Investment firm, Certares Management, dedicated to the travel, tourism and hospitality industries, is looking to raise between USD5 billion and USD6 billion for a new PE fund, Certares Holdings II LP, according to a report by Bloomberg. The New York-based firm may hold a first for close the fund as

Future Planet Capital, an international venture capital and impact investor, has closed a new EUR20 million Blue Ocean mandate aimed at tackling key issues affecting the world’s oceans. The mandate, which Barclays Private Bank helped implement, will be partnered with the Prince Albert II of Monaco Foundation and the Monaco

Earth Venture Capital (EVC) a global venture capital investor investor focused on digital solutions to tackle climate change has successfully closed its first fund. The fund is building a pipeline of early-stage startups which align with its investment strategy, on a global scale. The average ticket size ranges between USD500,000

Advent International is on course to finish fundraising for its 10th flagship buyout fund at USD23 billion next month, according to a report by BuyoutsInsider. A report by Massachusetts Pension Reserves Investment Management, which is committing USD350 millions cited as the source of the information, while the Wall Street Journal

NIO Capital, a Chinese investment firm focused on decarbonisation and digitalisation, has held the successful final closing of NIO Capital’s flagship fund, Eve ONE Fund II at approximately USD400 million. The fund was oversubscribed and quickly surpassed its original target fund size and hard cap. Notably, this Fund has nearly

Frontenac, a Chicago-based private equity firm, has closed its 12th fund, consisting of USD520 million of limited partner commitments. The fundraise for Frontenac XII was significantly oversubscribed, exceeding its target of USD425 million based on strong support from existing limited partners and the addition of several new investors including endowments,

A new venture capital fund which will invest in startup companies is developing tech that could be used in the automotive/mobility industries, has been launched by car maker Stellantis, according to a report by Reuters. The company has allocated an initial EUR300 million for investment by Stellantis ventures in both

Neuberger Berman is creating a ‘next generation’ SPAC platform having closed its latest fund – the Neuberger Berman Opportunistic Capital Solutions Fund – with USD1.95 billion in capital commitments following a private investment from CC Capital, according to a report by AlternativesWatch. Neuberger Berman and CC Capital are to co-sponsor

NIO Capital, a Chinese investment firm focused on decarbonisation and digitalisation, has closed its flagship fund, Eve ONE Fund II at approximately USD400 million. The fund was oversubscribed and quickly surpassed its original target fund size and hard cap. Notably, this Fund has nearly doubled the capital commitments of its