NextEnergy Capital, a global solar specialist in the renewables sector, has held the first close of its fifth investment vehicle NextPower V ESG, which is targeting capital commitments of $1.5 billion with a $2 billion hard cap, at $480 million.

Mercuri, (formerly GMG Ventures), an early stage media technology investor, has raised £50 million from institutional investors, including a cornerstone investment from the British Business Bank, through its Enterprise Capital Funds programme, for its second fund.  

Fidelio Capital has closed its third flagship fund (Fidelio III), with total capital commitments in excess of the fund’s €1 billion target, more than triple the size of its predecessor fund, Fidelio II, which closed in 2018. 

Buyout funds continued to display resilient performance during a turbulent Q1 of 2023, according to research by Neuberger Berman, with small and mid-cap buyout funds, the largest asset class in the sample, up approximately 3% on average over the quarter. 

IQ Capital, a London-based deep tech venture capital firm, continues to strengthen its senior team with the promotion of two new partners – Archie Muirhead and Alex Wilson, who join existing general partners Kerry Baldwin, Max Bautin, Simon Hirtzel and Ed Stacey.  

Chrysalix Venture Capital has held the first close of its fifth fund, the Carbon Neutrality Fund, which will invest in early-stage companies developing technologies to enable carbon neutrality for industries such as energy, mining, transport, chemicals, building materials like steel and cement, and forestry. 

Stone-Goff Partners, a growth-oriented private equity firm focused on tech-driven B2B service companies, has held the final closing of Stone-Goff Partners IV at $175 million, having secured significant increases in commitments from existing investors as well new institutional investors.