UK-based start-ups raised $18B VC funding Jan-Jul 2022, finds GlobalData
Apart from being the top European market, the UK is also among the top five markets for global venture capital (VC) funding activity, found GlobalData. According to the data and analytics company, a total of 1,083 VC funding deals were announced in the UK during January-July 2022 while the disclosed funding value of these deals […]
RiverGlade Capital closes $453m Healthcare Fund II
RiverGlade Capital (RiverGlade), a healthcare-focused private equity firm, has closed its latest fund, RiverGlade Capital Fund II (Fund II), which was over-subscribed and exceeded both its target size and initial cap with $453 million of total capital commitments. RiverGlade’s founders have invested in healthcare services together for over 20 years and will continue to remain […]
Ampersand closes oversubscribed fund at $1.2 Billion hard cap
Ampersand Capital Partners is pleased to announce the closing of the firm’s latest fund, Ampersand 2022 (“AMP-22”) Limited Partnership, with $1.2 billion in limited partner commitments. This fund, which is Ampersand’s eleventh primary fund since 1992, was significantly oversubscribed and held a single close less than three months after launch. Ampersand secured commitments from a diversified and […]
Rothschild’s buyout fund tests appetite for $1.5B software firm A2Mac1
Rothschild’s private equity arm is sounding out prospective bidders to launch the sale of a majority stake in French automotive software firm A2Mac1, a deal valued at up to $1.5bn. Five Arrows Principal Investments (FAPI) – which is owned by Rothschild and manages $2.85bn of capital focused on mid-market investments in Western Europe – is […]
Mubadala-Backed UAE firm sets up $10 Billion fund for tech deals
Abu Dhabi-based artificial intelligence firm G42, backed by a key member of the oil-rich emirate’s ruling family, is setting up a $10 billion fund with a focus on technology investments in emerging markets. The move comes as Abu Dhabi — a city that’s among the few globally to manage over $1 trillion in sovereign wealth […]
Thompson Street Capital Partners closes sixth PE fund at over $1.5B in commitments
Thompson Street Capital Partners (TSCP) has closed its sixth committed capital investment fund, Thompson Street Capital Partners VI LP (TSCP VI) with total commitments in excess of the fund’s $1.5 billion target. Commitments to TSCP VI came from a well-respected and diverse group of new and existing global limited partners, including leading public, corporate and […]
Arsenal Capital raises $5.4B for two new funds
Arsenal Capital Partners, a leading private equity firm that specializes in investments in industrial growth and healthcare companies, announced today that it has completed fundraising for two new funds, totaling $5.4bn in capital commitments. Arsenal Capital Partners VI closed with $4.3bn in capital commitments, well exceeding its $3bn target of limited partner commitments and well […]
EagleTree Capital eyes up to $2.1B for new flagship fund, reaches first close
Eagletree Capital is reportedly eyeing up to a $2.1bn hard cap for its sixth flagship buyout fund, almost double the total it raised for its last vehicle in the series. The firm has set a $1.6bn target for EagleTree Partners VI according to an SEC filing for the fundraise, almost 50% larger than the $1.1bn […]
abrdn confirms plans to merge or close 100 funds
abrdn is merging or shuttering 100 funds in a move to save on costs, the Scottish investment house confirmed to Investment Week, as AUM at its asset management arm declined 17% in the first half of 2022. A spokesperson said: “We have now reviewed around 550 funds and concluded that 20% with an AUM of […]
Innova Capital holds first close of seventh fund at €220m
Innova Capital has raised over €220m for the first close of its latest fund – Innova/7 – achieving 60 per cent of the fund’s €350m target in just 10 months. The vast majority of the capital was committed by existing investors (LPs) of prior funds. As in the past, Innova will focus on making control […]
