European Investment Fund related stories
All articles and analysis
European Investment Fund hires new chief executiveThe appointment comes as the European Investment Fund intends to commit €1.6bn to private equity this year.
- Bridges Ventures smashes target to raise £125m
The social impact-driven firm has closed its third Sustainable Growth Fund on £125m, above its £100m target, after attracting new investors including the European Investment Fund and the London Pensions Fund Authority.
- EIF: Industry still hasn't got the message on ESG
Despite recent progress on ESG – particularly in Europe – private equity is not making the most of the opportunities it provides, argue LPs including the European Investment Fund.
- NorthEdge Capital hits £225m hard-cap for debut fund
After holding a £125m first close last summer, the north-of-England-focused firm has now reached its £225m hard-cap.
- Enterprise Investors raises €314m for Fund VII
The Polish firm’s final close – below its €650m target – comes after a string of exits by previous vehicles.
- On the Record: Edward Claessen, European Investment Fund
Last year, the EIF invested €1.35 billion in 63 European private equity funds. Most recently, it was one of the backers of NorthEdge Capital, a first-time fund focused on the north of England, which closed on £225 million in April. PEI asked principal Edward Claessen whether the EIF’s approach has changed since the financial crisis
- Lyceum Capital hires former LDC executive
The appointments come as the UK-focused firm seeks to deploy its third fund, which closed at approximately £300m at the end of last year.
- Gresham delays fundraising to 2014
Following discussions with investors, the firm has pushed back the launch of its fifth fund until the beginning of 2014, with one source suggesting LPs needed to see more exits before re-upping.
- Jonny Maxwell joins GMT
Industry veteran Maxwell has been hired as a senior advisor for the TMT-focused private equity firm just as it is attempting to raise €350m for its fourth buyout fund.
- Portobello targets €300m for Fund III
The Spanish firm, which is in pre-marketing and will officially launch in September, is aiming to secure a €150m first close by the end of the year.