Funds-of-Funds
Pictet holds first close for healthcare fund-of-funds
Around 40% of the target USD 400m will be allocated to co- and direct investments
NB closes Euro Crossroads 2018 fund on €260m
LPs in previous Crossroads vehicles include the Iowa State University Foundation and WSI Investments
EC launches €300m platform Escalar
In its pilot phase, Escalar will provide up to €300m, backed by the European Fund for Strategic Investments
LP Profile: Connection Capital
Private equity managing director Bernard Dale discusses the firm's focus on private clients and its direct/indirect investment model
Gain Capital holds €28.4m first close for third fund-of-funds
Vehicle has a target of €60m and will look to hold a final close by the end of 2019
Syz Group launches private market arm
New division will comprise a multi-manager fund and a team dedicated to co-investment
Dunas Capital launches first fund-of-funds
Madrid-based Dunas Capital has launched its first fund-of-funds, Rainforest Dunas Iberia Fund I, with a €100m target.
Northleaf nets $2.2bn for global PE programme
Canadian private markets investor closes its latest secondaries vehicle on $800m
Dyal Capital makes minority investment in Golub Capital
All proceeds from the deal will remain invested in the firm and there will be no change in strategy
MCH holds €180m final close for new fund-of-funds
Fund will be managed by MCH Investment Strategies in partnership with Carlyle's AlpInvest Partners
Fenera holds first close for funds-of-funds
Vehicle was launched in April alongside private debt and real estate fund-of-funds
Fondo Italiano to launch two funds-of-funds
FoF PE II will target private equity funds that invest in Italian SMEs operating in the tech sector
Fenera to raise three funds-of-funds
Shareholders include Fenera Holding, Banca Sella and some institutional investors
Essling to shake up funds-of-funds formula with new vehicle
Massena spinout Essling this month recruited the funds-of-funds team from Amundi and will launch its first vehicle shortly
Newcomer Essling poaches Amundi funds-of-funds team
Having recruited the four-strong team, Essling will launch its first fund-of-funds within the next few weeks
Fondo Italiano hits €163m final close for VC fund-of-funds
Following the recent €3m commitment of Fondazione Cariparo, the fund hit a final close on €163m
BMO PE holds €60m first close for co-investment vehicle
New fund aims for net 20% return, has a target of €300m and anticipates a final close in early 2018
Adams Street raises $470m towards 2017 Global Fund
Funds-of-funds manager secures capital across five separate vehicles, according to regulatory filings
Unigestion, Union Investment close third fund-of-funds on €312m
Unigestion will manage the fund's portfolio while Union Investment is responsible for fund administration
Bulking up: Consolidation in the LP space
Asset managers are flexing their muscles in a new wave of fund-of-funds consolidation
New LP Essling Capital spins out from Massena Partners
PE-focused entity manages €1bn across primaries, secondaries, co-investments, real estate and debt
Dyal Capital Partners III closes on $5.3bn
Division of Neuberger Berman's fund increases target and is oversubscribed at final close
Adveq closes Adveq Europe VI on €462m
GP closed Adveq Specialised Investments and Adveq Europe Co-Investments earlier in 2016
EIF, EC launch new pan-European venture FoF programme
Programme aims to support a range of small businesses and entrepreneurs across Europe