Nordic Capital Fund VIII closes with EUR 3.5 billion in committed capital

20 December, 2013

Nordic Capital announces the close of Nordic Capital Fund VIII (“the Fund“) at its hard cap of EUR 3.5 billion (USD 4.8 billion). Investor demand exceeded the Fund target by nearly 30%. The new Fund will build on the well proven strategy executed by Nordic Capital’s prior seven funds, investing in mid-market companies with strong[...]

Hollyport Secondary Opportunities IV £75m Final Close

19 December, 2013 London

Hollyport Capital is pleased to announce the final close of its fourth fund, Hollyport Secondary Opportunities IV (“Hollyport IV”).  Hollyport IV was launched in February with an initial target of £50m, and has now closed at its hard cap of £75m. John Carter, Chief Executive of Hollyport Capital, commented: “We are delighted to have achieved[...]

Neuberger Berman raises $2 billion for Third Global Private Equity Secondary Fund

11 November, 2013 New York

Neuberger Berman Group LLC, one of the world’s leading employee-controlled money managers, is pleased to announce the final close of NB Secondary Opportunities Fund III LP (“SOF III”), Neuberger Berman’s third global private equity secondary fund. SOF III closed at $2 billion, surpassing its target of $1.6 billion. SOF III is the successor to NB[...]

Northleaf Secondary Partners surpasses fundraising target

6 November, 2013 Toronto

Northleaf Capital Partners (“Northleaf”), Canada’s largest independent global private markets fund manager and advisor, is pleased to announce that its specialist private equity secondaries fund, Northleaf Secondary Partners (the “Fund”), has closed on US$206 million, surpassing its initial $200 million target. Leveraging Northleaf’s long-standing global private equity program and the strong 10-year track record that[...]

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[...]

Graphite Capital raises £475m for UK mid-market fund

25 September, 2013 London, UK

Graphite Capital, the leading UK mid-market private equity specialist, has closed its eighth fund, Graphite Capital Partners VIII, with commitments of £475 million. Further commitments are likely to come in over the next few weeks bringing the total to over £500 million. Despite the extremely challenging fund-raising environment, Graphite was able to reach its target[...]

MOPE raises $155 million for the second fund

15 September, 2013 Mumbai, India

India Business Excellence Fund-II (“IBEF-II”), growth capital funds managed and/or advised by Motilal Oswal Private Equity Advisors Private Limited (“MOPE”) has announced final closing at US$155 mn (1 US$=Rs 65; Rs 10 bn). This closing is at its hard cap range in rupee terms and the money has been raised from a combination of international[...]