Funds
France Fundraising Pipeline - Q4 2020
Unquote rounds up the most notable fundraises currently ongoing in the French market across the buyout, venture and secondaries spaces
Kibo Ventures III holds first close
Fund invests in pre-series-A and series-A rounds, deploying initial tickets of €1-3m
Sella holds €30m first close for debut VC fund-of-funds
Vehicle targets European, US and Israeli VC funds that invest primarily in early-stage rounds
ECSO, private investors plan €1bn cybersecurity fund-of-funds
European Cyber Security Organization and eight private investors have approached the EC with a proposal
Seaya Ventures III holds €85m first close
Fund targets technology companies based across southern Europe, with the aim of supporting their expansion
White Star holds first close for $30m Digital Asset Fund
Fund invests in blockchain-enabled businesses at each layer of the tech stack, with a focus on Europe and the US
Investindustrial launches €600m China-Italy Fund
CIICF intends to support the expansion and development of Italian companies across the Chinese market
Arcano Secondary Fund XIV launches with €300m target
Fund will invest in mid-market buyout and growth capital vehicles across Europe and the US
Hg closes Saturn 2, Mercury 3 and Genesis 9 on hard-caps
Proskauer provided legal advice and Rede Partners acted as placement agent for the three funds
Nordic Capital X reaches final close on €6.1bn
GP's largest fund so far took six months to raise and was oversubscribed
Elysian III closes on £325m hard-cap
In conjunction with the fund close, the firm has announced the promotion of Jack Jacovou to partner
Faraday launches €40m venture capital fund
Faraday Europa I will invest in early-stage startups with potential for high-growth and rapid value creation
Highland Europe launches $706m Technology Growth IV
GP held a final close for Highland Europe Technology Growth III in June 2018 on тЌ463m
Eos Capital Partners holds final close for debut fund
GP has so far invested in companies in industrial automation, software and business training
Pantheon and LGT take lead on Medixci continuation vehicle
New €200m vehicle has closed in connection with a six-asset deal
Notion IV to close in 2020 above £125m target
LPs in the fund include Nuclear Liabilities Fund, Pentland Group, Pool Reinsurance Company and Pruger
Kindred's second fund closes on £81m
Kindred is currently projecting that around тЌ5.4m will be returned to founders from Kindred I
Ardian Expansion V closes on €2bn
Launched in January 2020, the fund's original target was €1.5bn - already 50% larger than its predecessor
Anima Alternative launches €200m direct lending fund
Fund will deploy financing to support the recovery and expansion of Italian SMEs operating in a wide range of sectors
Clean Growth Fund to close in 2021 on £150m hard-cap
Typical equity cheques will start at ТЃ500,000-3m for any initial investments
Talde launches €150m fund
Fund targets Spanish companies operating in a wide range of sectors, with revenues in excess of €20m
Equita Private Debt II holds €100m first close
Fund invests in senior unitranche and subordinated bonds in sponsor-led transactions
Sagard NewGen holds first close for €300m first fund
Fund invests in majority and minority stakes of European companies with revenues of up to €150m
HIG European Capital Partners III sets target on €1bn
GP is also fundraising for HIG Europe Middle Market LBO Fund, which has a target of тЌ2bn