Funds
Nordic Capital Fund IX holds final close on €4.3bn
Nordic Capital already completed three deals from its ninth flagship buyout fund this year
P101 holds first close on €65m for second VC fund
Fund targets digital and technology startups offering B2C and B2B services to various industries
Fondo Italiano to launch two funds-of-funds
FoF PE II will target private equity funds that invest in Italian SMEs operating in the tech sector
Idinvest holds €715m final close for Private Debt IV
Idinvest Private Debt IV surpasses its initial target of €600m and is already deployed at 60%
Main Capital to launch €250m private debt fund
Main Capital Fund I will primarily target successful Italian SMEs but also distressed businesses
Investec launches $100m venture fund
Vehicle will target UK fintech and enterprise software businesses between the seed and series-A stages
Five Arrows Direct Lending closes on €655m
Rothschild Merchant Banking's direct lending fund for mid-market firms exceeds its €400m target
Bridgepoint preps for first credit fund launch
Firm's first debt vehicle will invest in Bridgepoint's own deals as well as third-party ones
Ardian nets $800m for US infrastructure fund
Fundraising was completed in less than six months, according to Ardian
Ambienta closes third fund on €635m
Ambienta III hits its €635m hard-cap after exceeding its original €500m target
LBO France launches new Digital Health 2 fund
Venture fund, with a €150m target, will invest in European medical technology startups
Sherpa Capital closes third fund on €150m
Fund is larger than its predecessor, Sherpa Capital II, which held a final close in 2014 on €100m
EQT holds final close for Mid Market Asia III
Fundraising started at the beginning of Q2 2016, with a first close in October 2016
Oxx holds first close on $100m
Fund was launched shortly after partners Mikael Johnsson and Richard Anton left their roles at Amadeus
Metric Capital to launch €500m fund with Virgin's Branson
Fundraising for the consumer-focused vehicle is expected to officially launch in the coming months
Mid-market leverage continues upward creep
High price tags, limited assets and cheap debt are helping to push up leverage boundaries in the European mid-market once again
Zubr Capital hits final close on $90m
Buyout fund initially had a target of $100m and held a first close on $50m in August 2016
HQ Capital holds $503m final close for secondaries strategy
Asset manager simultaneously announced the final close of its Asian secondaries strategy
Indaco Venture Partners launches €250m fund
Fund received a €130m commitment from Intesa Sanpaolo, Fondo Italiano and Fondazione Cariplo
ECM approaches first close for GEP V
ECM targets control positions in DACH-based businesses with enterprise values between €20-80m
Alto Partners holds €210m final close for fourth fund
Process began in April 2017 and was delayed by a few months due to the Italian elections
Better Capital extends 2009 fund term
BECAP Fund will now run to the end of 2019, with a further one-year extension possible
Amundi launches €300m LBO debt fund
Vehicle will select issuers primarily from the portfolio companies of major private equity firms
LP Profile: Aberdeen Standard Investments
The LP's global head of private equity speaks to Unquote about new projects, co-investment, secondaries and first time funds