Private equity groups launch education philanthropy fund
Investors will share their gains with charities Advent International, Bain Capital, Cinven, Hg Capital, Nautic Partners and Permira are among those partnering with Greater Share, a newly launched UK charity created to generate at least $300mn for long-term grants, in an innovative financial initiative that blends profits with philanthropy. Individual investors will gain access to […]
Convergence Partners holds first close of third Digital Infrastructure fund to drive digital inclusion in Africa
Convergence Partners, a private equity investor focused on the technology sector across sub-Saharan Africa, has held the first close of its third fund, the Convergence Partners Digital Infrastructure Fund (CPDIF) at $120 million. The fund is targeting a final size of $250 million. Now with more than $400 million of capital under management, Convergence Partners […]
Eurazeo raises more than €1.6bn for European tech company growth strategy
Eurazeo has exceeded its initial fundraising target for its growth strategy dedicated to equity investments in European tech companies. Total funding raised is more than €1.6 billion, of which €320 million from the Eurazeo Group and €200 million from retail clients. These successful transactions reflect the quality of Eurazeo’s team, the performance of its portfolio […]
Five Elms closes $780m Growth Equity Fund V
Five Elms Capital, a global growth private equity firm focused on investing in B2B software, has closed Five Elms V with $780 million in capital commitments. Five Elms V will target equity investments between $5 – $75 million. The new fund received strong support from a diverse global base of new and existing institutional investors, […]
Baird Capital closes second global fund at over $340m
Baird Capital, the global private equity and venture capital arm of Baird, has held the final close for its second Global Fund (Global Fund II) with over $340 million in committed capital. The fund makes buyout and growth equity investments of $15 million to $40 million in Technology & Services and Industrial Technology & Solutions […]
Q-Energy closes fourth renewable energy fund at €1.1 billion
Q-Energy, a global investment and management company in renewable energy, has held the final closing of its fourth fund, Q-Energy IV, with an investment capacity of EUR1.1 billion in equity, which will allow the manager to mobilise more than €5 billion into the sector including debt. Q-Energy launched its fourth fund in May 2020, and […]
New global impact investment firm TwinRiver Capital launches in Toronto and Boston
TwinRiver is focused on serving a new generation of private, public and philanthropic investors looking to make a positive difference with their capital. The TwinRiver platform will provide those investors with opportunities to achieve tangible social and environmental impacts alongside financial returns – the “twin rivers” of a future financial system. The launch of TwinRiver […]
Eka Ventures becomes UK’s largest impact-driven early stage VC fund following £68m closing
Eka Ventures has held a final close on a £P68 million ($95 million) fund, making it the largest impact-driven early stage venture capital fund focused on the UK. Investors in the fund include British Business Bank, BSC, Isomer, Guys and St Thomas Foundation, Planet First Partners, Draper Esprit, Snowball and others, including 24 entrepreneurs, 12 […]
OTB Ventures launches new $60m fund to back European businesses
OTB Ventures, a venture capital firm investing in early-stage technology businesses with R&D in Central and Eastern Europe (CEE) and global potential, has launched the new OTB Growth Fund I. The fund, totalling USD60 million, provides OTB Ventures with the capabilities to support its successful portfolio companies with additional follow-on investments as they scale-up to […]
Aztec Group supports FSN Capital on €1.8bn fund launch
Independent fund and corporate services provider, the Aztec Group, has supported northern European private equity investment firm FSN Capital on the launch of its latest mid-market fund, FSN Capital VI (Fund VI). Fund VI was oversubscribed, closing above its original hard cap with commitments of €1.8 billion. It will continue FSN Capital’s investment strategy of […]
