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Funds

Direct secondaries acquisition
Mirabaud launches second PE fund

Fund will target sustainable investments and new technology in lifestyle-focused businesses

  • Funds
  • 16 January 2020
Fundraising in US dollars
Lexington closes ninth fund on $14bn

Vehicle is now the largest secondaries fund ever raised, with Ardian aiming to top it

  • Funds
  • 16 January 2020
Spanish fund closes and launches
Abac Capital targets €350m for second fund

Fundraising activity is expected to flourish in 2020, with numerous GPs wrapping up their funds

  • Funds
  • 16 January 2020
Fundraising in euros
Eureka Venture launches maiden €50m VC fund

Fund follows several recent launches of early-stage-focused vehicles across southern Europe

  • Funds
  • 15 January 2020
Fundraising in euros
EQT sets €14.75bn target for new flagship fund

EQT registered several vehicles in Luxembourg in November last year ahead of the launch

  • Funds
  • 15 January 2020
Fundraising in euros
BPE holds first close for BPE 4 on €122m

Germany-based, MBI-focused vehicle is targeting a final close on its €135m hard-cap in Q1 2020

  • Funds
  • 15 January 2020
Frederic Court of Felix Capital
Felix closes third fund on $300m

In conjunction with the fund close, the firm has also hired two advisers and a new CFO

  • Funds
  • 15 January 2020
Pharma-focused fundraises
G Square closes third fund on €500m

Investors in the fund include Adams Street Partners, Banca March, Cresta and Goodgrower

  • Funds
  • 14 January 2020
Fundraising in euros
Inveready holds €55m first close for private equity fund

Gaea Inversion has a €110m target and expects to hold a final close by the end of March 2020

  • Funds
  • 14 January 2020
Fundraising in dollars
Greenspring closes VC secondaries fund on $800m

Fund targets investments in expansion-stage companies as well as LP interests

  • Funds
  • 13 January 2020
European technology fundraise
SET Ventures Raises Fund closes third fund on €100m

Dutch VC closes the fund, launched in Q1 2019 and focusing on energy transition

  • Funds
  • 13 January 2020
Fundraising in US dollars
Portfolio Advisors hits first close for secondaries fund

Hard-cap of the secondaries vehicle amounts to $2.25bn, with a final close expected in H2

  • Funds
  • 10 January 2020
Fundraising in euros
ICG raises €1bn for Mid-Market fund, appoints two MDs

Peter Kirtley and Robin Molvin will support the deployment of ICG’s maiden Mid-Market fund

  • Funds
  • 10 January 2020
Used bank notes
Five Arrows Secondary Opportunities V closes on €1bn

Vehicle's predecessor, Five Arrows Principal Investments IV, closed on €451m

  • Funds
  • 09 January 2020
Fundraising in dollars
Platinum closes fifth fund on $10bn hard-cap

Platinum Equity Capital Partners V draws $10bn in commitments from more than 250 LPs in 30 countries

  • Funds
  • 09 January 2020
Fundraising in euros
Mérieux closes Mérieux Participations 3 on €377m

Fund targets businesses operating within the nutrition and food safety sectors

  • Funds
  • 08 January 2020
Investments in US dollars
Hollyport closes Secondary Opportunities Fund VII on $1bn

New vehicle has already acquired stakes in an Equistone legacy fund and in Indigo V

  • Secondaries
  • 08 January 2020
Fundraising in euros
SmartFin closes sophomore fund on €240m

Belgian early-stage and growth fund will provide €500,000-12m equity tickets

  • Funds
  • 06 January 2020
The flag of Benelux
Volta collects €35m for Volta Ventures II

New vehicle will provide funding to Benelux-based software and internet startups

  • Funds
  • 03 January 2020
Fundraising in dollars
Adams Street holds final close for 2019 Global Fund

Adams Street's global programme provides clients exposure to all of its investment strategies

  • Fund-of-funds
  • 23 December 2019
Euro-denominated fundraising
Meridia Capital to launch €150m second fund

Fund will target majority and minority stakes in Spanish companies generating revenues of €15-150m

  • Funds
  • 20 December 2019
Pounds sterling
Elysian to launch new £250m fund in Q1 2020

Current fund also closed on £250m, in 2015, and is nearly three-quarters deployed

  • Funds
  • 20 December 2019
European fund raise
Integra holds third close on €110m for maiden fund

Fund hit its €100m target and the subscription period was extended to mid-2020

  • Funds
  • 19 December 2019
Spanish private equity has done surprisingly well in 2010
Magnum back on the road for third fund

GP is looking to raise €400-450m from institutional investors for Magnum Capital III

  • Funds
  • 19 December 2019
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