Funds
EUROPE - Investcorp Technology Fund exceeds target by $100m closing on $500m
Investcorp Technology Partners (ITP) has completed the fundraising for its latest vehicle Investcorp Technology Partners III (ITP Fund III) raising $500m. The final close exceeded the fund's initial target of $400m and beats the $300m raised for ITP Fund...
UK - Bowmark Capital closes £265m fund in ten weeks
Bowmark Capital has closed its new fund, Bowmark Capital Partners IV, with total commitments of ТЃ265m, only ten weeks after its launch last year. With 23 investors, the fund was significantly oversubscribed at its hardcap following the success of Bowmark's...
FINLAND - CapMan Technology 2007 closes on EUR 142m
CapMan Technology 2007 has closed on EUR 142.3m, just short of its EUR 150m target. The vehicle employs a 10+1+1 structure and is based in Gurnsey.
DACH - Ventizz Capital Fund IV closes on EUR 450m
Ventizz Capital Partners has closed Ventizz Capital Fund IV LP with EUR 450m of total commitments, making the fund one of the largest private equity vehicles for the DACH region. Raised in approximately six months, the fund closed above its initial EUR...
UK - Matrix looks to raise additional £15m for Income & Growth VCT
Matrix Private Equity Partners (MPEP) is aiming to raise ТЃ15m in an S share offer for The Income & Growth VCT, formerly named TriVest VCT, on the back of strong performance in the sector and by MPEP. The new S share fund will be managed separately from...
EUROPE - Index closes first ventures growth fund on EUR 400m
Index Ventures has closed its latest fund Index Ventures Growth I LP on EUR 400m. The fund was formed to address the market opportunity created by the maturation of Europeтs start-up industry and the movement of traditional late-stage investors into larger...
FRANCE – I-Source Gestion closes new fund I-Source 3
I-Source Gestion has closed I-Source 3 on EUR 60m. The fund will be used to continue I-Source’s early-stage venture investments in information and communication technology companies in Western Europe.
Q & A – Funds-of-funds speak out
Christophe Bavière of AGF Private Equity, Vincent Gombault of AXA Private Equity and Dan Kjerulf of Danske Private Equity discuss the funds-of-funds landscape.
ITALY - New fund to invest in Central and South America
The Fondo America Centrale e Meridionale will invest in Central and South American companies acquiring participations to a maximum of 49% of the firm's social capital.
SPAIN - Impala fails to meet deadline set for its second closing
Impala Capital Partners has failed to meet the deadline for the second closing of its second vehicle.
FINLAND - CapMan establishes EUR 835m real estate fund
CapMan has held a first close of CapMan Hotel RE Ky, a real estate fund, on EUR 835m.
GERMANY/UK - Wellington closes EUR 265m fund and opens London office
Venture capital firm Wellington Partners has made two announcements that show a shift towards pan-European venture. The VC has closed a EUR 265m fund, Wellington Partners IV Technology, surpassing its target of EUR 250m in just over six months. The fund...