Pictet Alternative Advisors (PAA) has held the final close of Monte Rosa V, the fifth fund in a series of diversified, multi-manager private equity funds, at at USD 1.164 billion.
Manila-based private equity firm Navegar has held a final close of its second fund at USD197 million, above the fund’s USD150 million target.
ESG investing continues to gain momentum and prominence among global institutional investors as they increasingly look to benchmark not only the performance of funds in their portfolios but the impact they have on the world.
Elysian Capital has held a first close of its third fund, having raised 90 per cent of the fund’s target of GBP 300 million in three months, since officially launching the fund.
Andera Partners has completed the single closing of its ActoMezz IV sponsorless mezzanine fund, exceeding its initial hard cap of EUR500 million.
Forge Global has expanded it's presence on Hong Kong to provide regional professional investors with access to shares of high-growth private technology companies, a large market comprising more than 473 unicorns worldwide with a combined market value of USD1.4 trillion.
BNP Paribas Asset Management (BNPP AM) has held a close of the BNP Paribas Euro SME Debt Fund II (‘Fund II’) with total capital commitments of EUR576.5 million.
Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
Italian investment banking and asset management group Mediobanca is launching a new private markets fund aimed at Italian private clients, aiming to offer a diversified strategy that will seek to exploit opportunities arising from the economic and financial dislocations caused by Covid-19.
Sherpa Capital, an Iberian private equity manager specialising in medium-sized companies, has reached a final close of EUR120 million for its new fund Sherpa Special Situations III, the fourth of the firm after the special situation vehicles Sherpa Capital I and II, and the Sherpa Capital Private Equity fund, which acquires stakes in profitable and growing companies.