Funds
WestBridge holds £50m first close
British Business Bank commits £15m, with the vehicle aiming to raise £100m overall
Capidea holds first close for Capidea Kapital III
Copenhagen-based Capidea Management intends to target the small-cap buyout market in Denmark
Progressio holds first close for Fund III on €86m
Italian mid-market specialist plans to reach a final close by the end of Q2
Fly Ventures closes maiden fund on $41m
German VC will use AI to source European companies in the automation software segment
Inventure Fund III holds first close on €110m
Vehicle is the third fund raised by Inventure for early-stage technology investments
EQT's third credit fund closes on €1.3bn
Approximately 20% of the fund had already been invested at the vehicle's final close
Qualium hits €370m mark for Qualium Fund II
Qualium Fund II surpasses its €350m target and looks to continue fundraising in 2018
TPG holds final close on $3.7bn for Growth IV
Fund has a global investment mandate to make growth equity and buyout investments
EMZ Partners reaches €815m hard-cap
EMZ 8 surpasses its target and raises €120m more than its predecessor
Hadean Ventures holds €35m first close for debut fund
VC firm is planning on completing a first deal with a Nordic startup in Q1 2018
Egeria closes Fund V on €800m
Egeria V closes six weeks after announcement and expects to make its first investments in mid-2018
Main Capital closes fifth fund on €236.5m
Main Capital Partners holds a final close for Main Capital V on €236.5m, exceeding target
LSP closes €280m healthcare fund
Fund is the largest in Europe dedicated purely to medical technology investments
Shard holds first close on £90m for private debt fund
Fund targeting £250m with £300m hard-cap, expects to hold a final close by the end of 2018
CapMan raises €86m for Growth Equity Fund
Finland-based GP intends to hold a final close for the fund to be held on 19 December
Passion Capital files for third fund
Second fund targeted equity investments of up to £2m in very early-stage businesses
Espira holds first close for debut fund
Prague-headquartered investor launches its debut fund with a target size of €30m
Bridgepoint raises €5.5bn for sixth fund
GP exceeded its €5bn target and completed the fundraising ahead of schedule
Mercia holds £45.1m first close for EV Growth II
Tech-focused fund will make investments of up to £5m in buyouts and replacement capital deals
Apax closes digital fund on $1bn hard-cap
New team will be based in the firm's London and New York offices and led by Gigliani and O'Keefe
BPI France to launch medtech fund
GP announces the launch of a €50m fund supporting healthcare tech startups at seed stage
Omnes launches early-stage tech fund
Omnes Real Tech will be dedicated to European startups and will target between €100-150m
Cyprus Capital approaches first close on debut fund
CyCap Opportunity Fund aims to fill the equity gap in the SME private sector in Cyprus
United Ventures holds €75m first close for sophomore fund
Venture capital fund will make early-stage investments in software, ICT and digital tech companies