Kirkland & Ellis has advised Australian private equity firm BGH Capital on the successful closing of its second vintage flagship private equity fund, BGH Capital Fund II, at approximately AUSD3.6 billion, making it the largest-ever private equity vehicle raised for deployment in Australia and New Zealand. The fund was oversubscribed

Atlas Venture, an early stage venture capital firm investing in biotech innovation, has closed its thirteenth fund, raising USD450 million in an oversubscribed fundraise. With Fund XIII, Atlas Venture will continue working alongside talented entrepreneurs to create and invest in a new set of biotech companies aimed at delivering impactful

NatWest Trustee and Depositary Services has been appointed as the depositary for Beechbrook Capital’s latest fund in its UK SME strategy, Beechbrook UK SME Credit III LP. Beechbrook Capital is a specialist direct lender which focuses on investments in small to medium-sized businesses (SMEs) across a range of industries in

Growth capital investor VGC Partners is launching a GBP10m specialist EIS fund that will invest in early-stage businesses working with the next generation of technology and consumers. The fund will focus on businesses at Series A stage in consumer technology, digital media and gaming. The businesses selected will have proven

PA Capital has held final closes for two of its private equity funds earlier, with its ninth flagship fund, PA Small Company Private Equity Fund IX (Fund IX) closing at USD473 million, above its USD350 million target, and the PA Small Company Co-investment Fund II (Co-invest II) at its USD200

Pictet has added to its private equity offering with a new vintage of the successful Monte Rosa Co-Investment franchise. With a long history investing in private equity dating back to 1989, Pictet has committed capital to over 200 co-investments to date.   This new strategy is for professional investors seeking

Robert Smith Communications Group (RSC) has launched a new fund private equity fund, Platinum Fund, the first since the company appointed two management executives with experience raising capital and going public to their advisory board. RSC is a premier marketing and business growth consultancy founded in 2002. It will target

Piper Sandler Companies has held the final closing of the Piper Heartland Healthcare Crossover Fund USD, with over USD200 million in committed capital. The Fund has already made seven investments deploying approximately USD40 million in capital. The Fund is the first investment vehicle for Piper Heartland Healthcare Capital (Piper Heartland

EQT is to launch EQT Active Core Infrastructure, a longer-hold fund with a focus on downside protection, which applies EQT’s active ownership playbook to core infrastructure companies. The fund will target companies that provide essential services to society and offer a distinct and attractive risk-return proposition based on stable cash

Baronsmead Venture Trust and Baronsmead Second Venture Trust (the Baronsmead VCTs), managed by specialist alternative asset manager Gresham House, have raised a further GBP75 million. As with previous years, this 2022 tax year fundraise closed ahead of schedule and was oversubscribed beyond its initial GBP50 million target, reflecting strong investor