Venture
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.
CEE – AMC closes EUR 261m fund and 10 deals
Mezzanine Management Central Europe has reached a final close of EUR 261m for its latest fund, surpassing its EUR 200m target and even it’s EUR 250m original hard-cap.
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 £10m 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
Unquote” 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...
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.
SPAIN – Ysios launches biotech fund
Ysios Capital Partners has announced the launch of its first fund, Ysios BioFund I. The fund will look to raise between EUR 65-75m.
FRANCE – XAnge holds EUR 50m final close of first fund
XAnge Private Equity has held the final close of its first capital development fund, XPansion on EUR 50m. The fund was launched in July 2006.
UK - ETF raises £110m for first fund
Environmental Technologies Fund (ETF) has reached a final close on £110m for its debut fund, exceeding its original target of £100m.
FINLAND - Nexit Ventures holds first close on EUR 50m
Nexit Ventures has held a first close of its new wireless and mobile opportunities fund, Nexit Infocom II L.P, on EUR 50m. The vehicle is aiming to attract total commitments of EUR 100m+.