Polaris Partners has held the first and final close for Polaris Growth Fund I, with USD175 million to continue the firm’s successful track record of investing in profitable technology companies, including software, Internet and technology-enabled services companies. Polaris Partners closes first-ever Growth fund with USD175 million to continue track-record of

Two months after acquiring FIM Services Limited (FIM), an alternative fund manager specialising in UK-based sustainable forestry and renewable energy investments, Gresham House is expanding FIM Solar Distribution, with the opening subscription for its new “D” Partnership Shares subject to a minimum investment of GBP95,040. The closing date for this

Green Acre Capital (GAC) has launched the Green Acre Capital Fund II which is exclusively dedicated to making investments in the cannabis industry.  This is the second cannabis fund in the GAC umbrella which follows Green Acre Capital Fund I, a USD25m fund with a focus on ancillary Canadian opportunities

Big Data and Enterprise Intelligence scale-up Quantexa has secured USD20 million (GBP15.2 million) in Series B funding. The round is led by Dawn Capital, Europe’s largest B2B technology venture fund focussing on SaaS and FinTech, with return backers HSBC and Albion Capital also participating. The new funding will be used to further develop Quantexa’s unique technology and support its international expansion.   Quantexa

Ropes & Gray has served as lead counsel to Index Ventures on its recently announced USD1.65 billion fundraise across two funds to back entrepreneurs with global ambitions: Index Ventures IX and Index Ventures Growth IV. Completed in just two months from launch, Index Ventures IX closed with USD650 million in

Periscope Equity (Periscope), a Chicago-based private equity firm, has completed the final closing of its first institutional fund. Periscope Equity I exceeded its target closing with more than USD104 million of committed capital. Periscope received fund commitments from a distinguished group of limited partners, including endowments, pension funds, charitable foundations,

ICV Partners (ICV), an investment firm focused on lower middle market companies, has successfully completed the final closing for ICV Partners IV (Fund IV) with USD585 million of committed capital. ICV currently manages usd1.3 billion of AUM.   ICV’s Fund IV meaningfully exceeded the firm’s target and represents an approximately

UK private equity investor Graphite Capital, has completed the fundraising for its ninth fund, Graphite Capital Partners IX, securing capital commitments of over GBP470 million, slightly more than the GBP450m raised for its previous fund. Graphite was able to reach its target quickly, with existing investors providing 75 per cent

Ogier has acted as Jersey legal adviser for Index Ventures on the establishment of Index Ventures Growth IV, which has raised USD1 billion to invest in later-stage, growth rounds, and Index Ventures IX, which recently closed at EUR650 million to put into earlier rounds for smaller start-up companies.  This latest

SHS Gesellschaft für Beteiligungsmanagement has held the first closing of its fifth fund with capital commitments of over EUR90 million. The Tuebingen-based medical technology investor has now reached almost two thirds of the fund’s EUR150 million target.   The fifth generation of SHS funds will focus on the life sciences