Fundraising

French mezzanine investor Euromezzanine Conseil has held a final closing of its fifth vehicle on €660m.

The Scottish investor has raised £120m for its third venture capital fund, although no final target size has yet been decided.

The Silicon Valley venture capital firm has raised $255m for its third fund, almost half the capital committed to its predecessor vehicle.

Investors in the Middle East are looking to strengthen ties with Asia and capitalise on the region’s growth – through both MENA- and Asia-based private equity funds. Judy Kuan reports.

The global private equity firm has made its second commitment as a limited partner this year, investing $15m in Dubai-based Ithmar Capital’s second fund.

The Nordic-focused private equity firm has closed its fifth fund on €175 million, more than twice the size of its previous vehicle.

The Longreach Group, based in Hong Kong and Japan, has closed two debut Japan-focused funds on an aggregated hard cap of $750m.

The Boston-headquartered buyout firm has raised $8bn for Bain Capital IX, with a further $2bn allocated to a co-investment vehicle for larger transactions.

The Omaha, Nebraska-based firm, expecting increased demand for natural gas, will take a 50 percent ownership in a company building a gas storage facility.

Goldman Sachs JBWere and Quadrant Private Equity, two private equity firms active in Australia and New Zealand, are co-investing in the buyout of adventure equipment maker Kathmandu Group.