Funds
Graybella Capital pushes back first close for new fund to Q3
VC is using an SPV to still invest in companies and plans to merge it with the fund later
360 Capital holds €90m first close for fifth fund
Fund targets series-A and -B rounds in European startups and deploys tickets in the €2-10m range
BDC IV holds first close
To date, the Teachers' Retirement System of Louisiana has invested ТЃ50m in BDC IV
Cathay Capital raises €500m for Innovation II fund
Fund targets startups operating in a wide variety of sectors, with a focus on artificial intelligence
Cathay Capital closes Midcap II on €800m
Fund targets companies based in Europe, Asia and North America with high-growth potential and expansion plans
Deutsche Beteiligungs AG closes eighth fund; announces half-year results
Final close on €1.109bn comes after the fund's first close in December 2019 on €1bn
Main Capital Partners raises €564m for sixth fund
Vehicle reached its €564m hard-cap, following a €535m first close in December
InfraVia Growth Fund reaches €270m first close
New fund targets European B2B tech businesses involved in digitalising the economy
Axa Venture holds €200m first close for Diversified II
AVP Diversified II is the second vintage of AVP's fund-of-funds strategy
Ara Partners closes debut fund on $400m
Fund makes buyout and growth capital investments in companies based across North America and Europe
Isai reaches first close on €90m for Venture III fund
French VC's third early-stage venture vehicle brings its total assets under management to €500m
Ambienta raises $150m for absolute return fund
Ambienta X Alpha is managed by a team based in London, led by chief investment officer Fabio Pecce
Star Capital closes fourth fund on €140m
Fund targets Italian companies operating in a wide range of sectors and has a special focus on ESG
CDP commits additional €100m to FoF PE Italia
New commitment brings the total capital raised by the private equity fund-of-funds to €300m
Spanish GPs navigate tough fundraising, deal-making environment
Unquote rounds up notable funds delayed or postponed, and gathers dealflow updates from managers
Altamar holds first close for €750m secondaries fund
ACP 4 targets the growing market for GP-led secondary transactions
Eurazeo delays fundraising by up to nine months
GP's Growth Fund III was previously due to hold final close at the end of 2020
FIEE launches €175m second fund
FIEE is an Italian private equity firm dedicated to the energy efficiency and renewable sectors
US pension fund pulls back private equity commitments
Milwaukee County reduces commitments to four private equity funds, from $79.5m to $63.5m
Novum Capital closes second fund on €150m
Final close includes all investors from the GP's debut fund plus €40m in commitments from new LPs
BPE 4 holds final close on €135m
Vehicle held a first close on €122m in December 2019 and the vehicle has made its first investment
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
NPIF allocates £23.7m to Maven
Regions the fund invests in include Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside
Elysian III eyes first close in June
LPs in Elysian II include Hamilton Lane, Morgan Stanley and West Yorkshire Pension Fund