Venture
UK - Adamant Ventures opens in Scotland
Swiss healthcare focused financial advisory firm Adamant Biomedical Investments has opened a venture capital arm in Edinburgh. Adament Ventures will target healthcare companies based in the UK, Scandinavia, Central Europe and the US.
GERMANY - TGFS venture fund closes on EUR 60m
CFH, a private equity firm located in Saxony, has together with its partners, closed Technologie Gründer Fund Saxony (TGFS). The fund is a joint activity of CFH, SIB, SC-Kapital and SBM, the venture capital arms of three regional savings banks located...
ITALY - ACP Capital to launch renewable energy fund
ACP Capital has the launch of a dedicated renewable energy assets fund. The vehicle will focus on the acquisition and development of renewable energy companies in Italy and Southern Europe.
FRANCE - Crédit Agricole Private Equity launches two FCPI innovation funds
Crédit Agricole Private Equity has launched two FCPI innovation funds. The new FCPIs, Crédit Agricole Europe Innovation 2008 and LCL Capital Invest PME, will be offered to Crédit Agricole's high net worth customers in the regional banks and private banks...
ITALY – Venture capital fund for start-up SMEs
Simest has signed an agreement with BNL, part of BNP Paribas, to manage a fund targeting SMEs in the start-up phase wishing to internationalize outside the EU.
FRANCE – Siparex closes EUR 150m fund
Sigefi Private Equity subsidiary Siparex Group has closed Siparex Middle Market II on EUR 150m. The new fund will make growth capital/LBO investments ranging between EUR 5m to EUR 15m in SMEs with valuations of up to EUR 150 m.
FRANCE – Natixis & Seventure launch new funds
Natixis Private Equity and its subsidiary Seventure Partners have launched two new funds. Natixis has launched FCPR fund called Natixis Dévelopment and Création 2008 which will seek to invest in small to mid-cap companies. More specifically, at least...
GERMANY – SHS III reaches first closing
SHS III, the third fund managed by Tübingen-based SHS Gesellschaft für Beteiligungsmanagement, has raised EUR 40m from investors in Germany and across Europe. The fund is geared to financing young, innovative companies in the life sciences and healthcare...
UK - Close Ventures closes VCT fund top-up
Close Ventures has closed the top-up round for Close Enterprise VCT PLC with more than ТЃ10m in commitments.
FINLAND - Amanda Capital launches new fund for listed private equity
Amanda Capital has launched a new mutual fund, Amanda SICAV-SF- Liquid Private Equity Fund (Amanda LPE), that will invest in globally listed private equity firms and funds.
EUROPE – DN Capital reaches EUR 50m first close
Unquoteт has learned from a limited partner that European early stage and growth equity investor DN Capital has reached a first close of its second fund, Global Venture Capital II (GVC II). The fund raised just under half of its EUR 100m target and should...
FRANCE – Participex launches EUR 35m fund
Crédit Argricole Nord de France has launched a EUR 35m fund via its subsidiary Participex.
FRANCE – TCR Capital Partners III holds final close on EUR 160m
TCR Capital Partners has announced the final closing of its third fund, TCR Capital Partners III, on EUR 160m, ahead of its EUR 150m target. TCR held a first close in March 2007 on EUR 100m. Around 40% of the investors are returning investors who had...
ITALY – Ambienta reaches first closing on EUR 124m
Ambienta has reached the first closing of its first vehicle, Ambienta I on EUR 123.75m. Commitments were provided by Italian and financial institutions, industrial groups and Italian and international private investors. The second fundraising stage, which...
FRANCE - ICSO2 announces first close at EUR 63.5m
IRDI and ICSO Gestion have held a first close of their buy-out and growth capital FCPR fund, Icso2, at EUR 63.5m. The vehicle has a target of EUR 100m. S second close is planned for June.
SPAIN – Tandem closes first fund on EUR 50m
Tandem Capital Gestión has reached the final closing of its first fund on EUR 50m.
SPAIN - BPEP launches Baring Iberia III
Baring Private Equity Partners (BPEP) has launched its third vehicle, Baring Iberia III, with a target of EUR 200m.