Funds
Eurazeo launches Eurazeo Brands arm with up to $800m
New entity will be headed by Jill Granoff and dedicated to the consumer and retail sectors
Draper Esprit raises extra £100m
Share placement adds to the ТЃ60m already raised in 2017 across EIS, VCT and secondary co-investment fund platforms
Permira Debt Managers set to close third direct lending fund
With the end of its latest fundraise in sight, the credit specialist is in full deployment mode
CVC closes Fund VII on €15.5bn hard-cap
Fund originally targeted €12.5bn and had a hard-cap of €15bn when it was announced in November 2016
Eurazeo holds first close on €586m for Eurazeo PME III
Eurazeo commits €400m, while third-party investors commit €186m at first close in the mid-cap vehicle
Startup300 holds first close on €20m
Fund has a target of €40-60m and has the stated aim of funding the first Austrian unicorn
HTGF holds first close for third fund on €245m
Fund has a target of €300m and will begin making early-stage investments in Q4 2017
Hamilton Lane, Scala Fund Advisory close club fund on $70m
Idea was originated by Scala Fund Advisory, while the vehicle will be managed by Hamilton Lane
EU agrees new rules to foster venture investments
Proposals extend the range of eligible managers, tweak the scope of investments and limit host country fees
EQT closes mid-market fund on €1.6bn hard-cap
Northern Europe-focused vehicle adds to the firm's AUM following the close of its infrastructure fund in February
Orlando closes fourth special situations fund on €320m
Fund will invest in special situations in the DACH region's Mittelstand as well as in the Nordic countries
Parquest Capital closes second fund on €310m
Parquest Capital 2's target, originally set at €250m, was subsequently raised
Newfund holds €100m first close for second fund
Fund is a significant step-up from Newfund 1, which closed with €72m in commitments in 2009
Muzinich holds €180m first close for private debt fund
Fund will lend to lower-mid-market firms across a range of industries
Softbank holds close on $93bn for global fund
Softbank has set a target of $100bn for the fund and aims to hold a final close within six months
Mobeus holds £140m close for first institutional fund
Firm launched the vehicle in response to regulatory changes affecting VCT fund managers
Notion holds final close for third fund on $140m
UK-based VC has also held an $80m first close for its new follow-on funding vehicle
Vesalius Biocapital holds €65m first close for third fund
Vesalius Biocapital III will accept new investors on a "rolling closing" basis until final close
Oakley reaches €750m hard-cap
GP is understood to have asked investors for approval to raise the vehicle's hard-cap further
Chequers Capital closes Fund XVII on €1.1bn
French GP breaks the €1bn barrier for the first time with its latest vehicle, raised in a few months
Rabo launches food and agriculture venture fund
Rabo hopes to secure a number of co-investments for its targets in the US and Europe
ADM Capital holds $100m first close
Agriculture-focused vehicle will make buyout and growth capital investments in Europe and Australasia
China-backed Silk Ventures raises $500m for maiden fund
London-based venture investor will invest in US and European businesses looking to expand into China
Principia launches fashion- and design-focused VC fund
Launched with a €150m target, the fund expects to close its first transaction by Q3 2017