Carey Olsen and Ipes in Guernsey have assisted Phoenix Equity Partners with the launch of the firm’s fourth fund, which has closed with commitments of GBP415 million. Phoenix Equity Partners (PEP) is a leading private equity investor working with entrepreneurial teams to help grow medium-sized, UK-based companies valued at up

Global asset manager, Aberdeen Standard Investments has completed the fund raising for the SL Capital Secondary Opportunities Fund III (SOF III), with commitments of USD428 million from 31 investors. The total is above the target of USD400 million and considerably higher than its predecessor fund, SOF II, which secured USD291

China Everbright and Walden International Group have launched Walden CEL Global Fund I, a specially designed private equity fund that will invest in companies operating in the semiconductor and industrial information technology sectors. Chen Shuang, Executive Director and Chief Executive Officer of CEL, and Mr Hing Wong, Managing Director of

Kayne Partners has held the final close of its latest growth private equity fund, Kayne Partners Fund IV at its hard cap of USD385 million. The fund maintains the same focus as its three predecessor funds in providing growth capital to exceptional entrepreneurs and management teams of high growth enterprise

Tesi, in co-operation with Finnish institutional investors Ilmarinen, Keva, VER, Elo, LähiTapiola and Fennia, has established a new fund-of-funds KRR III. Similar to its predecessors, KRR III invests in Finnish venture capital and small buyout funds. Its total capital is EUR150 million.   ”KRR is a great example of collaboration between

Charlesbank Capital Partners has held the closing of Charlesbank Equity Fund IX at its hard cap of USD2.75 billion in limited partner commitments, concluding a fundraising process that launched in June. Investors in the fund include leading public and corporate pension funds, endowments, foundations, family offices, sovereign wealth vehicles and

Middle market private equity fund Calera Capital has held the final close of its fifth fund, Calera Capital Partners V. The Fund closed well above its original USD500 million target, with USD555 million of total capital commitments. “Calera Capital appreciates the continued strong support of its existing institutional partners and

Houston Exponential has launched the Houston region’s first venture capital (VC) fund of funds, the HX Venture Fund.   The fund of funds aims to achieve an attractive return for investors, appeal to leading venture capital firms to offer their expertise and risk capital to the region, and create a

Calculus Capital has launched fundraising for the Calculus VCT, which aims to deliver investors an annual dividend of 4.5 per cent (equating to 6.1 per cent for investors who receive 30 per cent income tax relief) and capital growth. The proceeds from the fundraising will be used to invest in