Exclusive
Sella Venture Partners to launch €150m VC fund-of-funds
Vehicle will make around 20 investments and will target Europe, the US and Israel
Consilium to launch €200m fourth buyout fund
Fund IV will acquire majority stakes in Italian companies operating in a wide range of sectors
Equinox III raises €230m
Fund targets Italian companies operating in the the food, retail, technology and healthcare sectors
MCH launches €400m fifth buyout fund
MCH Iberian Capital Fund V is larger than its predecessor, which held a final close in 2017 on €350m
Montagu shelves plans for €500m infra strategy to focus on PE
Montagu instead decides to focus on the тЌ3bn fundraise for its sixth private equity fund
LBO France buys Passman group in SBO
SBO sees Siparex exit the investment and Andera reinvest via ActoMezz III in Passman
Ambienta buys Phoenix Group
GP acquires a majority stake in the business from Chequers Capital, which bought the company in 2016
ADM launches Cibus Enterprise Fund
Cibus Enterprise will acquire minority stakes in late-stage venture businesses operating in agtech
Neveq targets €27m for third fund
Vehicle's predecessor Neveq II held a final close on €20.3m in 2014 and is now fully invested
Steadfast holds final close on €297m
Vehicle surpassed its target of €250m to close just below its €300m hard-cap after two years
FSI holds final close for mid-market fund on €1.4bn
FSI Mid-Market Growth Equity Fund acquires primarily minority stakes in Italy-based companies
L-Gam closes second fund on €772m
Launched in mid-2018 with a €650-750m target, L-Gam II held its final close in December
Karma Ventures to start raising new fund in 2020
VC's first fund, closed in Q2 last year, is approximately 25% deployed currently
LBO France buys Moustache Bikes in €150m deal
Initiative & Finance sells its 55% stake acquired in 2015 and reaps 10x money
Aksìa launches €200m fifth fund
Aksia Capital V is larger than its predecessor, a €110m vehicle closed in April 2016
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Siparex Investimenti 3 to be launched in 2019
Fund is managed by Insec Equity Partners, which is based in Milan and led by Barbini and Gianola
ProA Capital holds €475m final close for third buyout fund
ProA Iberian Buyout Fund III targets mid-sized companies with potential for internationalisation
Acon Investments backs Germaine de Capuccini
GPs plan to boost the company’s product innovation and expand its growth organically and via add-ons
BluGem sells DMC Group to Lion Capital
Sale ends a three-year holding period for BlueGem, which bought the company via its тЌ370m second fund
Tikehau IM holds €2.1bn close across funds
Tikehau IM's four vehicles, focusing on direct lending, were launched around a year ago
Ardian buys Celli from Consilium
Sale ends a six-year holding period for Consilium, which controlled a 70% stake in Celli
Altor holds final close on €2.5bn hard-cap
Vehicle was registered in Sweden in August, but began its official marketing period in September
Experienced Capital to launch second fund in 2019
Experienced Capital's maiden fund held a final close on €78m in 2016 and is now fully deployed