Funds
Sofinnova closes Sofinnova Capital IX on €333m
Fund backs biopharmaceutical and medical devices startups, mostly in Europe and the US
Livingbridge closes Enterprise 3 on £334m
Livingbridge Enterprise 2, the fund's predecessor, closed on ТЃ220m in 2015 and made 14 investments
Idinvest holds €350m final close for Digital Fund III
Fund is more than twice the size of its predecessor, Digital Fund II, which closed on €154m in 2015
Green Arrow to launch €400m fourth buyout fund
Green Arrow Private Equity 4 will acquire majority and controlling positions in mid-market companies
Gyrus Capital bolsters team ahead of imminent fundraise
Outfit was launched in late 2018 by two former Altaris and Argos Wityu executives
Permira hits €11bn hard-cap for seventh fund
Permira VII was launched in January 2019 with a тЌ10bn target, which was reached in September
Genesis holds first close on €31m for GGEF I
Genesis Capital registered the fund in May 2018 and is targeting €40m for the vehicle
Hiro holds first close for debut fund
Hiro Capital I is a fund focused on the games and digital sports technology sectors
Mediobanca launches second fund for private clients
Fund expects to raise around €135m and targets a final close before the end of the year
Beyond targets €100m for second fund
Beyond Capital Partners has launched its second fund, which will invest a maximum of €15m in equity
Capza hires two ahead of fundraise
GP is targeting a €550-600m final closing for its fifth-generation flex equity fund
GED Capital raises €20m for first VC fund
Conexo Ventures I targets series-A rounds in Iberian startups which develop disruptive software
IGI holds €140m second close for sixth fund
IGI Investimenti Sei was launched with a €150m target and held a €100m first close in November 2018
83North closes fifth fund on $300m
Vehicle is incorporated in the Cayman Islands as 83North V but lists business headquarters in Israel
Notion Capital IV holds first close on £75m
Notion Capital has also announced its intention to raise a second growth opportunities fund
Schroders sets up PE fund for private investors
Investors can gain exposure to the new vehicle with a minimum investment of $50,000
FII holds €200m first close for FoF PE Italia
Cassa Depositi e Prestiti is the fund's anchor investor and has already committed €200m
Siparex holds €125m first close for Intermezzo 2
Second-generation Siparex debt vehicle surpasses its predecessor, which closed on €100m in 2016
Kempen European PE fund holds €158m third close
Dutch GP Kempen is aiming for 12-15% net IRR on the invested capital for investors
Project A closes third fund on €180m
Vehicle was registered in October last year and held a first close on €106m in March
Clessidra holds €320m first close for restructuring fund
GP intends to diversify its strategy and expand its business by entering the bank credit segment
Eiffel collects €80m from EIB for impact fund
Targeting a €400m final close, Eiffel Essentiel will have a lifespan of around 15 years
Oquendo Capital launches €250m fourth mezzanine fund
Oquendo Mezzanine IV expects to hold a first close by the end of 2019 and a final close by mid-2020
Equita Capital launches €200m debt fund
Fund will be larger than its predecessor, EDP I, a €100m vehicle that closed in 2017