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Funds

Money raised in euros
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

  • Funds
  • 21 February 2019
Fundraising in euros
Investindustrial launches €3bn fund

Fund follows the same strategy as its predecessor, which closed on €2bn in 2016

  • Funds
  • 20 February 2019
Fundraising in euros
Essling holds €100m first close for Essling Expansion

Fund has completed its first investment, backing medical software specialist Evolucare

  • Funds
  • 20 February 2019
European technology fundraise
Czech incubator launches €30m fund

New fund has been set up to invest at the series-A stage in B2B technology companies across Europe

  • Funds
  • 20 February 2019
City of London
Inovia holds close on $600m for double fundraise, launches in London

Initially launched the funds in May 2018 and held initial closes towards the end of the year

  • Funds
  • 19 February 2019
Money raised in euros
Hi Inov holds first close for Hi Inov 2 on €90m

Series-A specialist also partners with Axeleo Capital for expansion into seed transactions

  • Funds
  • 19 February 2019
Italian investments
Siparex Investimenti 3 to be launched in 2019

Fund is managed by Insec Equity Partners, which is based in Milan and led by Barbini and Gianola

  • Funds
  • 19 February 2019
Fundraising in euros
Gain Capital holds €28.4m first close for third fund-of-funds

Vehicle has a target of €60m and will look to hold a final close by the end of 2019

  • Funds
  • 19 February 2019
Fundraising in Spain
ProA Capital holds €475m final close for third buyout fund

ProA Iberian Buyout Fund III targets mid-sized companies with potential for internationalisation

  • Funds
  • 18 February 2019
Fundraising in US dollars
PG Impact Investments holds $210m final close

Firm is independent but has access to Partners Group’s infrastructure, expertise and resources

  • Funds
  • 15 February 2019
European technology fundraise
Idinvest holds €340m final close for second growth fund

Fund was launched with a €300m target and held a first close on €250m in November 2016

  • Funds
  • 14 February 2019
Co-investments are a convenient method to navigate mounting price hikes in the Nordic region
BMO holds fourth close for co-investment fund on €95m

Fund was announced in February 2017 and is expected to hold a final close by the end of March

  • Funds
  • 14 February 2019
Fundraising in euros
B-to-v holds second close for Industrial Technologies Fund on €80m

Fund held its first close in March 2018 and is expected to have a final close in mid-2019

  • Funds
  • 14 February 2019
Fundraising in euros
Tikehau IM holds €2.1bn close across funds

Tikehau IM's four vehicles, focusing on direct lending, were launched around a year ago

  • Funds
  • 13 February 2019
Finnish capital Helsinki
Tesi to invest €75m in circular economy initiatives

Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m

  • LPs
  • 13 February 2019
The French government may be moving towards a UK-style pension fund regime
LGPS Central closes first PE fund

First time that pension fund partnership LGPS Central has launched a private equity fund

  • Fund-of-funds
  • 11 February 2019
Fundraising in euros
UI Gestion closes Cap 6 on €105m

Mid-market focused Cap 6 is larger than its predecessor, M.I5, closed on €93.5m in 2011

  • Funds
  • 11 February 2019
Trakai Castle in Lithuania
INVL holds first close on €106m for Baltic Fund

Closing took place on 7 February 2019, seven months after the vehicle was registered in June

  • Funds
  • 11 February 2019
Pharma-focused fundraises
Sunstone holds €80m first close for fourth life science fund

Sunstone Life Science Ventures Fund IV expects to close on its €150m target by early 2020

  • Funds
  • 08 February 2019
Crowdfunding platforms
Private investor platform Truffle Invest offers first PE fund

Platform launched in September last year and has already backed a VC fund with private funds

  • LPs
  • 08 February 2019
Fundraising in euros
Altor holds final close on €2.5bn hard-cap

Vehicle was registered in Sweden in August, but began its official marketing period in September

  • Funds
  • 07 February 2019
Fund close for Italian fund
Progressio holds €185m interim close for Fund III

Fund invests in Italian SMEs operating in the engineering, fashion, pharma and food sectors

  • Funds
  • 07 February 2019
European technology fundraise
Speedinvest launches third venture fund

Speedinvest III has a target of €175m, exceeding Speedinvest II's final close on $100m

  • Funds
  • 06 February 2019
Spanish fund closes and launches
Qualitas closes second fund-of-funds, prepares new launch

Qualitas Mutual Private Equity Program II was launched in 2017 and held a first close on €30m

  • Fund-of-funds
  • 06 February 2019
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