Fundraising

European Venture Partners (EVP), a venture leasing specialist with offices in the UK, Israel and Sweden, has closed its EVP II fund on target at €105m.

The Pittsburgh-based financial services giant’s announcement of its third and final close on its $56.4m fund comes a month after Mellon’s venture arm announced it would cease making new investments.

New York private equity firm Palladium Equity has garnered its largest commitment from Spanish bank Banco Bilbao Vizcaya Argentaria, will invest in US companies linked to the Hispanic community.

Proof of a still burgeoning secondaries market comes with Greenpark Capital’s announcement of the final close of its €350m second fund.

The Swedish private equity firm has announced the first and final close of its third mid-market fund dedicated to the Nordic region.

The Wellesley, Massachusetts-based venture capital firm’s new $450m vehicle will look to continue IT investments and expand into China and India.

Bregal Investments, the investment vehicle for the Brenninkmeijer family fortune, has appointed Jan Faber as head of its new London office, on top of two other hires.

San Jose, California venture debt lender Western Technology Investment has launched its 11th fund, with the vehicle’s lower size echoing the state of the venture equity markets.

The San Francisco venture investor’s sixth fund will focus on both high technology and life sciences investments.

A group of executives from CSFB’s private equity arm have set up Diamond Castle Holdings and are seeking to raise between $1bn and $1.5 bn.