Funds
IK Partners raises maiden continuation fund
The vehicle will allow the firm to extend its hold of Yellow Hive
British Patient Capital commits $50.8m to Evolution Technology Fund III
Evolution Equity Partners has raised $1.1bn for its latest vehicle
Exclusive: Apiary Capital closes oversubscribed fund
Managing partner Mark Salter reveals the factors that helped the firm win LP commitments and his advice on fundraising
Fund in Focus: INVL’s Baltic vehicle with wider ambitions
Fund "will be the top choice for local and foreign investors who understand our region" says INVL's Deimante Korsakaite
Seraphim Space’s sophomore venture fund holds first close
The new fund is aiming to build a portfolio of approximately 30 companies
Greenpeak Partners closes inaugural continuation fund on €350m
The vehicle was led by HarbourVest Partners
bValue raises €90m to back tech scaleups in CEE
The announcement comes a year after bValue’s first close
Wellington Management raises $385m for climate innovation fund
The private investment manager will target late-venture and early-growth companies
Magnesium Capital raises €135m for energy-transition investments
The maiden vehicle kicked off fundraising last year
Beyond Capital Partners closes third fund on €180m hard-cap
The new fund will continue to acquire majority stakes in profitable DACH companies
Lakestar closes latest fund generation on $600m
Lakestar Early IV and Lakestar Growth II will focus their investments in AI, digitalisation, deeptech, healthcare and fintech
Maxburg Capital’s Fund IV holds €450m final close
The GP's latest vehicle is 50% larger than its predecessor
Fund in Focus: Manulife Strategic Secondaries Fund closes on more than €550m
The fund focuses on GP-led secondaries and has already commenced its deployment phase, global head of co-secondaries Jeff Hammer tells Real Deals
French VC Quantonation raises €70m
The fund is dedicated to investing in quantum technologies
Fund in Focus: Turnstone’s latest haul to concentrate on buy-and-builds
Spun out of Argentum, Turnstone’s sophomore PE fund had a first close in December, co-founder Joachim Høegh-Krohn tells Real Deals
Expedition closes Fund II on €250m hard cap
The London-based GP closed its €174m debut fund in 2021
Miura Partners extends holding of dental business Proclinic Group
The Spanish GP has raised a single-asset continuation vehicle
Helix Kapital closes Fund III on €135.9m hard cap
Helix Kapital Fund III will continue the strategy of Helix’s previous funds, focusing on growth buyout investments in small-cap Nordic companies.
Main Capital banks €2.44bn across two vehicles
The oversubscribed funds take the GP’s AuM to €6bn
Preservation Capital Partners closes PCP Fund II
The close represents a 30% increase from its predecessor fund
Nexxus Iberia PE II holds final closing on €241m
Iberian SMEs and sustainability are in the fund’s sights
Pemberton closes direct lending fund on €2.3bn
The firm’s strategic credit strategy was launched in 2017
ThinCats launches regional fund
The fund targets midsized SMEs across the UK
Whiterock raises first equity fund
The vehicle will make investments in Northern Ireland
Continuation funds shine as sponsors crave liquidity – Houlihan Lokey
The trend comes as sponsors deploy creative strategies to optimise portfolios and create liquidity
Ascension raises £17m
The new fund will target "impact dragons"
World Fund closes debut vehicle
The vehicle is the largest first-time fund in European climate VC history
IVP banks $1.6bn for 18th VC fund
The vehicle is 12% smaller than its predecessor
Kester Capital III closes on £200m hard-cap
The fund is more than double the size of its predecessor
Fund in Focus: How Axcel closed its largest fund to date
Despite its success, Axcel VII was impacted by the market conditions and the denominator effect, managing partner Christian Schmidt-Jacobsen tells Real Deals
Fund in Focus: Mirova launches new €200m social fund
Marc Romano and Judith-Laure Mamou-Mani tell Real Deals that the fund has received €20m seed funding to kickstart it and make investments
Schroders Capital launches UK LTAF
The fund eyes tech and science opportunities within the UK VC arena
Exclusive: Tresmares to close third PE fund in March
The Spanish firm also plans to open new offices and launch additional funds, partner Ignacio Calderón tells Real Deals
YFM closes VCTs fund on £90m
The announcement follows the close of YFM’s Buyout Fund III on £95.5m last year
Inflexion raises £1.75bn for Partnership Capital Fund III
The fund’s predecessor banked £1bn in 2018
Cibus Capital harvests over $600m for food and agriculture investments
The GP believes agrifood technology has the potential for "unprecedented positive change"
Limerston closes second fund
The vehicle has completed three investments to date
Lightrock-backed Sunfire completes series-E financing round
The German electrolyser manufacturer has secured more than €500m
Hamilton Lane closes eighth credit fund on $700m
The fund’s predecessor closed on more than $950m in September 2022
CapMan banks €110m for third growth equity fund
CapMan’s growth funds have raised more than €300m since inception
Coller Capital invests in Permira’s continuation fund
The vehicle will include assets from Permira’s funds IV and V
Maguar Capital Partners’ second fund holds final close on hard-cap
The GP said existing investors “significantly” increased their investment amounts
Exclusive: Unigestion closes Emerging Manager Choice II Fund
In parallel, the fund has also notched its first exit
Palatine’s maiden Growth Credit Fund holds first close
The fund will support maturing, high-growth but not startup companies
EQT beats fundraising blues with latest vehicle
EQT X has banked €22bn
Exclusive: Capvis pivots its investment strategy after calling off fundraise
The Swiss GP is transitioning to a deal-by-deal model to exclusively pursue succession-oriented transactions, managing partner Daniel Flaig tells Real Deals
GP Profile: Core Equity
Real Deals catches up with ex-Bain Capital alum and Core Equity co-founder Thomas De Waen to discuss the atypical GP’s strategy and why it prefers to stay away from PE’s traditional pass-the-parcel model
Verdane closes Edda III on €1.1bn
Verdane has closed two funds above target in the last six months, amassing a total of €2.2bn
Turquoise and Redwheel launch UK climatetech growth-stage fund
The fund is targeting more than £100m
GP Profile: Arca Space Capital
CEO Ugo Loeser tells Real Deals the PE fund is currently assessing two new deals
Venture Views: Zebra Impact eyes smorgasbord of agrifood investment opportunities
Real Deals' Shivani Khandekar sits down with co-founder Fabio Sofia to understand the impact investor’s thesis and fundraising plans
Gresham House launches UK biodiversity fund
The vehicle will be part of Gresham House’s British Sustainable Infrastructure Fund strategy
British Patient Capital invests in Earlybird
The sophomore health fund has closed on €173m
HAT holds first close of Technology Fund 5
The new fund has a target size of €200m
Fund in Focus: Epiris Fund III holds final close on £1.044bn
Alex Cooper-Evans, partner, tells Real Deals the fund had strong re-ups from existing LPs
Trilantic Europe closes Energy Transition fund on €375m
The new vehicle has already executed its first two portfolio investments
Fund in Focus: Fondo Italiano d’Investimento’s co-investment fund hits first close on €82m
Roberto Travaglino tells Real Deals that the investor hopes to reach its final close within 12 months
Picus Capital’s second vintage holds first close
The VC firm has reached 70% of its €200m target
BNP Paribas Asset Management launches second co-investment fund
The fund will be invested in various opportunities, such as co-investments, equity flexing and GP-led transactions
Riverside’s RAC Opportunity Fund II closes at $235m
The fund provides growth opportunities to B2B software companies
British Patient Capital commits funds to Episode 1’s Fund III
The third fund from the specialist early-stage technology investor fund has closed on £76m
Bregal launches impact strategy
Bregal Sphere Nature will focus on investments in nature-based solutions
Speedinvest closes fourth fund on €350m
The firm was established in 2011 and has an AUM of more than €1bn today
3TS Capital Partners holds final close of European tech fund on €111m
The GP received commitments from the EIF among others
AIB Foresight SME Impact Fund holds second closing
The fund received a cornerstone commitment from AIB in 2022
Fund in Focus: Indigo Capital holds first close of third fund on €120m
CEO Monique Deloire tells Real Deals the firm aims to hold the final close of the vehicle by December 2024
Progressio Investimenti IV holds first closing on €182m
Commitments from its existing investor base made up more than 75% of the fundraising, the GP said
Future Energy Ventures banks €110m for new fund
FEV was launched in 2016 and is backed by E.ON
Exclusive: Arcano Partners eyes Q1 first close for second impact fund
The firms aims to secure commitments from its existing backers before expanding its outreach to international investors, Ricardo Miró-Quesada tells Real Deals
Arcmont raises €10bn for direct lending fund
Direct Lending Fund IV has already committed close to 55% of its capital
Italy’s Alto Partners closes fifth fund
The vehicle is 30% larger than its predecessor
Altor closes sixth fund on €3bn
The Article 8 fund is the largest ever raised by the GP
Committed Advisors reaps €2.6bn for fifth secondary fund
The vehicle is 65% larger than its predecessor fund
Exclusive: Bowmark closes seventh flagship fund on £900m
The fund bucked the market trend by hitting its hard-cap within just three months of its first closing, Bowmark managing partner Charles Ind told Real Deals
Vidia Equity closes Climate Fund I on €415m hard-cap
The fund will focus on emissions reductions in five of the most emission-intensive sectors
Fund in Focus: How Cinven banked $14.5bn for Fund 8
Real Deals catches up with Alexandra Hess, partner and head of investor relations, to discuss how the GP overcame a difficult macro environment to reach the fund’s hard-cap
Arcano Partners launches fifth private equity secondary fund
ASF V will maintain the strategy of the firm's previous secondary programmes
ISAI Expansion III holds first close on €190m
Caisse Des Dépôts, EIF and BNP Paribas Developpement among the LPs that supported the fund
Lexington Partners raises $22.7bn for secondary fund LCP X
The latest vintage significantly exceeded its predecessor
Cinven closes flagship fund at $14.5bn
Fund 8 is nearly 30% larger than its predecessor
eEquity launches fifth fund
The vehicle focuses on e-commerce companies
Gyrus Capital banks €310m for second fund
The vehicle enjoyed an almost 100% re-up rate, partner Hannah Tobin told Real Deals
Tikehau Capital launches sophomore aerospace fund
French aviation leaders Airbus, Safran, Dassault Aviation and Thales will also collaborate on the fund
Fund in Focus: Gresham House launches secondary-focused PE fund
Greg Blin, investment partner at Gresham House, tells Real Deals how the firm leveraged its existing relationships from the wider Gresham business
Partech launches €360m venture fund
The fund’s predecessor reached its hard-cap of €400m in June 2017
Fund in Focus: Foresight seeks SME opps for two new funds
The GP remains sector agnostic and has ticket sizes of up to £10m, partner Matt Smith tells Real Deals
Moonfare closes first co-investments fund on €58m
The fund raised 16% above its target size in less than 12 months
Fund in Focus: Revaia Fund II holds first close on €150m
Fund II has already invested in three firms, Alice Albizzati tells Real Deals
Ara Partners closes third vintage on $2.8bn
The oversubscribed private equity fund closed on its hard-cap
Capidea Kapital IV completes debut deal
The GP has acquired a majority stake in Right People Group
Pictet raises $320m for health PE fund
The alternative investment business exceeded its target size
Finnish VC announces first co-investment fund
The vehicle will invest in early-stage Finnish startups alongside angel investors
Invision acquires a stake in NonStop Gym
The GP will keep the management team untouched
Apax Global Impact Fund holds final close on c.$900m
The fund will invest in companies that tackle environmental or social issues
AnaCap closes maiden continuation fund on c.€300m
The close represents the fourth and fifth full exits from AnaCap’s Fund III
Fortino Capital’s second PE fund holds final close on €377m
The GP seeks to invest in B2B SaaS and PaaS firms with at least €5m turnover
Equistone-backed Andra Tech Group bolts on Lemmens Metaalbewerking
The deal will strengthen the firm’s position in DACH markets
Eurazeo backs Samskip’s zero-emission shuttle
The investment is the 15th investment from the GP’s maritime infrastructure fund
Carbon fund to begin selling carbon credits in three years – Portobello Capital
Real Deals catches up with the investment team’s Isabel Bordás to get an update on the green carbon fund