Funds
Amundi PEF nears first close for Megatendances II fund
Megatendances II is being marketed to both retail and institutional investors
Ion Pacific targets $150m for VC secondaries fund
Firm focuses on direct secondaries and LP interests in VC funds, as well as GP recapitalisations
Stirling Square closes fourth fund on €950m
Fund targets buyouts in European mid-market companies with enterprise values of тЌ50-500m
Apax France closes Apax Development Fund on €255m
Launched in Q4 2017, the small-cap and lower-mid-market fund surpassed its €225m target
ICG closes third secondaries fund on $2.4bn
ICGSE III targets secondaries transactions, with a primary focus on complex fund restructurings
BPI France to hold first close for Silverlake fund - reports
The fund, which has a target of more than €10bn, will be backed by third-party money
GreyBella Capital to launch new fund by mid-2020
Fund targets series-A and -B rounds in companies operating in life sciences and complex technologies
Gyrus announces new deal, appoints Tobin as partner
Gyrus Capital announces the buyout of Essential Pharma and adds to its team ahead of a new round of fundraising
Initiative & Finance closes FPCI III on €200m
GP also launches a mid-market vehicle with an environmental focus called Tomorrow Private Equity Fund
Metrika launches €150m maiden fund
Vehicle targets majority and controlling minority stakes in export-orientated Italian companies
Unigestion launches Secondary V
Latest vehicle will target non-auctioned small and mid-market secondaries opportunities
Avallon holds €80.6m first closing for third fund
Fund completed its first deal, backing Poland-based household cleaning products manufacturer Clovin
Active Partners closes third fund on £100m
Active Partners closed its predecessor fund, Active ECF, on $40m in September 2016
Stafford launches €750m infra secondaries fund
Fourth core infrastructure secondaries fund is set to be twice the size of its predecessor
Omnes holds first close for Capenergie 4 on €380m
Fund completed its first deal, backing Denmark-based solar energy provider Better Energy
PAI Partners to launch €600m mid-market fund
Vehicle will target companies based across Italy, Spain, Germany, France and the Benelux region
Ardian closes fourth private debt fund on €3bn
Launched in Q4 2017, Ardian Private Debt Fund IV is 50% larger than its predecessor
Blossom closes Fund II on $185m
Portfolio companies include UK-based Duffel, Swiss company Frontify and Ireland-based Tines
Equip Capital I eyes €150m final close, inks sixth deal
Fund invests in Nordic companies operating in the consumer, industrial and business services sectors
Former Ireland-based Carlyle team launches debut Melior fund
Melior Equity Partners' debut fund is targeting тЌ200m, according to press reports
415 Capital holds first close for maiden fund
Medtech-focused VC fund will target startups involved in the treatment of cardiovascular diseases
Pantheon Global Secondary Fund VI to close in 2020
Pantheon's latest vehicle, Global Secondary Fund VI, is expected to hold a final close in 2020, Unquote understands.
Portobello Capital launches €300m minority-focused fund
Portobello Structured Partnership I will target minority stakes in mid-market companies
Trocadero holds €120m first close for third fund
Small-cap and lower-mid-market fund Croissance & Transmission III nears its €150m target