GGV Capital closes Fourth Fund at $625 million

21 August, 2012 Menlo Park (Claifornia) and Shanghai

GGV Capital, a top venture capital firm focused on the US and China, today announced that it has raised $625 million for its fourth venture capital fund. The fund is comprised of US$520 million and RMB 650 million (the Chinese currency equivalent of approximately US$105 million). GGV’s Fund IV exceeds the size of the firm’s $610 million Fund III, which was raised in 2007. Total capital under management is now more than $1.6 billion.

Catalyst closes Third Fund at $213 million

14 August, 2012 New York

The firm had to ‘re-invent’ its LP base after many of its existing financial institution LPs skipped out on the third offering because of regulatory restrictions. Private Equity International – Private equity fundraising is a tough prospect in today’s environment, so try having to re-invent most of your limited partner base.

Inflexion closes Co-Investment Fund at £100 million

31 July, 2012

Inflexion Private Equity today announces the single closing of its 2012 Co-Investment Fund (“the Fund”). Initially targeting £75 million, the Fund reached its hard cap of £100m within six weeks of launching the PPM due to overwhelming support from existing investors. The Fund will co-invest alongside Inflexion’s £375m 2010 Buyout Fund continuing the firm’s successful strategy of investing in UK mid-market buyouts and working in partnership with its portfolio companies to optimise performance.

Coller Capital closes sixth fund ahead of target with commitments of $5.5 billion

19 July, 2012 London

Coller Capital, the leading global investor in private equity secondaries, today announced the final closing of Coller International Partners VI (CIP VI) with commitments of $5.5 billion. CIP VI, which had a target size of $5 billion, will acquire private equity portfolios – positions in existing private equity funds and interests in privately-held companies – thus providing liquidity to the original investors in these assets.

Procuritas announces the final closing of Procuritas Capital Investors V (PCI V) at €200 million.

3 July, 2012 Guernsey

Procuritas Capital Investors V GP Ltd. (PCI V GP) announced the closing of the fifth Procuritas fund – PCI V – at EUR 200 million. The fund is advised by Procuritas AB and Procuritas Partners GmbH. PCI V is backed by a list of existing and new blue chip investors.
PCI V will continue to invest using the same strategy and methodology as the previous Procuritas’ advised funds, i.e., focusing on mid-market investment opportunities in the Nordic market.