PATRIZIA AG has completed the first close of a new €100 million venture capital fund “Sustainable Future Ventures” (SFV). The initial close includes funds from a range of investors including pension funds and family offices, as well as strategic real estate operators and investors.    The newly launched fund, which is the first in a new fund series, is led by partners Conan Lauterpacht and Matthew Chagan. It will target investments in technology companies that enable a more sustainable built environment and will focus on late Seed to Series B technology companies globally, with a strong focus on Europe. The

Concrete Ventures has launched a new investment platform which id targeting €10 million to invest in series seed and series A Proptech software companies in EMEA. Concrete’s investment themes are concentrated around data driven solutions to provide improvements in sustainability, data, and workflow efficiency in the built environment.  Following a successful initial four year investment period, investing over €20 million in 20 primarily European startups on behalf of Starwood Capital Group and JLL Spark, Concrete has launched a new investment platform to address the demand from a wider group of both leading global real estate investors/developers and financial institutions looking

Toronto-based alternative asset manager Sagard Holdings Inc has held the final close of its second private debt fund with commitments of $1.17bn from institutional and strategic investors across the US, Canada and Europe, according to a report by Private Equity Insights. The Sagard Credit Partners II, which will focused on investing in middle-market companies in the US and Canada owned by a family, entrepreneur or are publicly-listed and, is targeting an internal rate of return of between 10-12% without using leverage. Re report cites Sagard Chief Investment Officer Adam Vigna has confirming that the fund has already deployed about 11%

Dunas Capital, an independent real estate and asset management platform, has completed the first closing of its impact fund called Dunas Absolute Impact FCR with almost €10 million in capital commitments, which represents 20% of the fund’s target size, as it expects to reach €50 million.  In addition, they plan to hold a second closing during the fourth quarter of 2022. This new fund has an investor base made up of institutional clients, including mainly insurance companies and mutual benefit societies. In addition, the Dunas Group itself has also decided to invest in the fund, reaffirming its commitment with the

Investcorp-Tages has held the second close of its Impact Fund with a total allocation of €60 million. Through the fund Investcorp-Tages will invest in financially sustainable and social impact-generating companies that aim to expand their business into new European markets or new product lines.   The fund’s strategy has been designed to identify investment opportunities where the social and environmental impact is significant and measurable, with a particular focus on small and mid-cap European companies operating in the health, education, and job creation sectors.   To ensure maximum independence in the assessment and measurement of impact, Investcorp-Tages has collaborated with

Greenfield Partners has held tetheh final close of its second fund, Greenfield Partners Fund II, with $200 millionin capital commitments, according to a report by Tech. The fund will aim to invest in Series B and C funding rounds of 15 startups.  Greenfield Partners, which was established by TPG Growth back in 2016, has now raised over $500 million. The fund’s partners spun out into an independent fund in 2020 with the backing of new institutional investors.

HGGC, a middle-market private equity firm with a sector-focused approach, has completed fundraising for HGGC Fund IV (Fund IV) with $2.54 billion of capital commitments. Fund IV exceeded its $2.25 billion target and continued to diversify its global limited partner base, including a significant commitment from the General Partner and its affiliates, who collectively remain the largest investor across all HGGC funds, ensuring strong alignment of interests. Fund IV is HGGC’s largest fund to date and is nearly 38% larger than the Firm’s $1.85 billion Fund III. With the closing of Fund IV, HGGC now has more than $6.8 billion