Funds
FrenchFood Capital holds €132m final close for maiden fund
Fund, which has a focus on French companies operating in the food sector, surpasses €120m hard-cap
DeA to launch Taste of Italy 2
Fund will be operative from 2020 and has set a target of €250-300m, with a larger international focus
Quaestio holds €635m interim close for private debt fund
Quaestio Private Markets Funds - European Private Debt provides debt financing to European SMEs
Ergon closes Ergon Capital Partners IV on €580m
Fund is smaller than predecessor Ergon Capital Partners III, which closed in 2010 on €775m
Ufenau holds €560m close for Ufenau VI German Asset Light
Investors include Banque Pictet & Cie, Argentum Fondsinvesteringer and Wave Management
GED holds €100m first close for sixth fund
Fund has a €175m target and plans to make 8-10 investments in Spanish industrial companies
US pension fund backs new Inflexion Enterprise fund
IMRF has invested 4.7% of its portfolio to alternatives, versus a target allocation of 7%
DeA Capital launches new alternatives fund
Italian manager launches vehicle that will target private equity, private debt and infrastructure
Novalpina holds €1bn final close for debut fund
Novalpina Capital Partners I intends to make between seven and nine equity investments of тЌ75-200m
CIC and BNP Paribas pursue China strategy with Eurazeo
Eurazeo will manage a fund dedicated to European companies seeking to expand in China
Montagu shelves plans for €500m infra strategy to focus on PE
Montagu instead decides to focus on the тЌ3bn fundraise for its sixth private equity fund
Omers Ventures launches in Europe
Omers Ventures currently manages CAD 800m, and has previously invested in Shopify and Hopper
VGC closes second fund on £50m
British Business Bank committs ТЃ30m to the vehicle through its Enterprise Capital Funds
Ardian closes fifth infra fund on €6.1bn
Fund is more than double the size of Ardian Infrastructure Fund IV, closed in 2016
Axeleo closes Capital I fund on €45m
Axeleo's Capital I fund is dedicated to B2B tech startups based in France and Europe
ThinCats launches £100m PE-dedicated lending platform
Platform will invest ТЃ250,000-15m in initial sponsor-backed deals and back existing PE portfolio firms
Advent International set to secure US LP commitments
Advent International GPE IX has a target between $15-17bn and plans to hold a final close in mid-2019
Keensight closes fifth fund on €1bn hard-cap
Announced in Q3 2018, Keensight V was marketed for only four months, before hitting its hard-cap
ADM launches Cibus Enterprise Fund
Cibus Enterprise will acquire minority stakes in late-stage venture businesses operating in agtech
EQT Infrastructure fund hits €9bn hard-cap
Stockholm-headquartered manager announces the final close EQT Infrastructure Fund IV
Nordea launches impact fund in partnership with Ståhlberg
Fund invests in companies that contribute to achieving the UN Sustainable Development Goals
Neveq targets €27m for third fund
Vehicle's predecessor Neveq II held a final close on €20.3m in 2014 and is now fully invested
Five Arrows holds final close on €1.25bn hard-cap
Rothschild Merchant Banking's PE division surpasses the €1bn target for FAPI III
Bridges closes SGF IV on £80m
Impact-focused fund manager launched the buyout vehickle two and a half years ago