Funds
Outward VC holds first close on £38m
Outward VC was previously called INVC and was founded by former Investec Bank executives in 2017
SoftBank to launch second Vision Fund with $108bn
Vision Fund II has received commitments from investors in its predecessor
Paragon closes fourth fund on €780m
2014's The Paragon Fund II closed on €412m and is fully deployed, making its last investment in July
Sovereign gears up for fund launch following departures
Firm is understood to be targeting between ТЃ500-600m for the next-generation vehicle
Eurazeo holds a €2.5bn final close for Eurazeo Capital IV
Third party investors committed €700m to the fund, while GP provided the remainder
Aksìa holds €100m first close for fifth fund
Fund targets businesses with potential for high growth, and expansion and buy-and-build opportunities
Visionaries Club holds double close on <€80m
Debut funds for new Berlin-based VC Visionaries Club approach their hard-caps with family offices as LPs
Kibo Ventures targets €100m for third fund
Kibo's second fund has recently finished its investment period after closing on €71m in 2016
Wise closes fifth fund on €260m after two months
Italian investor has held a final close on the vehicle's hard-cap, having launched in June
Alcentra closes European direct lending fund on €5.5bn
Predecessor held a final close on тЌ4.3bn in 2017 and had an average ticket size of around тЌ100m
Progressio closes fund III on €250m hard-cap
Italian mid-market firm Progressio held an interim close on €185m back in February
CVC closes second long-term fund
CVC is the first of the multi-product managers to raise a second-generation long-term capital fund
Medicxi closes third fund on €400m
Vehicle will invest across the full spectrum of healthcare companies from early to late stages
The Riverside Company collects €314m for Europe Fund VI
If €750m hard-cap was to be hit, the vehicle would significantly surpass €340m Europe Fund V
Blackstone closes Strategic Partners VIII on $11.1bn
GP closes the global secondaries fund, which launched in Q2 2018 with a $8bn target
Siparex gears up for 2020 fund launch
GP plans to manage the fundraise in house but may appoint agents for specific regions
IQ Capital closes two funds on $300m
Growth Opportunities Fund is IQ Capital's later-stage vehicle, and has held a first close on $125m
New direct equity fund boosts PE inflows for Partners Group
Private equity has been the second fastest asset class to grow, delivering 11% net growth
V4C closes fund on €91m
Vehicle held a first close on €80m in January this year and has announced two deals
Vendis closes third fund on €300m
Third-generation fund significantly surpasses Vendis II, which closed on €180m in 2016
Flexstone closes its Select Opportunities II fund on €300m
Select Opportunities II invests in secondaries transactions and makes co-investments
Bridges holds £35m final close for Social Outcomes Fund II
Vehicle had an initial hard-cap of ТЃ30m, which was raised due to LP appetite and a strong pipeline
Innovacom holds first close on €40m for Technocom3
French VC Innovacom targets a €60m final close by Q4 2018 for seed fund Technocom3
Jet plans to double volume for third fund
Upcoming third fund will have a target of €350-400m, more than double the €153m raised for Jet Fund II