Funds
Invitalia hits €87m final close with EIB commitment
Fund has already invested €11m in 16 Italian startups and currently has €33m in AUM
Alto Partners hits €152m second close for fourth fund
GP eyes a final close for Alto Capital IV by the end of the year, on its €200m target
Kartesia closes latest fund on €870m hard-cap
Alternative lender says it was on the road for nine months, raising тЌ360m more than for Fund III
Korelya to manage extra €100m on behalf of Naver
Venture player Korelya is headed by former French secretary of state Fleur Pellerin
RWE Generation backs HTGF III
RWE says the investment is strategic, and it will scout for further co-investment opportunities
Spectrum holds final close on $1.25bn hard-cap
GP will make investments in IT companies ranging from $25m up to more than $100m
Capital Dynamics holds $383m final close for co-invest fund
Vehicle surpasses its $350m target after holding an interim close on $200m in May 2017
Fund in Focus: Avedon holds final close on €300m
Vehicle hits hard-cap after holding a first close on its €250m target in February 2017
Egeria launches fifth buyout fund
Vehicle has a target of €800m and is expected to hold a final close early in 2018
Draper Esprit invests in two seed funds as part of FoF push
Listed investor Draper Esprit expects to deploy up to ТЃ75m in venture funds within five years
Aurelius opens private debt business
Firm will target European companies and provide funding across the capital structure
Arcadia Small Cap II holds €47m first closing
Italian fund manager reaches a €47m first close for its €100m second small-cap vehicle
Pontifax holds final close for $105m AgTech fund
GP is headquartered in California but will invest in the food and agriculture sector globally
Accent Equity hits SEK 3bn target for 2017 fund
Fund will follow a similar investment strategy to Accent Equity 2012, closed in 2011
Innova nears €200m first close on sixth fund
GP invests in the business services, financial services, telecoms, healthcare and industrial sectors
Hat Orizzonte holds €30m first close for technology fund
GP holds a first close after three months on the road, eyes a €100-125m target
Arx nears fourth fund close around €95m
Lower-mid-market CEE private equity firm Arx held a first close on €54m in July 2016
Italian borrowers open up to private debt
Alternative lending is gaining momentum in Italy, with the leveraged finance market more lender-friendly than in neighbouring mature markets
Hermes raises $620m for co-investments
Firm raises $389m for third co-investment fund and $230m for sidecar and segregated mandates
Oakley Capital holds final close on €800m
Hard-cap was initially set at тЌ750m but was raised due to high investor demand, according to Oakley
Raise targets €100m for new venture structure
French GP makes move into venture and will pledge 50% of carry to its not-for-profit endowment
Idinvest launches new vehicle to finance industrial assets
Idinvest SME Industrial Assets is aiming to raise €300m, having already collected €150m
Lexington closes mid-market secondaries fund on $2.7bn
Vehicle holds a final close on its hard-cap, exceeding its initial $2bn target
Bridgepoint makes new hire for nascent credit project
Michael Lucas joins from the leveraged finance and sponsor coverage team at ING