Hugh Richards of Exponent Private Equity offers a personal perspective on spinning out of an institutional private equity manager.
AXA Investment Managers Private Equity has announced the final closing of its latest mid-market secondaries fund on $1bn: well ahead of an original target fund size of $800m.
The Connecticut-based healthcare investor has closed its sale of EAS to pharma giant Abbott Laboratories for $320m.
The Connecticut-based energy investor will continue to target investments in conventional oil service, oil service technology, and exploration and production sectors.
The newly-independent Dutch private equity firm, formerly known as NeSBIC, has closed its second fund ahead of a €200m target.
The new venture fund, which will focus on IT investments, comes online at a time when established firms crank out their follow-on funds.
Despite industry-wide lighter venture capital fundraisings, the Washington-State-based firm closes its largest fund to date while simultaneously naming two new partners.
Bain Capital Ventures’ second fund follows its 2001 same-sized vehicle, which is close to being fully invested.
European Venture Partners (EVP), a venture leasing specialist with offices in the UK, Israel and Sweden, has closed its EVP II fund on target at €105m.
The Pittsburgh-based financial services giant’s announcement of its third and final close on its $56.4m fund comes a month after Mellon’s venture arm announced it would cease making new investments.