Funds
Schroders gears up for new VC fund-of-funds
Schroders Capital Private Equity Global Innovation Management XI has been registered in Luxembourg
Ergon holds EUR 800m final close for Fund V
New EUR 800m fund is almost 40% larger than its EUR 580m, 2018-vintage predecessor
LongeVC mulls 2023 fundraise for second fund
Biotech-focused VC could hit the road for new USD 180m-200m vehicle once Fund I’s hard-cap is reached
Naxicap preps for Fund III with eyes set on DACH, Benelux expansion
Sponsor expected to hit the road “soon” for its new EUR 1bn-plus small mid-cap buyout fund
Endeit Capital extends third fund to EUR 303m
Fund's EUR 250m 2021 final close has been extended by commitments from the KfW and existing LPs
AIB, Foresight launch SME Impact Fund with EUR 75m target
Fund has a EUR 30m commitment from AIB and expects to back its first Irish SMEs in Q3 2022
Seaya launches EUR 300m sustainable venture capital fund
Seaya Andromeda held first close on EUR 130m backed by Iberdrola, Nortia and Fond-ICO Next Tech
Capital Dynamics holds EUR 300m final close for Future Essentials II
Managing director Mauro Pfister speaks to Unquote about the firm's strategy and steady deployment
Force Over Mass gears up for Fund V
UK-based VC to start fundraising for new EUR 150m vehicle in the summer, following full deployment of its fourth vehicle
Cipio holds EUR 202m final close for Fund VIII
Technology growth capital and primary buyout vehicle plans to make four to six deals per year
SwanCap closes fifth fund at EUR 420m
New vehicle will make primary, co-investment and secondary deals; close to 50% deployed
MassMutual Ventures starts European deployment with USD 300m Fund III
New vehicle will focus on leading Series A rounds in digital health, fintech, enterprise SaaS, and cybersecurity
Elkstone Partners holds EUR 75m first close for start-up fund
Vehicle aims to reach EUR 100m hard-cap by November and will back up to 35 companies
Circularity Capital closes Fund II on extended EUR 215m hard-cap
New circular economy vehicle is 3x the size of predecessor with 80% of commitments from institutional investors
Ufenau closes Continuation III on EUR 563m
Swiss GP's new fund is backed by blue-chip secondary investors including StepStone and Five Arrows Secondary Opportunities
Cambridge Innovation Capital raises GBP 225m for Fund II
The VC firm's first closed-end fund will invest in Series A rounds of deep-tech and life science companies connected to Cambridge
Stirling Square gears up for fifth fund
Fund registration comes just over two years after the EUR 950m final close of Stirling Square IV
Western Balkans PE Fund gears up for debut vehicle first close
With a EUR 15m- EUR 20m close set for October, new SME-focused fund will now look to attract institutional investors from across Europe
17Capital closes debut Credit Fund on EUR 2.6bn
Fund is the GP's first to focus on NAV financing in the form of credit, rather than preferred equity
EQT sets Fund X hard-cap at EUR 21.5bn
GP is also on the road for funds including its EUR 4bn, impact-focused EQT Future Fund
Tilt Capital holds first close for debut energy transition fund
Co-founder Nicolas Piau speaks to Unquote about the GP's Siparex partnership. fundraise and strategy
Qualium III expects autumn final close
Vehicle will follow the investment strategy of its predecessor and has a EUR 500m target
Convent Capital holds first close for Agri Food Growth Fund
Growth capital vehicle will invest EUR 5m-EUR 20m per deal and has made its first investment
Getir backer Re-Pie launches EUR 70m VC fund
Re-Pie Ventures 1 plans to hold a first close by the end of 2022, general partner Mehmet Ali Ergin said