Funds
Crest to hold final close for maiden fund
Crest plans to invest in profitable, fast-growing and export-driven companies based in Portugal
KKR, Schroders back Neos direct lending JV
KKR is the principal investor in the vehicle and is drawing the investment from its credit funds
Felicis closes sixth fund on $270m
Felicis has a global investment mandate and has previously invested in 40 countries
DPE tests LP appetite for fourth fund
DPE III held a final close in €575m in January 2017, up from the €350m raised by DPE II
Resilience Partners targets final close for direct lending fund
Spanish direct lender is targeting a February 2019 final close for its maiden fund
Main Mezzanine Capital holds first close for maiden fund
Mezzanine division of Main Capital first started investing via a €50m capital pool
EQT pre-marketing fourth infra fund
EQT Infrastructure IV was registered in Luxembourg with several filings earlier this month
MCH holds €180m final close for new fund-of-funds
Fund will be managed by MCH Investment Strategies in partnership with Carlyle's AlpInvest Partners
Pemberton targets €2.5bn for second European debt fund
Vehicle's 2016-vintage тЌ1.2bn predecessor is now understood to be fully deployed
CapVest targets €1bn for fourth fund
Vehicle is a significant increase on CapVest Equity Partners III, which closed on тЌ482m
Tikehau holds first close, launches fund
French GP's TGE II backs SMEs across western Europe with EBITDA in the €5-50m range
CareVentures holds first close on €60m
Vehicle was registered in Luxembourg as CareVentures Fund II SCSP in April this year
Pillarstone, FVS launch €400m fund
Fund will invest in distressed SMEs based in the north of Italy by deploying tickets of around €20m
CapDecisif holds first close for CapDecisif 4
VC is aiming to exceed its €50m target but will not surpass the €70m assigned hard-cap
Green Arrow nears close for two funds
Investment firm Green Arrow Capital wholly acquired Italian GP Quadrivio Capital in November
Digital+ Partners holds final close on €350m
Vehicle was launched in 2016 with a €300m target and held a first close on €131.5m in 2017
Invalda INVL launches buyout fund
New fund will target companies in the Baltic region with turnover between €20-100m
Rocket Internet launches second fund
Rocket Internet Capital Partners I held a final close on its $1bn hard-cap in January 2017
Graphite holds £470m final close for ninth fund
Total amount committed is 4% more than the ТЃ450m raised by the vehicle's predecessor
Ares closes fourth direct lending fund on €6.5bn
Final close comes within six months of launch, with the fund oversubscribed for its тЌ4.5bn target
BNP Paribas launches UK SME lending fund
Fund will provide senior loans to SMEs with an annual turnover of less than ТЃ50m
Momentum Invest holds €101m interim close for maiden fund
Momentum Invest I, targeting France-based and services-focused SMEs, exceeds €100m target
SHS V holds first close on €90m
Vehicle was launched in March 2018 with a target of €150m, a 20% increase on SHS IV
Andera holds €360m first close for Winch Capital 4
Andera's fourth generation SMEs fund is well positioned to hit its €400m hard-cap in Q3 2018