Official Record/Funds
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
Hayfin exceeds EUR 6bn target for fourth direct lending fund
Firm expects to raise EUR 7bn by year-end as it gears up to meet growing private credit demand in Europe
Golding eyes 2024 final close for latest secondaries fund, targets ‘undercapitalised’ small- and mid-cap space
Asset manager is targeting EUR 500m and is seeing discounts on both GP-led and LP stakes deals
Eurazeo co-CEOs seek to reassure market following key departures
Listed GP is also considering options for its stake in Spanish PE platform MCH, it said in its latest results
Siparex kicks off Midcap 4 fund deployment as fund nears EUR 250m target
French glass processing company Cevino Glass marks first investment from EUR 220m fund, which is expected to meet its EUR 250m target by year-end or early 2024
Medicxi raises USD 400m to invest in single-focus life sciences companies
GP's fourth fund will deploy USD 10m-USD 20m tickets in narrow indications of unmet need; backed by pharma
CVC raises Europe’s largest ever buyout fund, securing EUR 26bn for ninth vehicle
Fund was launched in January 2023 and surpassed its EUR 25bn target, the GP said in a statement
LGT closes fourth global venture capital fund on USD 930m
Primary, co-investment and secondaries vehicle surpassed its USD 750m target
BioGeneration Ventures closes Fund V on EUR 150m
LP appetite for healthcare has remained strong in spite of a tough fundraising market
Federated Hermes raises USD 486m for fifth co-investment fund
Fund surpassed its USD 400m target; its 2018-vintage predecessor raised USD 600m against a USD 350m target
Seven2 to launch 11th fund in next 18 months as fundraising normalcy nears
Fundraising could pick up by year-end as LP denominator effect continues to wind down
SGT Capital focuses on co-investments and LP diversification in next stretch of USD 2bn fundraise
Co-managing partner and former Mormon missionary turned financier Joseph Pacini speaks to Unquote as the firm’s current fund nears a USD 1bn-plus second close
Inspirit holds GBP 75m final close for second fund, anticipates strong carve-outs dealflow
Fund was oversubscribed and closed following a three-month fundraising process
Palatine reaps 6x money on SBO of Anthesis to Carlyle
GP will be reinvesting in UK-headquartered sustainability firm, acquiring a minority stake
Cathay holds final close on USD 270m for PE growth fund
France-based GP’s latest private equity fund expands its geographical focus to North America
RTP Global holds final close for fourth fund on USD 1bn
Fundraise is New York-headquartered early-stage venture capital firm’s largest to date
Volpi raises EUR 250m continuation vehicle for 2016-vintage assets
Volpi Capital Investments Conti will hold Dutch geospatial data company Cyclomedia and UK-based surveillance group Digital Barriers
Frst aims to hit EUR 100m hard cap by year-end for AI-focused third fund
Paris-based VC has held a EUR 72m first close for early-stage vehicle, which will mainly invest in AI experts
Naxicap to exit ECF in SBO to PAI
Hospitality and care equipment producer marks fifth deal from PAI’s eighth flagship fund
TA Associates waltzes to USD 16.5bn fundraise
Seven-month raise for the US-based sponsor’s fifteenth vehicle bucks fundraising woes faced elsewhere
MPEP launches fifth buyout fund-of-funds with EUR 300m target
Lower mid-market specialist will continue to apply thorough due diligence for new and existing relationships, seeking persistency of returns
Nordic Alpha Partners secures EUR 150m for second greentech fund
Hardtech sustainability-focused GP expects to continue its fundraise throughout 2023 following its first close and firm's first strategic exit
HSBC raises USD 580m-plus for second UK direct lending vintage
Strategy makes senior secured loans to mid-market private equity backed companies
Just Climate holds final close for debut USD 1.5bn fund
GP will take minority stakes in industrial businesses targeting climate challenges, focusing on greenhouse gas reduction