The information technology- and life sciences- focused venture capital firm has closed its 10th fund, with the goal of investing in approximately 60 early-stage US companies.
The Norwegian private equity firm has exceeded its original target of €225m for Norvestor V after seven months of marketing.
Having originally set out to raise €10m by the end of the year from both institutions and individuals, InReturn Capital is upping its target in response to strong demand.
Sydney-based AMP Capital Investors is backing Gayatri Infra Ventures, a subsidiary of an Indian road construction company. The deal is its maiden investment from its Asian Giants Infrastructure Fund, which is currently raising capital to target Chinese and Indian investments.
The private equity firm’s credit subsidiary, GSO Capital Partners, has closed its most recent mezzanine fund as demand for subordinated debt remains strong. The unit has also raised four CLOs and purchased $7.8bn in leveraged loans.
Following the completion of its 19th acquisition this year, the mid-market specialist is lining up the launch of its fourth European fund.
The publicly listed alternative asset manager will later this year raise private equity funds for US and European developed infrastructure, as well as cleantech and renewable energies as the market for Blackstone’s core private equity business remains challenged.
The buyout firm is planning another close for its third Europe fund at the end of October, having already held a second close on €4.8bn.
The Vancouver-based cleantech firm has more than doubled its previous fundraising total, with new commitments from strategic investors Asahi Glass, Umicore and Bekaert.
The private equity firm will likely hold a first close on more than $523m, topping its entire previous fund. Launched in the second quarter of this year, the fund will be one of the largest dedicated pan-Africa funds raised to date if it meets its target.