Venture
UK - North-West raises close to £5m
Newcomer North-West Private Equity has held a first closing of its inaugural fund, PHD Equity Partners Fund No 1, just short of ТЃ5m.
UK - New group Rockley launches EUR 100m fund
Rockley Group, a new technology-focused investor founded by two established business angels, has launched its inaugural third party fund, Rockley Follow-On Fund, which will have a target of EUR 100m.
EUROPE - Index Ventures V closes on EUR 350m
Index Ventures has held a final close of its fifth fund, Index Ventures V, on EUR 350m.
DACH - PINOVA Capital holds first closing on EUR 50m
PINOVA Capital has announced a first closing of its first fund, PINOVA Fund I, on EUR 50m.
FINLAND - Nexit Ventures holds third close on EUR 85m
Nexit Venture has raised a further EUR 10m for its mobile and wireless venture fund, Nexit Infocom II, bringing total commitments to EUR 85m.
DACH - BonVenture closes second fund on EUR 9.39m
BonVenture has closed BonVenture II, its second socially responsible venture capital fund, on EUR 9.39m.
UK - Atlas Venture closes eighth fund at $283m
Atlas Venture has closed its eighth fund at $283m. Atlas Venture VIII will be invested in early-stage technology and life science start-ups in US and Europe.
UK - One NorthEast creates £125m fund
The Regional Development Agency One NorthEast has created a ТЃ125m to support the development of businesses in the north east of England.
NORWAY - Skagerak raises NOK 50m
Skagerak Seed Capital II has raised NOK 50m for investments in Norwegian start-ups.
UK - Dow Schofield Watts holds first close of maiden fund
Dow Schofield Watts has held a first close of its inaugural fund, PHD Equity Partners No. 1 LP, on ТЃ4.68m.
SWITZERLAND - HS LifeSciences launches QureInvest AG fund
HS LifeSciences has launched QureInvest AG fund, which will invest in biotech start-ups.
UK - AFM announces conclusion of MSIF Funds
Alliance Fund Managers (AFM) has announced a record year for investments in 2008 and the successful conclusion of its MSIF funds.
EUROPE - Balderton holds $430m first closing of fourth fund
Balderton Capital has held the first close of its new $500m vehicle, Balderton IV, on $430m.