Isobel Markham
The financial services-focused firm was initially targeting €900 million for the vehicle, which came to market in 2014.
The Italian branch of 21 Partners collected €343 million for the vehicle, which has already made two investments.
New research from Lyceum Capital and Cass Business School shows a 12 percent increase in transactions in 2015.
The sale of Fund II’s remaining investment comes as the Milan-based firm continues to raise Charme III, which is targeting €500m.
The sale of the life sciences outsourcing business to HgCapital follows the successful close of Synova Capital Fund III on its £250m hard-cap.
In a trading update Oakley Capital Investments said it has made a €250m commitment to the vehicle, which will have a hard-cap of €750m.
A new platform created by CEPRES calculates the beta risk of individual private equity investments to help investors balance their portfolios.
Research from German Mittelstand specialist Deutsche Beteiligungs shows a slight decline in mid-market transaction value and a continued focus on industrials.
GPs have made vast strides within the realm of responsible investment in the last decade. The focus is now on LPs to raise the bar again.
The firm has added ex-Bridgepoint dealmaker Tim Thomas to its investment bench as it seeks commitments to its latest vehicle.