Fondo ICO Global announces second tender result
Spain's Fondo ICO Global has announced the results of its second tender, committing to local vehicles and a handful of international funds.
Notable recipients of the latest tender include global buyout house Trilantic Capital Partners and PAI Partners' PAI Europe V fund, which held a first close on €1.4bn in January 2014.
The €1.2bn fund-of-funds has also committed to local mezzanine fund Oquendo Mezzanine II, marking its first commitment to a debt vehicle.
Espiga Capital has also received ICO's support for its latest vehicle, Espiga Equity Fund.
Among the venture capital recipients are Axon Capital's Fondo Axon ICT III, Caixa Capital Risc's Caixa Capital TIC II, Forbion's Capital Fund III vehicle, and Seaya Capital Gestion's Seaya Ventures.
Managed by Axis, Fondo ICO Global launched in 2013 and has since backed 14 private equity and venture capital funds, following its first tender in December 2013.
More on Southern Europe
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
EU FSR could impact PE fundraising with potential rise in ‘clean funds’
FSR could lead GPs to create funds without foreign LPs; red tape around sovereign wealth funds likely
Letter from the editor: Unquote is moving to Mergermarket
Unquote Editor Harriet Matthews outlines Unquote.com's upcoming move to the Mergermarket platform and the new capabilities and intelligence that this brings to Unquote readers
GP Profile: Apheon builds on family roots, mulls exits and reinvestment opportunities
Belgian GP, formerly known as Ergon, to continue to target family- and entrepreneur-owned European businesses
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater