Funds
Sunstone closes two funds totalling €159m
Sunstone Technology Fund IV held a final close on €112m and will target 30 investments
Van Lanschot Participaties to spin out from bank
Dutch bank intends to sell its private equity division, which will look for third-party money
OIC recommends €200m commitment to €1bn Novalpina fund
Recommendation was made by the investment committee and must be approved by OPERF
Berlin Innovation nearing first close for €40m seed fund
Berlin Innovation Ventures will make approximately 40 initial seed investments of €250,000
Brighteye holds €50m close for education technology fund
Vehicle will back European education technology companies from seed stage to series-C
BioGeneration Ventures closes fund on €82m
New investors include Bristol-Myers Squibb, Johnson & Johnson Innovation and Schroder Adveq
SL Capital closes secondaries fund on $428m
Total raised for SL's third secondaries vehicle is 47% more than that raised for its predecessor
ING announces €300m fintech fund
ING Ventures is financed entirely from ING's balance sheet and has a four-year investment period
GPF Capital holds €150m final close for second fund
Spanish fund manager hits the fund's €150m target in a single close after a couple of months
FPE closes maiden fund on £100m
UK-focused vehicle will target buyout and growth investments in companies with EVs of £20-50m
Tesi launches €150m venture fund-of-funds
VC firm intends to deploy capital into Finnish venture capital and small buyout 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 €360m 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 £75m 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