Elizabeth Wu
The firm has held a final close on its seventh fund, Auda Capital VII, which specialises in primary and secondaries investments in the US and Europe.
The Canadian mid-market private equity firm’s latest fund closed on its hard-cap.
One of Canada’s largest pension investment managers seems undeterred by the outcome of the Brexit vote and is still set to open its London office next year.
The state fund and pension asset manager is an existing investor with IK, which is seeking to raise €1.6bn for its latest fund.
The private equity firm, which makes controlling investments in the lower mid-market, recently closed its third fund, Monomoy Capital Partners III, on $767m.
Menlo Park-based venture capital firm Longitude Capital has closed on a new biotech and life sciences fund.
The consumer-focused fund is bumping up against its $2.75bn hard cap and scaling back LP’s initial commitments.
.jpg "University of Michigan commits $50m to Dyal")
The University of Michigan has made nearly $90m in new commitments to funds from Dyal Capital Partners and Accel Partners.
.jpg "Monomoy closes on $740m fund")
The New York-based turnaround firm has closed its third fund above target.
The developing Mexican private equity market is currently the hot spot for Latam investments, but the path to a more mature market is not without hurdles.