Fundraising
Argos Wityu puts skin in the game for new climate fund
New ‘several hundred million Euros’ vehicle pegs team’s carry to CO2 reduction targets
Fidelity markets EUR 1bn-plus debut direct lending fund
Asset manager is in discussions with prospective LPs for vehicle registered in December
Lightrock to tap net-zero scale-ups with EUR 860m climate fund
With LGT as anchor investor, London-based VC’s new vehicle exceeded EUR 600m hard cap
Qualium bets on high dry powder level to sustain exit valuations
Mid-cap sponsor nears EUR 500m Fund III target with closing expected before year-end, source says
Tilia Impact on the market for EUR 32m early-stage fund
Czech VC eyes institutionals and HNWIs for impact-driven vehicle; first close expected by March
Fasanara targets USD 110m first close for new fund by year-end
UK-based investor in talks with institutional investors to close USD 350m VC vehicle in H1 2023
Financière Arbevel gears up for new life sciences fund first close
With EUR 100m target second vehicle seeks to attract regional entities of French banks
Eurazeo expects longer fundraising for flagship Fund V
EUR 3bn target to be partly funded by balance sheet; selective, resilient investments to attract LP's interest
Nordic Capital nears EUR 9bn final close for Fund XI
Expected to be 50% larger than its predecessor, new vehicle took six months to raise
Capvis bets on LP pivot to 'traditional' sectors from venture, growth strategies
GP is in pre-marketing for sixth fund targeting around EUR 1.2bn, according to a source
Vendis 'very much in business' with fourth consumer fund in play
Belgian GP expects ‘disruptive scaleup’ consumer investments to weather economic downturn
Junction Growth seeks EUR 100m for energy transition fund
Belgian VC held first close for debut vehicle on EUR 75m with commitments from PMV, EIF
Astorg gears up for EUR 6.5bn close for Fund VIII next year
French sponsor seeing “good level” of re-ups; tapping retail investors and HNWI money
Secondaries Preview: Strong LP stakes dealflow, strategy specialisation to come in 2023
With some managers overexposed to single-asset GP-led deals, secondaries GPs are taking stock of opportunities for next year
Onex Partners aims for USD 8bn target with sixth flagship fund
New generation fund to remain similar in size to the USD 7bn fifth fund, with operational improvement a key focus
Kharis, Verlinvest lead USD 80m round for Not So Dark
Series B takes French food-tech delivery startup’s total funding to USD 105m
Private equity players warn of fundraising "shake-out"
Attendees at IPEM 2022 are bracing for challenging fundraising market to continue into 2023
Wingman Ventures eyes new USD 120m fund to back Swiss startups
With a larger target than its predecessor, Fund II could see more institutional investors in its LP base
Speedinvest set for Climate & Industry fund close after H1 slowdown
Aimed at supporting the GP’s own portfolio, EUR 80m vehicle has been close to 30% deployed
DCP set for final close on EUR 45m growth fund this month
Turkish VC’s second fund received commitments from 10 LPs including anchor investor EIF
YFM to hit the road for GBP 80m-GBP 100m fundraising in 2023
Small cap GP in pre-marketing with existing LPs; Fund II full deployment expected mid next year
Argos Wityu launches Article 9 buyout climate fund
Swiss GP’s new vehicle to tie carried interest payments to portfolio companies’ CO2 reduction targets
Q&A: Octopus Ventures on consumer investing in times of recession
Partner Rebecca Hunt on the VCтs approach to consumer tech deals and how household savings, pricing down will see businesses through the crisis
Lakestar eyes fundraise for second Growth Fund
Luxembourg regulatory filing paves the way for European LPs to invest in the vehicle