Fundraising

New Venture Partners, established through secondaries specialist Coller Capital’s MBO of Lucent’s New Ventures Group in 2001, has closed its fourth fund.

Netherlands-headquartered private equity firm Gilde and ABN AMRO Capital have sold their interests in Hebu, a Dutch hydraulic systems company, to Halder, a subsidiary of listed Belgian investor GIMV.

Vietnam-focused Mekong Capital has closed a new private equity fund at $50 million, drawing more interest from private investors than it did with its maiden fund.

Benson Elliot Capital Partners, the new private equity real estate vehicle of former Doughty Hanson property chief Marc Mogull, has launched in London with €264m of commitments to its first fund.

European mezzanine provider Intermediate Capital Group also put a record amount of capital to work in the fourteen months to 2005, arranging or providing £899m of debt financing.

Helsinki Stock Exchange-listed investor CapMan has sold its 30 percent interest in listed information systems provider Sentera generating proceeds of €12.8m.

The two firms have led an investor group in an agreement to recapitalise publicly traded outsourced services provider West Corporation.

Avista Capital Partners has committed $50 million to London-based Celtique Energie Limited to develop and explore onshore basins in Europe and Africa.

The Durham, North Carolina firm will continue to make early-stage investments in the life sciences and IT sectors.

Dunedin Enterprise Investment Trust, a quoted investment trust vehicle of Dunedin Capital Partners, has committed £75m to the firm’s second buyout fund.