Infrastructure and private equity investment manager Foresight Group has held an interim close for Foresight Energy Infrastructure Partners (FEIP) with commitments of cEUR430 million.
Launches & Fundraising
Novo Ventures, the ventures arm of Novo Holdings, has participated in the oversubscribed fourth BioGeneration Ventures (BGV) fund, BGV IV, which has closed at EUR140 million (USD170 million).
Healthcare services private equity firm Revelstoke Capital Partners (Revelstoke) has completed fundraising for Revelstoke Single Asset Fund II, (RSAF II), with USD111 million of commitments.
Queen’s Park Equity (QPE) has held final close of its debut fund, Queen’s Park Equity Partners I, LP. The Fund was oversubscribed and closed at its hard cap of GBP185 million of third-party institutional commitments, exceeding the GBP150 million target.
Nordea Asset Management has reached the EUR150 million target for its first secondary-investments focused fund, Nordea Private Equity Secondary Fund I, ahead of its final close on 12 January 2021.
Gridiron Capital, an investment firm focused on partnering with founders, entrepreneurs, and management teams, has closed Gridiron Capital Fund IV and its affiliated Funds at its hard cap of USD1.35 billion.
Allianz Global Investors has held the second close of the European Private Credit II (EPC II), having raised EUR290 million of commitments in 2020.
Amundi Private Equity Funds (Amundi PEF), a wholly-owned subsidiary of Amundi, has launched a new Diversified Infrastructure Strategy.
IQ-EQ has supported Belfast-based Cordovan Capital Management with its first institutional fund.
Periscope Equity (Periscope), a Chicago-based private equity firm focused on investing in technology-enabled services and software companies, has held the final closing of its second institutional fund, Periscope Equity II, with USD225 million of capital commitments.