Venture
ITALY - Vertis reaches first closing on EUR 40m
Vertis Sgr has reached the first closing of its new vehicle, Vertis Capital, on EUR 40m.
CEE - Arx III holds first close on EUR 83m
Arx Equity Partners has held the first close of its third fund, Arx CEE III, on EUR 83m.
EUROPE - Beechbrook launches maiden fund with USD 75m
Beechbrook Capital has launched its first fund, Beechbrook Mezzanine I LP, with an initial commitment of up to USD 75m.
SPAIN - Sepides et al launch nanotech fund
Sepides, Sodena and Principia have launched a new nanotech dedicated fund with an initial commitment of EUR 4.5m, with the final total expected to reach the EUR 12m.
UK - Elysian to raise first fund
Elysian Capital has been reported as raising its debut fund, Elysian Capital I, with a target of ТЃ200m.
IRELAND - NCB holds first closing on EUR 75m
The Ulster Bank Diageo Venture Fund LP, managed by NCB Ventures, has held its first closing on EUR 75m.
FRANCE - Ouest Ventures to launch EUR 50m fund
According to reports, Ouest Ventures is to launch its second fund in November with a target of EUR 50m.
ESTONIA - Alta Capital in need of funds
According to reports, Alta Capital's real estate development arm is in need of EEK 500m to redeem bonds over the next few months.
GLOBAL - Nextech Venture holds final close on USD 65m
Switzerland-based Nextech Venture has held a fourth and final close of its oncology-focused fund on USD 65m.
UK - Royal Society holds first close on £5m
The Royal Society, the national academy of science of the UK and the Commonwealth, has held a first close of its Enterprise Fund on ТЃ5m.
NETHERLANDS - Sitra joins Capricorn Cleantech Fund
Finnish Innovation Fund Sitra has commited EUR 10m to the Capricorn Cleantech Fund, which held its final close on EUR 100m last May.