Fundraising

The amount includes $350m of reserved capacity for a fund-of-one LP relationship.

GPs in the region raised €74.5bn last year, the most since 2008 and a 37% increase on 2015.

The fund will seek investments in sustainable food processing and production companies, and agritech businesses across Europe and Australasia.

The online private equity marketplace will offer free use to all of the LP organisation’s members, who represent $1trn in private equity capital.

The Finnish firm, which has been investing on a deal-by-deal basis, will launch its first fund later this year.

The 2017 PEI 300 saw more capital raised by the industry’s biggest firms than ever in its history as market conditions drive investors toward brand names.

Private equity capital raised by tech-focused firms among the 30 largest GPs has expanded by more than six times from 2013 to 2017.

Firms headquartered in New York City raised more in the last five years than the next five fundraising capitals combined.

The multi-strategy private markets firm held a first close in February on its flagship direct private equity fund.

The firm – now DH Private Equity Partners – has returned €5bn to investors since 2012 and has a new partnership structure in place.