Venture
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 £125m 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 £4.68m.
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.
UK - Abingworth raises £84m co-investment fund
International life sciences and healthcare investor group Abingworth has closed an £84m co-investment vehicle, Abingworth Bioventures V Co-Invest Growth Equity Fund LP, which is designed to invest alongside Abingworth Bioventures V and brings the total...
FRANCE - Montefiore Investment holds EUR 120m close
Montefiore Investment has held a EUR 120m interim close of its second fund, Montefiore Investment II.
NORDIC/CEE - GILD launches EUR 50m second fund
Estonia-based investment bank GILD Bankers has launched its second private equity fund, GILD Long Haul II, with a target of EUR 50m.
PORTUGAL - Amorin launches EUR 100m private equity fund
Market rumour suggests that the Amorim Group, established by the Amorim family, has launched Amorim Global Investors, a EUR 100m private equity fund.
SPAIN - Tvikap postpones second close
Tvikap, a hybrid private equity and opportunistic fund, has postponed its fundraising due to current market conditions.
UK - TTP to manage £30m technology fund
TTP Ventures has been selected to manage a new £30m Enterprise Capital Fund (ECF), which is specifically designed to invest in early stage IT and clean technology businesses.