Algebris Investments’ first private equity fund, the Algebris Green Transition Fund has closed its first fundraising round with commitments of €200 million. Committed investors include institutional entities in Italy and more widely in Europe. Algebris is targeting a total raise of €400 million over the next twelve months.   The

Hamburg-based family office Lennertz & Co (LCO) has added to its umbrella funds series with the launch of the LCO Venture US II fund. Similar to the preceding funds, investors gain access to the best venture capital fund managers in the US. The investments in the selected target funds are

Shore Capital Partners, a strategic private equity firm focused on microcap investing, has closed its second Food & Beverage fund, Shore Capital Partners Food and Beverage Fund II (F&B Fund II) with $291.75 million in Capital commitments. Shore now manages a total committed capital base of approximately $3 billion.  

BlackPeak Capital has held the final closing of the Southeast Europe Growth Equity Fund at €126 million, surpassing the fund’s original target of €120 million. BlackPeak Southeast Europe Growth Equity Fund is based in Luxembourg and is backed by the European Investment Fund, the EBRD, the IFC, Erste Asset Management,

ARCH Venture Partners has closed ARCH Venture Fund XII with $2.975 billion to invest in the creation, development and funding of early stage biotechnology companies. This new fund follows the January 2021 announcement of the $1.941 Billion ARCH Venture Fund XI. ARCH investments made from Fund XII will reflect the

Foresight Group (Foresight), a listed regional private equity and infrastructure investment manager, has held the first close of the Foresight North East Fund. The Fund is targeting a £60 million raise and has been made possible through funding from Durham County Council’s Pension Fund, from which £18 million has been

4Trans, a fintech specialising in financial products for supply chain and logistics companies, has secured €18 million in investment from backers including Atmos, Tera Ventures, and Lighthouse. Impact investment fund management firm based in the UK, Advance Global Capital has also extended a revolving credit facility to the firm. 4Trans

Rotunda Capital Partners (Rotunda) has closed Rotunda Capital Partners Fund III with $405 million in total capital commitments. The Fund was oversubscribed above its initial target of $295 million.  Fund III received capital commitments from a diverse set of investors, including public pensions, corporate pensions, insurance companies, healthcare companies, multi-manager

Conversion Capital, an early-stage venture firm, has closed its oversubscribed and largest fund to date – the $122 million Fund III backed by institutions, family offices, and over a dozen founders. The new capital will fuel Conversion Capital’s investment into 25-30 pre-seed to Series A fintech companies building software, cloud