private Equity Fund (Amanda LPE), that will invest in globally listed private equity firms and funds.
EUROPE – DN Capital reaches EUR 50m first close
Unquoteт has learned from a limited partner that European early stage and growth equity investor DN Capital has reached a first close of its second fund, Global Venture Capital II (GVC II). The fund raised just under half of its EUR 100m target and should...
UK - MTI holds first close of university fund
MTI and The University of Manchester have held a first close of UMIP Premier Fund on тЌ42m. The fund will focus exclusively on spin-outs from The University of Manchester.