Funds
Sweden-based Adelis raises €600m for second fund
Swedish firm closes its sophomore fund after just three months on the road
Hamilton Lane closes credit fund on $435m
Annual credit-focused vehicle exceeds its initial target of $250m
Star set to hold oversubscribed final close
Star Capital Partners is set to hold an oversubscribed final close of its third fund later this month, according to unquote" sister publication InfraNews.
Point Nine closes €75m venture fund
Vehicle was launched in Q4 2016 and has raised the majority of its commitments from existing investors
Private equity's big stake in infrastructure
GPs are increasingly attracted to infrastructure, bringing a range of investment options and approaches within the asset class
DH Private Equity Partners registers new fund
One of the oldest sponsors is back in the market after a two-year hiatus
Fidelium Partners closes €103m special situations fund
Fidelium invests in companies that are facing significant operational challenges, as well as carve-outs
Hamilton Lane closes secondaries fund on $1.9bn
Hamilton Lane Secondary Fund IV, the firm's largest secondaries vehicle to date, originally targeted $1.25bn
Redalpine to close venture fund by end of Q2
Fund is still open for investments and has a hard-cap of CHF 100m with minimum commitments of CHF 1m
Unigestion, Union Investment close third fund-of-funds on €312m
Unigestion will manage the fund's portfolio while Union Investment is responsible for fund administration
Bulking up: Consolidation in the LP space
Asset managers are flexing their muscles in a new wave of fund-of-funds consolidation
Alpha Private Equity closes APEF 7 with €903m
APEF 7 is a significant step up from APEF 6, which had gathered €700m worth of commitments in 2012
Nordic Capital back on trail with Fund IX
Minnesota State Board of Investment could commit up to $150m to the Nordic GP's new vehicle
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 £60m 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