Fundraising

Amid a sharp increase of activity in the French buyout market, the new fund from the former Charterhouse SA team has raised E300m.

Techno Venture Management has taken its total fundraising beyond the E1bn mark with the E128m final closing of its fifth fund targeting IT investments.

The French mezzanine house has already garnered over E300m for its latest fund.

The Madrid-based venture capital firm is seeking up to E45m for a wireless fund targeting investments primarily in Catalonia.

Darby Asia Investors has completed its first mezzanine financing since acquiring Prudential Asia’s mezzanine fund in April.

This sixth fund aims to deploy much of its $567m of capital in Western Europe and Japan.

With $6.5bn in commitments, the alternative asset manager’s fourth private equity fund has exceeded its initial target by nearly $1.5bn.

The global fund of funds investor has received commitments in excess of E270m for its latest European fund of funds.

The global private equity firm is to cut back its E732m Europe Venture Fund by just over 10 per cent in light of lower valuations and reduced funding levels.

The global venture firm has become the latest early stage investor to release limited partners from part of their commitments.