Bow River Capital, a Denver-based alternative asset manager, has closed its third private equity fund, Bow River Private Equity Fund III LP (Fund III), at $590 million. The fund was oversubscribed, exceeding its target of $500 million. Fund III benefitted from strong support from both existing and new investors.   Like its predecessor fund, Fund III will continue to invest in human capital-centric middle market businesses throughout the United States in industrial services, healthcare services, and business services, with a primary focus in the Rodeo Region. Bow River Capital targets majority partnerships with industry leading management teams operating critical outsourced

L’ATTITUDE Ventures has closed its first institutional fund, raising over $100 million through a strategic anchor investment by JPMorgan Chase and initial investments from Trujillo Group and Bank of America.

HighPost Capital (HighPost), a private investment firm focused on the global consumer sector, has closed its inaugural fund, HighPost Capital Fund I (Fund I) at $420 million. HighPost has raised an additional $115 million through affiliated co-investment vehicles to invest alongside Fund I for a total of $535 million in equity to deploy. HighPost’s investor base is comprised of some of the world’s leading institutions, endowments, family offices, and high net worth individuals. Founded by David Moross, chairman and chief executive officer, and Mark Bezos, partner, HighPost leverages its deep network, industry experience, and rigorous diligence process to identify proprietary,

Flashpoint Venture Capital has closed it VCIII fund with $102 million of capital commitments, including $20 million from its first institutional limited partner Széchenyi Funds. Flashpoint VC focuses on global Series A tech startups originating in Emerging Europe and Israel. While Széchenyi Funds’ focus is on financial institutions, large corporates, and more mature SMEs, it provides start-ups with “smart money” through domestic incubators and accelerators and especially through fund of funds investments.

Balbec Capital (Balbec), a global alternative asset manager with over $11 billion in platform assets, has closed its fifth global flagship fund, InSolve Global Credit Fund V, (IGCF V), with total commitments of over $1.5 billion as well as a $100 million expandable co-investment vehicle, making it Balbec’s largest fund to date.  The Fund received significant support from a diverse base of existing Balbec clients and new investors globally.    IGCF V builds on Balbec’s long-term track record of successfully sourcing and investing in credit-sensitive financial assets such as residential, commercial, and consumer whole loan portfolios across the performance spectrum,

Cornerstone VC, born out of black-led angel group Cornerstone Partners, has launched a new £20 million fund to invest in exceptional entrepreneurs in the UK from diverse backgrounds.   BGF, the UK’s most active investor of growth capital and The Hg Foundation, a grant-giving charity with a mission to remove barriers to education & skills in technology, both led the first round close, as well as others including Atomico, one of Europe’s leading VC funds focusing on Series A and beyond.  Other investors include Nic Humphries and several senior partners from Hg, a leading software and services investor, as well

Bain Capital is targeting $5 billion capital commitments for a new buyout fund focused on the Asia-Pacific region, according to a report by Bloomberg.

ICG, the global alternative asset manager, has completed fundraising for its eighth European Corporate fund (Europe VIII). The fund held a final close with a total fund size of €8.1 billion, materially in excess of the target of €7.0 billion and exceeding its hard cap, as well as representing a 90% increase in client capital compared to its predecessor vintage, Europe VII.   The fund attracted commitments from over 100 clients, including 33 new clients across Europe, Asia, the Middle East and the US, incorporating a range of investors, such as large public pension schemes, institutional clients and insurance firms.

Portage looking to raise up to $1 billion for a new structured equity fund that will focus on financing late-stage startups in the financial technology sector. The global fintech investor’s new Portage Capital Solutions (PCS) Fund, which will be led by Co-Heads Daniel Ballen and Devon Kirk, will focus on structured opportunities in fintech and financial services companies globally and targeting investments over $50 million. Kirk has nearly two decades of experience in private equity and structured solutions with a focus on financials. Devon spent over ten years at CPP Investments, based in Toronto. She was most recently Managing Director

MJ Hudson has advised Octopus Ventures (OV) on the establishment of its first dedicated pre-seed fund, backing early-stage start-ups across Europe, which held a first closing in May 2022. OV’s all-female pre-seed team has already made its first wave of investments into 10 businesses across the UK, Germany and Spain. Of those, 40% have a female founder and 30% at least one ethnic minority founder. OV, part of the Octopus Group, is one of the most active VCs in Europe and its notable investments include Cazoo, Zoopla and Depop (all of which have either gone public or been acquired). MJ