Fundraising

The French firm re-opened its third fund to the LP community last year, raising an additional €400m.

The €77m fund will invest in SMEs in both Africa and France

The lower mid-market firm expects its fourth fund to be fully deployed by the first quarter of 2018, and anticipates a Fund V launch in the fourth quarter of 2017.

North Haven Capital Partners VI is the firm’s first mid-market fund since 2009.

The 10 largest fund closes last year raised $92bn, surpassing the $86bn in 2015 and showing the asset class continues to attract capital in a low-growth environment.

Investment consultancy Pavilion Alternatives Group’s William Charlton gives his predictions for the year ahead.

Paris-headquartered Céréa Partenaire has raised the capital for its buyout, mezzanine and senior debt offerings.

The global asset manager will begin investing Secondary Opportunities Fund IV this quarter, once SOF III is 100% deployed.

The capital will be invested in a portfolio of eight companies already owned by the listed firm, as it plans to ramp up its external fundraising activity.

The Apollo Global Management spinout has surpassed its $750m target in a little over a year.