Permira Targets Over $15 Billion for New Flagship Fund
Permira is targeting more than $15 billion for a new private equity fund less than two years after raising its last flagship investment vehicle, according to people familiar with the matter. The buyout firm is in the early stages of speaking with investors about the euro-denominated global fund, the people said, asking not to be […]
Carey Olsen and Northern Trust support Pureos Bioventures on debut fund launch
Carey Olsen, together with Northern Trust, have supported venture capital firm Pureos Bioventures on the successful launch and final close of its first fund, BB Pureos Bioventures LP (Pureos), with commitments of USD205 million. Pureos, which exceeded its initial fundraising target after securing support from pharmaceutical and biotech companies, family offices, pension funds, fund-of-funds, a […]
Abingworth raises USD582m for new Clinical Co-Development Fund, ACCD 2
Abingworth, an international life sciences investment group, has held the final closing of its new Clinical Co-Development Fund at USD582 million. Abingworth Clinical Co-Development Fund 2 (ACCD 2) was significantly oversubscribed, exceeding its target of USD350 million, and closed at its hard cap. Alongside the recent USD465 million Abingworth Bioventures 8 (ABV 8) fund, Abingworth […]
CAPZA raises record EUR700m in the final closing of its CAPZA 5 Flex Equity Fund
CAPZA, a leading private investment firm specialising in small and medium-sized enterprises (SMEs), has held the final closing of its CAPZA 5 Flex Equity Fund, reaching its revised hard cap at EUR700 million, doubling the final size of the previous Fund (EUR350 million). This success confirms investors’ interest in a flexible and agile investment strategy […]
Emergence raises almost $1bn for first funds
Enterprise tech-focused investor Emergence has hauled in almost $1bn across two new funds, almost doubling its capital under management. The firm has closed its latest flagship fund, Emergence Capital Partners VI, on $575m, three years after raising $435m for its predecessor. It has also closed Emergence Capital Opportunity I on $375m to seal the firm’s first fund […]
Park Square Capital raises EUR2.2bn for fourth subordinated debt fund
Park Square Capital (Park Square) has held the final closing of its fourth subordinated debt fund, resulting in total investable capital of EUR2.2 billion. Park Square Capital Partners IV and related vehicles (PSCP IV) raised EUR1.8 billion of equity commitments, exceeding its target of EUR1.5 billion. Including committed leverage, the strategy’s total investable capital is […]
ESG-focused Blisce Fund II holds first close
Blisce, a B Corp certified transatlantic growth VC fund that has previously backed ventures including Spotify, Pinterest and Headspace, has launched the new fund Blisce Fund II, with a final target of USD350 million. Blisce Fund II, which held its first close today at USD150 million, will make investments ranging from USD10 million to USD35 […]
Avatar startup Genies scores $65 million in funding round led by Mary Meeker’s Bond
Over the past several years I’ve covered my fair share of upstart avatar companies that were all chasing the same dream — building out a customizable platform for a digital persona that gained wide adoption across games and digital spaces. Few of those startups I’ve covered in the past are still around. But by netting […]
Park Square Capital raises EUR2.2bn for fourth subordinated debt fund
Park Square Capital (Park Square) has held the final closing of its fourth subordinated debt fund, resulting in total investable capital of EUR2.2 billion. Park Square Capital Partners IV and related vehicles (PSCP IV) raised EUR1.8 billion of equity commitments, exceeding its target of EUR1.5 billion. Including committed leverage, the strategy’s total investable capital is […]
Flexstone Partners’ Global Opportunities IV offering raises USD322m at second close
Flexstone Partners’ Global Opportunities IV, has attracted USD322 million of commitments after a first close in November 2020 and has already completed three investments. With a focused investment strategy – providing increased exposure to high conviction managers in their core areas of expertise – Global Opportunities IV will follow the same strategy and selection processes […]
