Funds
Lakestar holds final closes totalling $735m
Lakestar Growth I will target late-stage rounds, while Lakestar III will focus on early-stage
Vespa Capital closes third flagship fund on £150m
Simmons & Simmons provides legal advice, while Houlihan Lokey acts as placement agent
Pantheon on road for next credit secondaries fund
First fund closed on тЌ250m in February, with commitments from German LPs only
Speedinvest III closes on €190m
Announced in February 2019 with a target of €175m, the fund closed on its hard-cap
StepStone names secondaries-focused Johnston as partner
Adam Johnston is a member of StepStone's private equity secondaries practice
US pension set to back Pantheon secondaries fund
Pantheon Global Secondaries Fund VI has a focus on GP-led transactions in Europe and North America
Mubadala commits €1bn to BPI France mega-fund
Fund aims to raise €10bn, which will be invested in approximately 15 listed companies
CapitalT holds first close for debut fund
VC firm was founded by Janneke Niessen and Eva de Mol, and will target €40m for its first vehicle
OTB Ventures closes debut fund on $100m
Fund deploys equity tickets of up to $15m in technology startups based in central and eastern Europe
Atomico closes fifth-generation fund on $820m
Atomico V is the largest of any Europe-based venture fund in 2020, according to Unquote Data
Vertis to launch €120m fifth VC scaleup fund
Fund will target companies with revenues of at least €5m, operating in a wide range of innovative sectors
NB Renaissance Partners III close to hitting €1bn target
Fund acquires majority stakes in Italian mid-market companies operating in a wide range of sectors
KKR closes Global Impact Fund on $1.3bn
Fund targets lower-mid-market companies in the Americas, Europe and Asia, which contribute to sustainable development
August Equity Partners V closes on £300m, acquires Air IT
Fund held a first close in December 2019 on almost ТЃ200m and closed on its hard-cap of ТЃ300m
Nexxus Iberia closes first Spanish fund on €170m
Fund targets investments in Spanish companies with potential to be expanded into Mexico and the US
Montefiore raises €1bn through two new funds
Montefiore Investment V targets French mid-market companies operating in the services sector
Oxx holds $133m final close for debut fund
Venture fund held a first close on $100m in May 2018 and will focus on B2B software companies
Women Equity Partners launches debut fund
Fund will follow a data-backed investment strategy, targeting women-led SMEs in France
INVL closes Baltic Sea Growth Fund on €165m
Fund's predecessor, Invalda INVL, recorded an average 27% gross IRR and 2.4x money
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
HarbourVest and Vanguard agree strategic partnership
Strategic partnership will see new PE funds raised annually to be accessed by Vanguard clients
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
VR Ventures announces €40m first close for debut fund
Fund is backed by banks including Berliner Volksbank and will focus on financial and property technology
GPF Capital closes third buyout fund on €300m
Fund targets SMEs operating in a wide range of sectors and generating EBITDA in excess of €3m