Managers
Summit Partners, a global alternative investment firm, today announced the first and final closings of two funds with combined capital commitments of USD2.2 billion. Summit Partners Europe Growth Equity Fund III closed at its hard cap with EUR1.1 billion in total commitments and will target equity investments between EUR20 and EUR70 million in Europe-based companies. Summit Partners Venture Capital Fund V also closed at its hard cap with USD1.0 billion in commitments and will target equity investments of USD10 to USD60 million in growth stage companies based primarily in North America. Both funds were significantly oversubscribed.
“For more than 35 years,
Inflexion has supported the expansion of its portfolio company Alcumus via two acquisitions in the UK and North America.
MVI Advisors (MVI) has held the first closing of its second private equity fund, MVI Fund II AB (Fund II) with commitments of SEK688 million. The Fund has a target of SEK1 billion.The Fund will continue to execute the successful strategy implemented by MVI since 2011, through buyout investments in high-quality, small companies in the Nordic region.
Fund II will target control investments in companies that have solid fundamentals, show potential for strong organic growth, lend themselves to buy-and-build strategies and are positioned to take advantage of sustainable industry trends.
MVI has recently completed the investment period of
Mourant has advised private investment house and longstanding client, Ardian, on its eighth-generation secondaries fund. The platform has attracted USD19 billion of commitments from investors globally. The programme, which includes USD5 billion of co-investment interests, significantly exceeds the USD14 billion raised for Ardian’s seventh generation platform in 2016.
The fundraise highlights how the secondaries market has matured to become an important source of liquidity for investors, including insurance companies, pension funds and family offices, as they look to re-balance private equity portfolios and seek yield opportunities for savers.
The fund attracted 275 investors from nearly 40 countries across the Americas, Europe,
Unigestion, an independent specialist asset manager, has completed the third closing of its direct investment vehicle, Unigestion Direct II, taking the total size of the programme to EUR375 million (EUR600 million final target size). The fund has also finalised its second investment.
In addition, the firm the firm completed the first closing of its secondary investment vehicle, Unigestion Secondary V, with total commitments of EUR 228m (EUR700 million final target size).
The success of these closings reflects the investor appetite for exposure to direct and secondary deals at the small end of the private equity market in the current economic
Unison, a provider of procurement, supply chain, and contract management software to Federal government agencies and government contractors, has been acquired by global investment firm The Carlyle Group (NASDAQ: CG), and Unison management. Terms of the transaction have not been disclosed. Carlyle previously owned the business from 2005 to 2010.
Unison’s solutions help government agencies and contractors navigate the complex rules and compliance requirements of procurement and grants, program management and contract lifecycle management. All of Unison’s solutions are available via the cloud, allowing clients to implement solutions quickly, efficiently, and inexpensively.
“We are pleased to re-join the Carlyle
BGF, the UK and Ireland’s most active investor in growth businesses, has invested in Juriba, an migration software provider, to accelerate product development and drive international scale.
Andera Partners has completed the single closing of its ActoMezz IV sponsorless mezzanine fund, exceeding its initial hard cap of EUR500 million. This new fund, raised in record time despite the Covid-19 crisis, is the largest completed to date by Andera Partners and 60 per cent bigger than the previous ActoMezz vehicle, which also saw a single closing above its initial hard cap in July 2017, at EUR315 million.
Investors in ActoMezz III showed strong support for the team and its strategy through a re-up of more than 110 per cent. Ten or so new leading French and international institutional investors
Forge Global has expanded it’s presence on Hong Kong to provide regional professional investors with access to shares of high-growth private technology companies, a large market comprising more than 473 unicorns worldwide with a combined market value of USD1.4 trillion. The global expansion follows the company’s announcement that it signed an agreement to join forces with SharesPost – creating one of the largest global private securities marketplaces. The combined company under the Forge brand has recorded over $6 billion in global transaction volume.
“As the number of global unicorns continues to increase and as high-growth companies are staying private longer, the
Alternative Investment Fund Manager, Innvotec Limited (Innvotec), has launched a Female Ventures Fund (FVF) to invest exclusively in UK female founded or co-founded enterprises. Innvotec is also aiming to encourage more women to invest in start-ups and early stage businesses.
Less than 1 per cent of VC investment goes to all-female founded enterprises. The FVF aims to tackle this funding gap by focussing on carefully selected, early-stage businesses founded and co-founded by women. Innvotec will provide initial capital, followed by further financial and advisory support to further development after the early stages and beyond. It will focus on capital growth
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
