Fly Ventures has closed its debut fund at USD41 million. Uniquely comprised of co-founders from blue chip venture capital and technology backgrounds and a software engineering team of ex-Googlers, Fly Ventures is using AI and machine learning to identify, evaluate and support investment targets. Fly Ventures’ three partners, Stephan Seyboth,

Inventure, a Nordic venture capital firm investing in seed and early-stage technology has completed a first closing of Inventure Fund III at EUR110 million. Already at the first closing, the fund is the largest pure early-stage technology fund ever raised in Finland. The first closing of the fund was led

Warburg Pincus has successfully closed the Warburg Pincus Financial Sector fund with USD2.3 billion in capital commitments. The Fund, which launched in June 2017 with a target of USD1.6 billion, is a companion fund to Warburg Pincus XII, LP, a USD13.4 billion private equity Fund that closed in late 2015.

Egeria has held the first and final closing of the Egeria Private Equity Fund V, having raised EUR800 million in capital commitments in a record time of just six weeks. The fund is the largest private equity fund in Egeria’s twenty-year history.   The capital for Private Equity Fund V

F2i has held the first closing of its third fund with EUR3.14 billion in capital commitments. The amount is expected to increase, in early 2018, to EUR 3.3 billion, the maximum amount allowed under the fund’s own rules. The fund, with a 12 year duration, inherited (through a merger) the

LSP has held the first and final closing at EUR280 million (USD 330 million) of its new medical technology fund, the LSP Health Economics Fund 2 (LSP HEF 2). The fund was oversubscribed and exceeded both its target size and its original ‘hard cap’, making LSP HEF 2 the largest

Cathay Capital has held the first closing of its CarTech Fund, a new investment vehicle – and Cathay’s first RMB fund – to invest in the automotive and mobility ecosystem in China. Launched with the support of cornerstone investors Valeo and Yangtze River Industry Fund, Cathay CarTech will rely on

ESPIRA Investments (ESPIRA), a newly established private equity firm focused on growth capital investments in small and medium size enterprises based in Central Europe, has held the first closing of its fund ESPIRA Fund I, which has a target fund size of EUR30 million. An element of ESPIRA’s strategy is

Northleaf Capital Partners (Northleaf) has held the final closing of its global private credit fund, Northleaf Private Credit I (NPC I), with more than USD670 million in commitments from institutional investors. Including recent closings of its private equity and infrastructure funds, Northleaf now manages more than USD10 billion in commitments across its global private