Fundraising

US private equity firm Veronis Suhler Stevenson is increasing its European presence, both in its portfolio and its investor base. Robert Venes talks to managing director and co-CEO Jeffrey Stevenson.

Mid-market European private equity firm Waterland Private Equity has closed its third vehicle on €400m, more than double the size of its 2004-vintage predecessor.

Royalton Partners II, a $250m target vehicle focusing on South-eastern European companies servicing local markets, is to receive up to €50m from the European Bank for Reconstruction and Development.

The Dallas-based buyout firm’s second fund will focus on small private companies with enterprise values less than $100 million.

Following the recent sale of power station owner Carron Energy, UK private equity firm Rutland Partners has made 3x its money with the flotation of pawnbroker H&T Group.

At its annual meeting, Blackstone told limited partners it wants to raise its fund cap to nearly $15bn, and is studying the possibility of a public vehicle.

The recently listed KKR Private Equity Investors vehicle creates an immediate pool of nearly $2bn for KKR’s 2006 Fund – a major boost to the firm’s ongoing fundraising effort.

London-based private equity firm Montague Private Equity has acquired Denmark-based pipe manufacturer Logstor from an Axcel-led consortium.

The New York-based firm says investors flocked to its third fund to focus on late-stage life science companies.

Paris-based investor Sigefi Private Equity has raised €124m for a new fund focused predominantly on the French SME market.