Funds
Macron pledges €5bn investment for late-stage venture
President says €2bn will back late-stage funds, and €3bn will support publicly listed tech firms
Advent raises $2bn for tech fund
Fundraise comes shortly after the $17.5bn final close of the GP's flagship product, GPE IX
Anacap raises €1bn for credit fund
Vehicle was launched in November 2018 with a $750m target and raced to a first close on $600m
Altamar near to €450m final close for Galdana Ventures II
Fund is larger than its predecessor, Galdana Ventures I, which closed on €275m in 2016
Ardian closes fifth co-investment fund on $2.5bn
Ardian Co-investment V is more than double the size of its predecessor, which closed in 2015
Primomiglio to launch €80m VC space technology fund
Fund will be larger than Barcamper Ventures, which targets digital and software companies
PE consortium and Sogecap invest in Primonial
Deal sees PE firm Bridgepoint reduce its shareholding in Primonial from 56.1% to 35%
Sagard to launch fourth fund in Q1 2020
French GP Sagard targets a €800m final close for its fourth generation buyout vehicle
Mandarin Capital holds €148m first close for MCP III
Fund targets export-orientated Italian mid-market companies operating in a wide range of sectors
Equita launches alternatives arm, aims for second debt fund
Equita Capital will manage around €1bn in assets and launch a new debt fund by the end of the year
Innova closes sixth fund on €271m
Innova Capital has held a final close for its sixth fund on €271m.
Experienced Capital holds first close on €70m for ECP II
French GP's maiden fund held a final close on €78m in 2016, while ECP II has a €150m target
Foresight closes East of England Fund on £100m
Foresight Group has closed its fifth fund focused on different regions of England
Alteri launches second fund
Apollo Global Management-backed Alteri has launched a second retail-focused pan-European fund
Palatine launches £300m fourth-generation vehicle
Both Palatine Private Equity Fund III and IV used Evercore as their placement agent
Pemberton closes second direct lending fund on €3.2bn
Pemberton's most recent fundraise brings the direct lender's assets under management to тЌ5.5bn
Nation 1 launches debut fund with a target of €35m
Vehicle plans to invest in Czech startups and small and medium-sized companies with global ambition
CDP acquires 70% of Invitalia Ventures to manage FNI
Invitalia will be appointed as fund manager of FNI, which is expected to raise around €1bn
Three Hills makes €192m secondary deal, supported by Idinvest
Three Hills offers LPs the option to reinvest in continuation vehicles or sell to Idinvest
Skylake Capital launches $150m early-stage fund
New venture firm is launched by Marcos Battisti, formerly of C5 Capital and Intel Capital
Glendower closes fourth secondaries fund on $2.7bn
SOF IV is the first fund since Glendower's spin-out as an independent secondaries firm in 2017
BlueGem launches €500m third buyout fund
BlueGem III will be larger than its predecessor, which closed on €370m in June 2015
Hollyport targets close for secondaries fund
Vehicle is targeting $750m with a hard-cap of $1bn, double the size of the GP's previous fund
Omnes collects commitments across funds
Omnes Mezzanis 3, dedicated to French small and mid-market businesses, closes on €100m