OceanSound Partners (OceanSound), a growth-oriented private equity firm that invests in technology and technology-enabled services has held the final close of its inaugural fund, OceanSound Partners Fund, with USD780 million in total capital commitments. The fund closed substantially above its target of USD550 million.  OceanSound received support from a diverse

Nordic buyout investor Polaris Private Equity (Polaris) has held the first close of Polaris Flexible Capital (PFC) at DKK500 million. The fund has a final total target of DKK1 billion. PFC is a new fund launched by Polaris in 2021 to make investments in subordinated loan capital (junior capital etc.)

The Off Grid Electricity Fund (OGEF), a renewable energy access fund for Haiti supported by the World Bank, has provided a USD230,000 investment in the form of debt financing and catalytic grants to Alina Eneji to pilot mesh-grid technology at scale. Alina Enèji’s is a Haitian company established in 2021

Scottish impact investor, SIS Ventures, is launching a second round of fundraising with the aim of attracting up to GBP5 million to scale up its support for Scotland’s high impact potential early-stage businesses.

Saudi Arabia’s wealth fund to seed venture and private equity firms investing in the country, is backing Turmeric Capital, an investment firm led by former L Catterton Asia head Ravi Thakran, according to a report by Bloomberg.

Alternative assets investment manager Clave has launched a fund with a target size of EUR80 million to invest in early-stage technology transfer projects linked to knowledge-generating centres in the healthcare field.

SuperSeed, a venture capital firm investing in the future of business automation, has held the first closing of its new fund at GBP31 million, targeting a final close of GBP50 million.