Private equity firm DCP Capital, whose backers include Ping An Insurance and Mengniu Dairy, has held the first closing of its second China fund at $2.5 billion, according to a report by Deal Street Asia. CP Capital Partners II, which has a total target of $3 billion, DCP Capital Partners

Victory Park Capital (VPC), a global alternative investment firm specialising in private credit, has held the final close for Asset Backed Opportunistic Credit strategy. The fund is oversubscribed at $2.4 billion of committed and investable capital, including separately managed accounts investing alongside the fund. The strategy seeks to provide customised

Paladin Capital Group has held the close of the Paladin Cyber Fund II at $372 million, exceeding its initial target of $250 million. Paladin’s Cyber Fund II is a multi-stage fund focusing on cybersecurity startups that bring innovative technologies to the market.  Greenstone Equity Partners, one of the largest licensed

McWin has launched the McWin Food Tech Fund, a €250 million strategy that will focus on investing in the agtech industry, with a specific focus on the whole food value chain, according to a report by Agri Investor. The new fund will invest in 15-20 companies using capital commitments secured

European life science venture capital firm Forbion has held the first close of the Growth Opp Fund II – which will invest in late-stage European life sciences funds – at €470 million, according to a report by AltAssets. The firm is targeting €500 million in total capital commitments for the

Carey Olsen and Oakbridge Fund Services (Oakbridge) have supported the Singapore regulated manager Play Ventures on the launch of the Play Future Fund Limited (the Fund). The fund invests in global early-stage pre-seed, seed, Series A and blockchain and metaverse gaming companies and tokens. It was established as a Jersey

Sky is anchoring a new £100 million ‘operator-first’ venture capital fund powered by Founders Factory that will champion early-stage entrepreneurs launching planet positive technologies. Hoping to plug the funding gap that exists for seed stage climate startups, Planet Fund offers entrepreneurs Founders Factory’s robust approach to company building with high-conviction

ISF (Israel Secondary Fund) has raised $312 million for its third fund focussed on investments in the Israeli agh-tern market. In 2017, ISF raised its second fund of $100 million and currently manages over half a billion dollars focused on secondary transactions in the Israeli technology market. Several of Israel’s

Bain Capital’s special situations fund for the Asia-Pacific region has closed with capital commitments of $2 billion, in excess of its $1.5 billion target, according to a report by Private Equity Insights. The fund, Bain’s second Asia-focused strategy, will invest in a range of asset types but will have a

Wavemaker Three-Sixty Health (Wavemaker 360), a venture fund focused on early-stage (primarily seed) healthcare disruptors and innovators, has closed its Fund II at $64 million, surpassing its first fund nearly four times over. Fund II’s Limited Partners (LPs) include hundreds of healthcare organisations and prominent healthcare executives across the United