Fundraising

The mid-market firm used co-investments and a larger GP commitment to raise €295m for Fund III.

The mid-market investor will launch its next flagship before December, Private Equity International has learned.

Europe-focused buyout strategies were the bright spot in the first half of 2018, according to PEI’s H1 fundraising data. View the report for H1 figures broken down by strategy, sector, fund size and region.

The firm expects to exceed $500bn in assets under management by the middle of next year.

China-focused private equity firms raised $3.6bn in the first half of the year, almost a 50% decrease from the same period in 2017, according to PEI data.

The Canadian pension is backing a 2:1 secondaries to primary transaction which could bring the firm to the $5bn target of it latest buyout fund.

Bpifrance and China Development Bank are cornerstone investors in the fund targeting a €1.2bn capital raise.

The floodgates for fundraising and dealmaking have not fully reopened in a market that has come back from a downturn in commodity prices.

Political instability may be colouring investor sentiment, but it is not stopping them committing.

The Malaysia government-backed mid-market firm wants to raise close to $400m for its latest offering.