With a target of $20 billion, software investments firm Vista Equity Partners is seeking the third largest amount of capital among private equity funds in market, for its latest flagship fund, according to a report by Private Equity International. The report cites documents prepared of a US pension fund as showing that Vista Equity Partners VIII, which launched earlier this year, has already passed the halfway mark. A due diligence report by the chief investment officer of Connecticut Retirement Plans and Trust Funds CRTPF, prepared for the pension’s 16 November investment advisory council meeting reveals that the fund has so

Carlyle Group is targeting at least $1.6 billion for a second private equity fund which will focus on investments in renewable energy and sustainability assets, according to a report by Reuters.  The report cutes sources familiar with the matter as saying that Carlye began raising capital for Carlyle Renewable & Sustainable Energy Fund II earlier this year, which it  achieves its target size, will be twice the size of its $800 million predecessor fund. Carlyle has already been active in renewable energy and sustainability sector investments this year, investing $350 million to acquire a majority stake in US renewable energy

Climate Adaptive Infrastructure (CAI), an investment firm that targets control investments in large-scale, low-carbon real assets in the clean energy, water, and urban infrastructure sectors, has close of its inaugural fund, Climate Adaptive Infrastructure Fund with more than $825 million in equity.  In addition, alongside the Fund, CAI has an affiliated co-investment programme of over $200 million, for a total of over $1 billion in equity to deploy.  The fund attracted an institutional set of global limited partners comprised of endowments, foundations, insurance firms, pensions and superannuation funds, and fund of funds, in addition to prominent family offices and high

Qualitas Energy, a global investment and management platform focused on renewable energy, energy transition and sustainability investments, has held the first close of its flagship fund QE V, which has a target size of €1.6 billion, at more than €1.1 billion.  This equals the entire fund size of QE IV and makes QE V one of the biggest renewable energy funds in Europe.   QE V will primarily invest across Germany, the UK, Spain, Italy, and Poland, targeting renewable energy assets in operation and under development, including assets with repowering potential, and infrastructure projects enabling the energy transition, such as

Energy Impact Partners, a global venture capital firm investing in the transition to a net-zero carbon economy, has closed its oversubscribed EIP Deep Decarbonization Frontier Fund I, at $485 million.

Golding Capital Partners has secured capital commitments of €75 million at the first closing of its inaugural dedicated co-investment fund in the private credit asset class. Golding Private Debt Co-Investment 2021, which has a target volume of €200 million, gives institutional investors access to a broadly diversified range of conservative direct lending transactions. Golding has been making successful private credit investments since 2017 and will leverage its excellent network and long-term track record, with assets of some €4.6 billion currently under management in this asset class.  The fund’s investment focus is on first lien senior lending to small and medium-sized enterprises

Isara, a new specialist investor in the food sector, has launched its debut £300 million fund, which will focus on improving the efficiency, quality and sustainability of food supply systems across the UK, Ireland and Western Europe. Isara will invest in food production and distribution businesses, helping to stabilise and transform the existing food ecosystem which is undergoing structural shifts caused by rising inflation, the Covid-19 pandemic, labour supply scarcity, and a growing commitment to sustainability. Led by Michael Rice, Isara’s team has extensive expertise working with businesses and management teams across the food sector, including Eight Fifty Food Group,

European software investment firm Round2 Capital has held the first close of its second software lending fund with €62 million, expanding its total assets-under-management to €115 million. Round2 Capital is a pan-European software lending firm applying an actively managed revenue-based credit strategy and has invested in more than 25 companies throughout eight European jurisdictions. Luxembourg-based Round2 Capital Fund II continues to apply the same successful strategy as Round2 Capital’s fully invested first software lending fund and has a target of €100 million. The second vehicle will finance up to 40 small- and mid-cap software companies all over Europe, with a