Alpinvest, CalPERS and the EBRD are among the institutions that have signed up for Enterprise Investors’ fifth and largest fund to date.
The German mid-market private equity firm has held a first closing of its second fund with commitments of €74m, secured from new and returning financial institutions.
Sorenson Capital, based in Salt Lake City, will invest in small- to mid-sized companies in the Western US with the help of a former American football star.
Vintage Venture Partners, a private equity secondaries investor focused on Israel, has completed the final closing of its debut fund with $64m of commitments.
AXA Private Equity’s secondary unit has achieved its fundraising target for its Fund of Funds II, which has closed on €250m.
Argantis, a new fund aiming to take advantage of opportunities in Germany’s Mittelstand, has announced a first closing of €100 million.
The firm has received backing from 15 institutions at the final close of its oil & gas focused fund, including a E25m commitment from Société Générale Asset Management.
Intermediate Capital Group has closed its Eurocredit CDO III fund on E250m, despite what it described as ‘very tough’ fundraising conditions.
Terms in the partnership agreement governing Permira’s E5.1bn Europe III fund reflect private equity investors’ requirements to publicly disclose details of their participation in the asset class.
Nineteen Finnish institutions have committed to the fund, which will invest in management buyouts across the Nordic region.