The global fund of funds investor has received commitments in excess of E270m for its latest European fund of funds.
The global private equity firm is to cut back its E732m Europe Venture Fund by just over 10 per cent in light of lower valuations and reduced funding levels.
The global venture firm has become the latest early stage investor to release limited partners from part of their commitments.
With E765m in equity commitments and a E300m debt facility, the GSC European Mezzanine Fund LP intends to play a lead role in European mezzanine investment.
Dominic Shorthouse, the former Warburg Pincus dealmaker, has launched a E450m mid-market buyout fund.
Edinburgh-based Albany Ventures has received commitments from Scottish Widows, BoS, Alliance Trusts and Martin Currie en route to a £40m final closing.
Star Capital Partners’ low-risk capital outsourcing fund and its co-investing limited partners are targeting transactions worth several billion Euros.
Sigma Technology Group’s VC fund has held a first closing following commitments from BoS and Scottish Widows.
Quester’s latest fund, the Quester Venture Partnership, has raised E115m at first closing.
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