EQT Credit II closes at EUR 845 million

28 October, 2013 London

EQT Credit II has successfully completed its fundraising at EUR 845 million, exceeding the fund’s target of EUR 750 million. Interest from both new and existing investors was strong, with over 90% of existing investors committing to the new fund. Approximately 55% of EQT Credit II commitments have been raised from the Nordic region, with[...]

IK Investment Partners announces the closing of the IK VII Fund

23 October, 2013

IK Investment Partners (IK), a leading mid-market private equity firm focused on investing in Northern Continental Europe, is pleased to announce that it has closed its seventh fund, the IK VII Fund, with total commitments of close to EUR 1.4 billion. The IK VII Fund received strong renewed support from existing investors and attracted a[...]

StepStone snaps up Greenpark

10 October, 2013 San Diego; London

San Diego-based StepStone Group has completed its acquisition of London-based secondaries house Greenpark Capital. The deal comes after months of speculation and points to Greenpark’s difficulty in raising its latest fund. It is understood that a number of the Greenpark team will join StepStone, although who or how many will do so has not yet[...]

ESMA clarifies reporting requirements for alternative fund managers

1 October, 2013

The European Securities and Markets Authority (ESMA) has published final guidelines on the reporting obligations for alternative investment fund managers (AIFMs). ESMA’s Guidelines, which relate to the Alternative Investment Fund Managers Directive (AIFMD), will require AIFMs – which includes hedge funds, private equity and real estate funds – to regularly report certain information to national[...]