Italian venture capital house P101 has held a final close for its second vehicle, Programma 102, on €100m, Unquote understands.
First investment made by the GP via Magnum Capital III, which was launched in December 2019
GP acquires a minority while the company's founders retain their majority ownership
Acon invests in partnership with Quarza Inversiones, which acquired a minority stake in the company
Hg Capital Trust has invested approximately £8.1m alongside other institutional clients of Hg