Pacific Avenue Capital Partners, a private equity firm specialising in corporate divestitures in the middle market, has held the final closing of its first fund, Pacific Avenue Fund I, which was significantly oversubscribed at its hard cap of over $500 million. 

HV Capital, an early-stage and growth venture capital investor has held the final close of HV Capital Fund IX at €710m, making it the largest fund ever raised by the firm. The fund will invest in ‘technology disruptors’ across all growth phases. 

Investindustrial has held the final close of Investindustrial Growth III above its target at €1.1 billion. The fund will continue the strategy employed by Investindustrial’s previous two funds of making majority investments in European lower mid-market companies with strong internationalisation potential. Investments will predominantly focus on companies headquartered in Italy, Spain, Portugal or Switzerland.  The fund completed its first investment in Arterex, a global, buy-and-build opportunity in the manufacturing of specialty medical compounds and devices, in Q4 2022. Investindustrial’s previous two funds have cumulatively invested more than €1.0 billion across 13 platform investments and a further 35 add-on acquisitions, having

Kian Capital Partners, a lower-middle-market focused private investment firm, has held the final closing on its latest fund, Kian Growth Partners III, which was oversubscribed at $400 million.

Greycroft, a seed-to-growth venture capital firm, has raised more than $1 billion of capital commitments across two new flagship funds – Greycroft Partners VII and Greycroft Growth IV – which will look to invest in early and growth-stage enterprise and consumer businesses. The capital commitments, which bring the total raised by the company since inception to $3 billion since the company’s inception, represent a significant increase from the firm’s previous venture and growth funds. Greycroft says this demonstrates continued support from LPs for its model of investing in startups across the entire venture lifecycle from seed to exit. Greycroft’s previous

After launching its fundraising process in December, RoundShield Partners recently held a first close – believed to be around $750m – for its latest fund, Fund V, which will focus on European asset-backed special situations and distressed opportunities. With the first close achieving a reported re-up rate in the region of 80% and an increased amount of interest from European institutions, RoundShield plans to hold a further close for remaining capacity within the coming months. RoundShield’s latest fund will aim to deliver returns through opportunistic investment in special situations and distressed assets, at a time when there is an increasing