Home Fundraising

Fundraising

Makara Capital is in market with its Innovation Fund, which has a hard-cap of $700m.
The firm, which counts former CalPERS PE head Réal Desrochers as a managing director, has raised more than $2.2bn for the vehicle.
SV Health Investors’ Dementia Discovery Fund will discover and develop medicines for dementia, an area untouched by breakthroughs.
Nexxus Iberia – which closed its first deal last week – is raising up to €250m to help Spanish and Portuguese companies expand into Latin America.
Total fundraising dropped to a three-year low of $162bn, down from a record $285bn for the same period last year, according to PEI data.
Managing partner Louis de Saint-Marcq, who is responsible for fundraising and origination across the Nordics, Belgium, Iberia and the UK, will lead the team.
The division was launched in April with a view to taking minority positions in publicly listed, mid-cap companies in Northern Europe.
The firm has been raising its RMB-denominated debut fund since its launch in 2016 with a $1.5bn target.
The firm appointed Bernard de Backer, former senior portfolio manager at ADIA, to cover investor relations and value creation in January.
The fund of funds will target areas such nanotechnology, smart manufacturing, artificial intelligence, and modern agriculture and transportation.
pei
pei

Copyright PEI Media

Not for publication, email or dissemination