Funds
RDCP gears up to launch second fund
RDCP Healthcare Opportunities Fund II will target ТЃ50m, to deploy in healthcare assets
Playfair Capital announces $32m second seed fund
Investments will focus on artificial intelligence, machine learning, B2B SaaS and marketplaces
Lexington requests extension for seventh fund
Firm has asked for a one-year extension to complete the wind down of the portfolio
Gilde Healthcare closes third fund on €200m
Gilde Healthcare Services III targets healthcare providers based in the Benelux and DACH regions
Hi Inov, Axeleo form strategic partnership
A €10m compartment of fund Hi Inov 2 will be managed by the Axeleo team with a seed focus
Steadfast holds final close on €297m
Vehicle surpassed its target of €250m to close just below its €300m hard-cap after two years
Beechbrook holds first close on £128m
Fund was launched in August with a target size of ТЃ250m and a ТЃ300m hard-cap
Seventure holds first close for Health for Life II
Investments can range from between €500,000-10m per round, or up to €20m per company
FSI holds final close for mid-market fund on €1.4bn
FSI Mid-Market Growth Equity Fund acquires primarily minority stakes in Italy-based companies
L-Gam closes second fund on €772m
Launched in mid-2018 with a €650-750m target, L-Gam II held its final close in December
Kreos Capital holds €700m close for sixth growth debt fund
Fund is larger than its predecessor, Kreos Capital V, which closed on its тЌ400m hard-cap in 2016
Gradiente holds €135m final close for second fund
Fund is larger than its predecessor, Gradiente I, which held a final close in 2012 on €76m
Karma Ventures to start raising new fund in 2020
VC's first fund, closed in Q2 last year, is approximately 25% deployed currently
Invision closes sixth flagship fund on €375m
Invision VI's predecessor, Invision V, closed on €285m and has made its final acquisition
Alantra holds €150m interim close for second debt fund
Alantra Debt Fund II increases its target size to €175m and its hard-cap to €200m
PGB mandates Aberdeen Standard with €500m
Partnership would be structured as a fund-of-one, with ASI co-investing in each fund
Aksìa launches €200m fifth fund
Aksia Capital V is larger than its predecessor, a €110m vehicle closed in April 2016
Blossom Capital closes debut fund on $85m
Firm will look to make four or five deals per year and will focus on European technology startups
Summa closes second fund on SEK 6.5bn
GP has already drawn capital from the new vehicle to acquire building technology firm Infobric
Suma to launch second fund in H2
Vehicle’s predecessor Summa Growth Capital Fund I held a final close on €50m in 2015
Japanese bank partners with BaltCap for €100m fund
BaltCapтs Kiisa will join the NordicNinja fund as managing partner alongside two JBIC executives
Secondaries in Private Equity
Unquote analysis of the secondaries market is now available for download
Practica targets close on €40-50m in 2019
Practica Venture Capital II held a first close on €22m in December 2018, against a €40m target
Investindustrial launches €3bn fund
Fund follows the same strategy as its predecessor, which closed on €2bn in 2016