Funds
Slingshot Ventures aims to raise up to €100m in 2020
VC will consider breaking with tradition with a separate institutional fund of up to €40m
Mandarin holds €173m interim close for third fund
MCP III has a €250m target and invests in export-orientated companies with EVs of €30-70m
Truffle Capital collects €390m across two venture funds
GP raises sector-specific funds, while it previously managed generalist vehicles
Unigrains's FAI holds €55m final close
Fund is the first Italian vehicle launched by the French GP and is dedicated to the agri-food sector
Zetland Special Situations Fund I closes on €372m
Zetland has a team of 14 investment professionals and €500m in assets under management
Kempen European PE fund closes on €192.5m
Fund was exclusively available to clients of private bank Van Lanschot and asset manager Kempen
Santander's Tresmares launches €175m private equity fund
Tresmares Capital will also manage a €900m private debt fund to finance the expansion of Spanish SMEs
Azalea closes Altrium Private Equity Fund I on $650m
Fund-of-funds invests in primary and secondary private equity funds across the US, Europe and Asia
Ada holds first close on £27m
Ada Ventures' founding partners, Francesca Warner and Matt Penneycard, met at Downing Ventures
Made in Italy Fund holds €150m interim close
Fund is managed by Italian GP Quadrivio in partnership with Pambianco Strategie d'Impresa
Main Capital collects €535m for sixth software buyout fund
Buyout fund should hit its €564m hard-cap in January 2020, Unquote understands
DBAG launches DBAG Fund VIII
Fund has raised €1bn of its €1.1bn target and plans to hold a final close in Q1 2020
Suma holds €65m first close for second growth fund
Fund invests in Spanish companies with high-growth potential and generating EBITDA of at least €2m
Latour collects €800m for third fund
Vehicle is expected to hold a final close in March 2020, Unquote understands
BlackFin closes third buyout fund on €985m
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
Trea AM raises €120m for second direct lending fund
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Poland's MCI gearing up for €400m maiden closed-ended fund
Vehicle will keep to MCI's strategy of backing buyouts of mid-cap technology businesses in the CEE region
Amundi PEF launches second Megatendances programme
New programme is structured into several vehicles to attract both retail and institutional investors
EQ targets first close for two PE funds by January 2020
One fund-of-funds will focus on European primaries, and the other on the secondaries market
CDP, Assofondipensione to launch €1bn fund-of-funds
In addition to a commitment from CDP, the vehicle expects to raise €500m from six Italian pension funds
Inspirit closes debut fund on £50m
Inspirit Fund I closed on its hard-cap and is currently being deployed by the firm
BID Equity Fund II holds final close on €125m
B2B software-focused fund launched in February 2019 and held a first close on €80m in July 2019
Unquote Private Equity Podcast: Nothing ventured, nothing gained
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team tackles the venture capital space
MGV holds first close for €150m early-stage fund
Fund achieves a €75m first close and expects to hit its target by the end of 2020