Venture
GLOBAL - ArcelorMittal launches cleantech fund
ArcelorMittal, the world's largest steelmaker, has launched a EUR 100m venture capital fund to invest in clean technologies.
UK/GERMANY - First London to launch EUR 50m fund
First London Securities has reached an agreement with Humbolt-Innovation GmbH to establish a joint EUR 50m fund designed to invest in spin-out companies from the Berlin Humbolt university.
UK - Pentech to raise £45m fund
Pentech Ventures is believed to be raising a new ТЃ45m fund, to be launched this summer.
RUSSIA - Almaz reaches first closing on USD 60m
Almaz Capital Partners has reached the first closing of its maiden fund, Almaz Capital Russia Fund I, on USD 60m.
SPAIN - Erkapen launches with EUR 400m fund
Erkapen, which is backed by the Basque and local governments and three Basque savings banks, has launched with a EUR 400m fund to invest in Basque companies.
ITALY - Cape LIVE to invest EUR 5m in new SME fund
Cape LIVE is to commit EUR 5m to Equilybra Capital Partners, a private equity fund that is designed to invest in public and private SMEs.
SPAIN - Impala reaches interim closing
Impala has reached the interim closing of its second fund on EUR 150m and is expected to reach EUR 300m by June 2009.
SPAIN - Miura reaches final closing of maiden fund
Miura Private Equity has announced the final closing of its maiden vehicle, Miura Fund I, on approximately EUR 100m.
UK - Hotbed members get access to mainstream fund
For the third year running, private investor syndicate Hotbed Ltd has given its members the opportunity to invest alongside institutional investors by participating in a mainstream private equity fund run by Parallel Private Equity.
ITALY – EstCapital launches first closed-end alternative energy fund
Asset management firm EstCapital Sgr has launched RealEnergy, the first closed-end fund investing in photovoltaic and alternative energy sources in Italy.
CEE - Da Vinci raises USD 110m
Da Vinci CIS Private Sector Growth has raised USD 110m for investments in both non-listed equity and equity-related securities of companies located in the CIS region.
FRANCE - Demeter Partners set to launch EUR 200m fund
Demeter Partners is set to launch its new EUR 200m fund Demeter 2. According to reports the new fund is set to be launched before the start of the summer and is expected to close before the end of 2008.