Funds
Aldea Ventures holds €60m first closing
Fund follows a hybrid strategy, investing both in small VC vehicles and technology startups
Ardian buys LP interest in Bregal Freshstream
Freshstream I is a fund established in 2015 with €600m in commitments, and targets mid-market companies
Lexington Co-Investment Partners V closes on $3.2bn
Fund focuses on co-investments alongside private equity sponsors, primarily in US and European companies
Riverside Europe VI closes on €465m
REF VI invests in European companies with high-growth potential, generating EBITDA of тЌ5-30m
UVC Partners set for Q2 2021 final close for third fund
UnternehmerTUM Fonds III is targeting €150m and held a first close in October 2020 on €108m
Capza Growth Tech Fund eyes €250-300m target
Fund invests in tech companies across continental Europe, with the aim of boosting their expansion
Target Global heads for Growth II final close
Fund will make series-B and -C investments; it has a target of тЌ400m and a hard-cap of тЌ600m
Gyrus Principal Fund to close in Q2 2021
Fund focuses on healthcare, technology and sustainability, and expects to close on its €400m hard-cap
Commonfund Venture Partners XIII closes on $625m
CVP XIII plans to deploy the majority of its capital in established early-stage global venture capital funds
Newion to start raising two new funds in Q4
Larger fund will support seed and series-A rounds, while the other will target more mature companies
Capiton heads for summer final close for sixth fund
Capiton VI has a €550m target; Capiton V held a final close in January 2015 on €440m
NB Renaissance Partners III raises €950m, close to hit target
Fund acquires majority stakes in companies operating across a wide range of sectors, primarily based in Italy
Investcorp lines up second Europe-dedicated fund
Previous fund was set up in 2019 with Coller to transfer six companies acquired on a deal-by-deal basis
Italy Fundraising Pipeline - Q1 2021
Unquote compiles a round up of the most notable fundraises ongoing across the Italian market, including Clessidra, Quadrivio, Mandarin, and more
Earlybird heads for Growth Opportunities final close
European VC investor is also fundraising for its latest Digital West and Health funds
Equita Private Debt II holds second close on €131.5m
Fund provides debt financing in small to medium-sized buyout transactions led by private equity sponsors
Triton Smaller Mid-Cap Fund II closes on €815m
Fund will follow the same sector and value-creation strategy as TSM I, albeit with larger equity tickets
Inovia Capital closes second growth fund on $450m
Inovia will use the new fund to grow its presence in the UK and Europe
DACH Fundraising Pipeline - Q1 2021
Unquote compiles a roundup of the most notable fundraises ongoing across the DACH market, including Capiton, Afinum, Gyrus, Cipio, and more
Register for the Private Debt Secondaries virtual event
Tune in to listen to leading industry participants as they discuss the outlook for private debt secondaries on Thursday 25 March at 2pm GMT
Activa Capital IV holds €100m first close
Fund invests in management buyouts of French companies operating in the B2B services industry
PAI Mid-Market Fund closes on €920m
Fund invests in European mid-market companies across France, Germany, the Benelux region and southern Europe
Permira gears up for second Growth Opportunities fund
Fund is expected to follow the same strategy as its predecessor, which closed on $1.7bn in June 2019
Passion Capital opens third fund to retail investors through Seedrs
Passion launched the fund in late 2017 and has already made 11 deals through the vehicle