The Tchenguiz family, along with three international development funds are the cornerstone investors in The Evolution One Fund, which has raised 40 percent of its targeted R1bn total.
The global mid-market buyout group has upped its investments in buyout and infrastructure deals, despite a roughly 40 percent fall in the total value of its investments over the past five months. The firm’s realisations also slowed significantly.
The Dallas, Texas-based firm’s third fund surpassed its $600m target after six months of fundraising.
The asset management arm of Dutch banking group Rabobank is raising its second fund of funds dedicated to responsible investing and outperforming ‘mainstream private equity’.
Development financing for two Andalucían photovoltaic plants brings to three the number of Spanish solar portfolio companies held by the renewable energy investments specialist. The debt financings were made from the firm's second fund dedicated to continental Europe.
The London- and Paris-based secondaries shop has closed its latest fund and is looking forward to the ‘attractive opportunity’ for the secondaries market caused by credit market dislocation.
The Central and Eastern Europe-focused private equity firm has raised €100m from investors including the George Kaiser Family Foundation for tech investments in Poland and other countries in the region.
Led by former Abraaj managing director and co-founder Shirish Saraf, the nascent Samena Capital intends to hold a $350m final close on its regional special situations fund by the end of next month and has separately set aside $50m to buy stakes in other Asian asset managers.
Having completed the buyout of an €80m offshore marine parts supplier for its first fund, the Danish lower mid-market firm has widened its investor base for its second fund and already surpassed its €200m target.
The UK software-focused venture firm has closed its second fund on nearly double its £25m target after 10 months in the market.
The global buyout group is having a week of firsts, having closed what it says is the first industrially-focused, mid-market Japanese private equity fund raised by an international firm just a day after making its maiden investment in the Dominican Republic.
The Dubai Government-backed investment firm’s emerging markets arm has purchased a 45 percent stake in KEF, the Middle East’s first fully automated steel castings foundry.
Amid tough fundraising conditions for first-time funds, the CVC and Permira spin-out fell shy of its £250m target but rounded up commitments from big fund of funds players including Pantheon and OXIP.
SVG Asia’s first fund of funds has already made commitments to managers including CVC, Navis, Affinity and Actis. Its investment activities will be headed by former Hermes Private Equity executive Khim Tan.
The mega-buyout firm has also closed its distressed financial services fund with roughly $6bn in commitments, and rounded up roughly $4bn for the final close of its Asian fund.