Funds
Blue Equity holds first close on €78m for third fund
Latest fund will focus on acquiring majority and minority stakes in Danish B2B companies with revenues of DKK 50-250m
OpenGate heads for third fund launch targeting up to $700m
GP is currently investing its second fund, which held a final close on $585m in November 2019
Neuberger Berman launches ELTIF
Fund focuses on buyout opportunities blended with some growth and structured equity
Top Tier Capital closes European fund on €260m
Fund makes primary and secondary investments in venture capital funds and co-investments in select portfolio companies
Early-stage investor Antler closes Nordic fund on €29.6m
Fund was oversubscribed and includes Draper Esprit, Kistefos, VУІkstfonden and Investinor as LPs
Livingbridge reaches £1.2bn mark for seventh fund
Partner Fiona Dane recaps the fundraising effort, which is double the size of its predecessor, with Harriet Matthews
Eurazeo launches PME IV Fund
Eurazeo's PME arm deploys equity tickets of €20-100m, focusing on French mid-market businesses with EV of €50-200m
Taaleri prepares bioindustry-focused fund launch
Fund will typically invest тЌ5-25m and will look at both majority and minority situations
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
Capza 5 Flex Equity Fund closes on €700m
Fund offers flexible financing that combines majority and minority equity, convertible bonds and mezzanine
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
Airbridge Investments contemplates new fundraise
Fund could tap family offices and wealthy individuals, while the VC's founders have so far invested their own capital
YielCo holds closes for PE and co-investment funds
YielCo Special Situations Europe II is targeting тЌ300m; YielCo Defensive Investments targets тЌ150m
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
Xenon closes small-cap fund on €85m
Xenon Small Cap Fund is dedicated to investments in Italian companies generating EBITDA of up to €3m
Golding makes hires for new impact investing team
Fund-of-funds manager is to launch its first impact fund in H2 2021, having hired the team of Sonanz
Gyrus holds close for Gyrus Investment Program
Program comprises Gyrus Principal Fund and its co-investment Cortex fund; it has a тЌ400m hard-cap
Amadeus V Technology Fund closes on £110m
Fund invests in seed and series-A startups specialised in science and engineering-led innovation
Flexstone reaches $322m second close for co-invest fund
Firm is gearing up to announce a fourth co-investment deal for Global Opportunities IV in May
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its тЌ6.5bn predecessor
Capza closes fifth debt fund on €1.6bn, prepares new launch
Fund invests in SMEs with EBITDA of more than €12m, providing unitranche and mezzanine
FlyCap targets €25-35m for mezzanine fund
Latvian government's development finance institution Altum commits around 60% of the fund