Funds
Macquarie acquires Green Investment Bank for £2.3bn
Transaction will see the firm take control of £4bn of funds and launch three new vehicles
Advent France Biotechnology holds €64.75m first close
Firm was launched in 2016 and targets early-stage companies in the life sciences sector
Ardian strikes $2.5bn secondary/primary transaction with Mubadala
Ardian takes majority stake in an existing PE portfolio and becomes lead investor in a new $1.5bn fund
Nauta Capital holds final close on $170m
Fund held a first close on $70m in September 2015 with an intial target of $115-175m
Azulis Capital closes MMF V on €215m
Azulis also reshuffles its team in parallel with the fundraise, with certain partners retiring
August Equity's fourth fund holds £224m final close
Development comes 11 months after the GP held a first close for the vehicle at around 65% of its target
HarbourVest hits $375m final close for Mezzanine Income Fund I
Fund exceeds its $250m target and will co-invest with private equity investors
Alto Partners holds €103.5m first close for fourth fund
Fund manager expect to hold a final close by the end of the year, following a launch in January
Axcel holds first close for fund V on €352m
Axcel V is the first vehicle raised since Christian Schmidt-Jacobsen took over as the firm's managing partner
HTGF to hold €200m first close for third venture fund
Consortium of 15-20 investors will provide €60m, with the remainder coming from the German government
Committed Advisors closes third secondaries fund on €1bn
Strategy will focus primarily on mature private equity assets in North America and Europe
Summit raises $4bn across growth and VC funds
Firm's ninth growth equity vehicle takes majority of commitments at $3.3bn, while the VC fund raised €730m
Cairngorm closes second fund on £107.5m hard-cap
GP's maiden vehicle has also received a 40% increase in committed capital, bringing it to £73.5m
83North holds $250m close for tech VC fund
Fund hopes to take advantage of the UK's exit from the EU by accelerating activity in other European cities
Forward Partners closes second fund on £60m with single LP
Tech-focused vehicle will look to make more than 30 investments across a four-year period
Golding holds €331m first close for private debt fund
Fund has raised more than half of its €600m target after five months of fundraising
AlpInvest raises $6.5bn for secondaries programme
Programme’s previous generation, ASP V, had received $4.2bn in commitments in 2013
Amundi, Atomic Energy Commission launch Supernova Invest
New firm is co-owned by CEA Investissement and Amundi Private Equity, with 40% each
Sentica raises €185m for fifth buyout fund
Finland-based buyout house has hit the €185m hard-cap for its lower-mid-market vehicle
Progressio launches new fund with €225m target
GP expects to hold a first close on €120m by July 2017 and a final close by the end of the year
Credit funds eye opportunity in ECB limits on bank leverage
Draft guidelines from the European Central Bank propose a suggested ceiling of 6x EBITDA for leveraged buyouts
Octopus raises extra £50m for AI-focused businesses
Fresh capital will be aimed at firms that use artificial intelligence technology
Marlin Equity V hits $2.5bn hard-cap
Global GP exceeds its $2bn target for the mid-market fund within five months
Impact Partenaires launches €50m Impact Création fund
Fund should support the launch of 250-300 franchised businesses over the next five years