Creolus has launched the Creolus fund, which is focused on bioplastics innovation. Creolus says it will be world’s first fund with a specific focus on investing in materials and processes to repurpose, redesign and recycle fossil-fuel-derived plastics and across the entire bioplastics value-chain.  The team aims to deploy EUR60 million (GBP50m)

High Street Capital has closed its fifth fund, High Street Capital Fund V SBIC, with USD165 million of committed capital. The fund will follow the same operations-led strategy which has allowed the firm to generate strong returns for its investors over the last 21 years. Joe Katcha, Co-Founder and Investing Principal,

Seedcamp has held the final close of its fourth fund at GBP60 million, in a heavily oversubscribed round that includes GBP2 million of investment from Seedcamp founders and mentors through a new partnership with equity crowdfunding platform, Seedrs. The announcement comes six months after the first close of Fund IV

Ropes & Gray has advised Nordic Capital, a private equity investor in the Nordic region, on the successful closing of its ninth fund. The oversubscribed fund, which raised EUR4.3 billion, exceeded its EUR3.5 billion target by 23 per cent in seven months. The fundraising – Fund IX – enjoyed a

Inflexion Private Equity Partners (Inflexion) has held the final close of Inflexion Buyout Fund V (Buyout Fund V) and Inflexion Partnership Capital Fund II (Partnership Capital Fund II), securing commitments of GBP1.25 billion and GBP1 billion respectively. Both Funds were oversubscribed and closed at their respective hard caps within just

Venture capital firm Hambro Perks, run by Rupert Hambro and former investment banker Dominic Perks, has opened its doors to retail investors for the first time. The firm is now launching an EIS fund, administered by Mainspring, which will allow retail investors to make tax-efficient investments alongside the Hambro Perks

Mourant Ozannes has represented BGH Capital (BGH) as to Guernsey law in the raising of its first private equity fund with a focus on investment in Australia and New Zealand. The fund, which held its final closing with commitments at around AUD2.6 billion (approximately USD2 billion), is the largest ever

Private investment house Ardian has raised more than USD800 million for its first infrastructure fund dedicated to the US and other OECD American countries. The fund marks Ardian’s continued expansion into the American market. The fundraising, which was completed in less than six months, attracted a substantial number of North

Hermes Investment Management (Hermes), the GBP33.0 billion manager, has launched the Hermes European Direct Lending Fund, which is managed by Patrick Marshall, Head of Private Debt & CLOs. The European Fund follows the successful launch of the UK Direct Lending Fund in 2016.   The Fund offers access to the