Funds
Evoco holds final close for third fund
Switzerland-headquartered GP acquires lower-mid-market companies via portfolio deals
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
Permira closes second growth fund on USD 4bn
Luxembourg-registered Permira Growth Opportunities II has made four investments so far, all in the US
Norvestor registers two funds
Nordic-focused GP has registered flagship fund Norvestor IX, as well as Novestor SPV II
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
Hayfin exceeds EUR 2bn target for Special Opportunities Fund III
Credit fund will target opportunities arising from post-pandemic dislocation
Pureos Bioventures to raise new fund in 2022
VC firm will likely start fundraising next year once its first fund is fully invested
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
MVI closes MVI Fund II above target
MVI Advisors has held a final close for its second fund on SEK 1.1bn
DevCo raises EUR 260m for fourth fund
Like its predecessors, DevCo IV will back a single asset operating in a niche international market
VC firm BGV kicks off fundraise for second growth fund
Upcoming fund will invest 80% of its target size in BGV's existing portfolio companies
Emeram forms EUR 100m continuation fund for Boards & More
Coller Capital has led the deal, joined by existing LPs from Emeram's 2013-vintage debut fund
Saga closes fund-of-funds on EUR 720m hard-cap
Saga was founded by three former employees of Danske Bank's private equity department
Nordic Capital registers latest flagship fund
Nordic Capital XI's registration follows the final close of its predecessor in 2020 on EUR 6.1bn
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
Eir closes life sciences venture fund on EUR 122m
Nordic-based Eir Venture Partners has held a final close on EUR 122m for Eir Ventures I
MTIP holds USD 250m final close for second fund
Health technology firm has made five deals from the fund and expects to back 10 companies in total
Speedinvest launches EUR 80m Climate & Industry Opportunity fund
Fund is intended to back the VC's existing industrial and climate technology startups
Supernova Capital aiming to raise EUR 250m by end of 2022
VC is also considering launching a new fund, Supernova 3, by Q1 2023
Partech closes second growth fund on EUR 650m
Second vehicle is significantly larger than its predecessor, Partech Growth I, which raised EUR 400m in 2015
Tenzing raises GBP 100m Belay Fund
Vehicle can invest up to GBP 150m and will back the GP's Tenzing II portfolio companies
Capiton holds EUR 504m final close for sixth fund
Capiton VI is now 36% deployed across seven deals and expects to make up to 15 platform investments
UVC holds final close for third fund
UVC Partners has a deployment capacity of EUR 255m with its flagship fund and new Opportunity Fund