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Funds in Focus

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

Baltics Invl Asset Management

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

Continuation Funds Manulife Secondaries

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

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

Axcel Clifford Chance Kromann Reumert Pjt Park Hill

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

Mirova Natixis Investment Managers

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

Campbell Lutyens Carey Olsen Clifford Chance Uk

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

Co-investments Fondo Italiano D’investimento Italy Smes

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

France Hybrid Capital Indigo Capital

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

Bowmark Capital Kirkland & Ellis

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

Cinven Due Diligence Fundraising

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

Fundraising Gresham House Vct

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

Acquisitions Foresight Group Ireland Uk Wales

Fund in Focus: Revaia Fund II holds first close on €150m

Fund II has already invested in three firms, Alice Albizzati tells Real Deals

B2b Fundraising Saas Venture Capital

Nexxus Iberia’s second vintage begins deployment

While the GP is sector-agnostic, it favours healthcare opportunities in Iberia, co-founder Pablo Gallo reveals to Real Deals

Fund Launch Fundraising Healthcare Spain

Fund in Focus: YFM closes its largest buyout vehicle

Managing partner Eamon Nolan sits down with Real Deals to discuss the expectation-beating fundraise

Fundraising Yfm Equity Partners

Fund in Focus: EOS tops hard-cap for second fund

The GP plans to make its first investment by the year-end, partner Philipp Wegener tells Real Deals

Fundraising

Fund in Focus: Tikehau targets €500m for cybersecurity vehicle

The fund has made two investments including ChapsVision, says Gilles Daguet, head of private equity cybersecurity strategy

Cybersecurity Fundraising Tikehau Capital

Fund in Focus: Kvanted Ventures closes maiden fund on €70m

Kvanted Fund I has already completed two acquisitions

Kvanted

How Northern Gritstone won pension fund backing

CEO Duncan Johnson tells Real Deals how the VC secured more than 70% of its £312m worth of commitments from pension funds

Final Close Private Equity Venture Capital

Fund in Focus: Norvestor IX closes on €1.5bn hard-cap

Head of investor relations Rebecca Farr tells Real Deals that the Nordic PE firm was on the road for almost a year

Final Close Fundraising Norvestor Private Equity

Fund in Focus: Breega holds first close of new €150m vehicle

Europe Seed III fund, which has a hard-cap of €200m, is expected to complete next year, partner Dan Shellard tells Real Deals

Fundraising Venture Capital

Fund in Focus: Appian closes Fund III at $2bn

Mining and metals industries are playing a critical role towards net-zero transition, Appian’s CEO Scherb tells Real Deals

Esg

Fund in Focus: Ananda Impact Ventures realises first ever VC impact fund

In conversation with Real Deals, founder and managing partner Johannes Weber chats exit strategy and lays out the firm’s impact carry model

Fund in Focus: INVL kicks off fundraising for new PE vehicle

Executive partner Deimante Korsakaite tells Real Deals that the GP is aiming for a first close in Q1 2024

Baltics Fundraising

Fund in Focus: Glentra Capital’s Fund I holds first close on €443m

Director Christina Sobfeldt Jahn told Real Deals that having Novo Holdings and PKA as anchor investors was a “massive vote of confidence”

First Close Private Equity

Fund in Focus: White Star Capital announces Structured Growth Capital Fund I first close

The firm’s general partners Bryan McLoughlin and Hemal Fraser-Rawal tell Real Deals about the benefits of its new hybrid investment structure

First Close Fundraising Growth Capital Private Equity

Fund in Focus: Polaris eyes €100m to invest in public companies

Partner Roger Hagborg tells Real Deals that Polaris is aiming for six to seven investments during the course of the fund

Fundraising

Fund in Focus: Traditum Private Equity eyes £10m to invest in agriculture

The sponsor aims to close fundraising and enter into negotiations on its first acquisition by Q4, Traditum’s Stephen Pickup tells Real Deals

Agriculture Fundraising

Fund in Focus: Foresight holds third close for North East Fund on £90m

Partner Claire Alvarez told Real Deals that the firm will look to invest in businesses generating between £1-3m of profit

Foresight Group Private Equity

Fund in Focus: Armònia’s sophomore fund holds first close on €140m

The GP is working on two exclusive deals from its latest fund that will be announced in Q1 2024, Alessandro Grimaldi, founding partner and CEO, told Real Deals

Fundraising Italy

Fund in Focus: Medicxi targets unmet medical needs with new vehicle

The GP’s fourth fund closed on $400m and is looking to start deploying capital post-summer

Fundraising Healthcare

Fund in Focus: Nordic Alpha Partners’ sophomore growth fund holds first close on €150m

Speaking to Real Deals, senior partner Laurits Bach Sørensen says NAP Fond II has been on the road for more than a year

First Close Fundraising Private Equity

Fund in Focus: Fremman Capital closes maiden fund at €600m

Ricardo de Serdio speaks to Real Deals as Fremman’s total AUM tops €1bn

Fundraising Mid-market Private Equity Sfdr Southern Europe

Fund in Focus: Impact Expansion bags €100m for inaugural fund

The Article 9 vehicle has secured EIF as a cornerstone investor, Elvire Perrin tells Real Deals

Belgium Benelux Esg Fundraising Private Equity Sustainability

Fund in Focus: Qualium closes third fund on €535m after 16 months

Real Deals catches up with managing partner Jean Eichenlaub, as the final close figure of the third generation fund is announced at €535m

France Fundraising Mid-market

Fund in Focus: Adams Street gets 50% commitments increase for new secondaries vehicle

Jeffrey Akers, partner and head of secondary investments, tells Real Deals that tailwinds in the secondaries market have driven LP interest towards its global secondaries programme.

Fundraising Secondaries

Fund in Focus: Munich Private Equity Partners launches fifth fund-of-funds

Speaking to Real Deals, MPEP’s managing directors Christopher Bär and Christian Moritz said they have “good” visibility on MPEP V’s pipeline for the next three years.

Fund Launch Fundraising Germany Munich

Fund in Focus: Sweden’s Fidelio’s €1.1bn third vehicle to target ‘niche’ markets

Fidelio III started raising capital in 2022, held a first close in August and a final close in May this year, founder and CEO Gabriel Fitzgerald told Real Deals.

Fundraising Sweden

Fund in Focus: Innova Capital bullish on CEE opportunities after raising €324m for latest vehicle

The GP will focus on making controlling investments in companies with enterprise values of €50-150m, Krzysztof Kulig, senior partner at the firm, told Real Deals.

Fundraising New Fund Poland

Fund in Focus: Infravia seeks €2bn to support energy transition

Having received approval for a €500m commitment from the French government, Infravia plans a first close in December this year for its critical metals-focused fund, founder and CEO Vincent Levita told Real Deals.

Esg France Fundraising

Fund in Focus: Blazehill Capital closes sophomore debt vehicle on £250m

Despite growth and consolidation, private funds are focused on bigger cheques and deployment of follow-on capital. This, alongside high street banks' retrenchment, has created a gap in the mid-market, Blazehill MD Tom Weedall told Real Deals.

Debt Funds Fundraising

Fund in Focus: Investindustrial closes third lower mid-market fund on €1.1bn

Investindustrial Growth III spent 12 months on the road and is aiming for 10 investments during the course of the fund, the GP’s senior principal Carl Nauckhoff told Real Deals.

Fundraising Investindustrial

Fund in Focus: Forbion amasses €1.35bn across two vehicles

The healthcare sector is less cyclical compared to others, providing the necessary consistency in returns, managing partner Sander Slootweg told Real Deals.

Fundraising Healthcare Life Sciences

Fund in Focus: Pantheon bets big on co-investments with its latest haul

The investment firm’s global head of private equity, Jeff Miller, sits down with Real Deals to outline how it plans to deploy its recently closed $2.4bn fund.

Buyouts Co-investments Fundraising Pantheon

Fund in Focus: Gilde Healthcare raises €600m for Venture & Growth VI fund

Speaking to Real Deals, Pieter van der Meer, managing partner at Gilde, said the vehicle reached its target size but still has “room for latecomers”.

Benelux Fundraising Growth Capital Venture Capital

Fund in Focus: Eiffel Investment holds €400m final close for Essentiel fund

Eiffel Investment Group's Romain Ohayon told Real Deals that the fund hopes to make three or four investments by the end of this year, and about 15 in total.

Final Close France Fundraising

Fund in Focus: Sweden’s Procuritas closes seventh fund above €400m

The fund is 28% bigger than its predecessor and enjoyed a re-up of more than 100% from its existing investors, Mattias Feiff tells Real Deals.

Fundraising Procuritas

Fund in Focus: Swen Capital plans to tackle ocean health issues with €170m haul

Olivier Raybaud, MD of the fund, spoke to Real Deals about how the biggest challenge was to reach a first close as a first-time fund.

France Swen Capital Partners

Fund in Focus: Clave Capital targets €65m final close

Fund director Santiago Lozano sat down with Real Deals to discuss its latest Innohealth fund, which held its first close at €50m.

Fundraising Healthcare Healthtech Spain

Fund in Focus: ACP eyes €300m for Fund V

Real Deals sits down with ACP partner Christian Stix to discuss the progress of the Central Europe-focused firm's fifth fundraise.

Accession Capital Partners

Fund in Focus: Longship credits consistent, differentiated strategy for latest fundraise

In conversation with Real Deals, managing partner Kai Jordahl outlines the plan to deploy its most recent haul, and the importance of outperforming successively.

Fund Close Fundraising

Fund in Focus: Certior Capital making ‘good’ progress on €80m final close

Real Deals catches up with Timo Hara, founder and partner at the Finnish small-cap and lower mid-market investor, following the first close of its latest fund, Certior Private Equity Fund II.

Finland Fundraising

Fund in Focus: Imbiba expecting ‘incredibly busy’ H1 following £70m close

Real Deals catches up with Lizzie Ryan, partner and head of investment at the leisure, lifestyle and entertainment investor, following the first close of its second fund, Imbiba Growth II.

Acquisition British Business Bank Fundraising Investments Venture Capital

Fund in Focus: Nordic Capital €9bn fund 45% larger than predecessor

Real Deals caught up with Nordic Capital following its highly anticipated €9bn close of its eleventh fund. The fund raised in nine months and is 45% larger than its predecessor.

Nordic Capital Private Equity

Fund in Focus: THCP bullish on deployment following €1bn close

Real Deals catches up with the preferred capital provider following the €1bn close of its fourth fund, which it will seek to deploy across more regional markets over the next four years.

Debt Funds Fundraising Rede Partners Three Hills Capital Partners