Fundraising

The Danish fund has raised DKr3.3bn for the vehicle, which includes a GP commitment of 1.5%.

As OpCapita celebrates its 10th anniversary by holding a ‘one-and-done’ on its new fund at more than three times the size of the previous vehicle, founder and managing partner Henry Jackson explains why Comet failed and GAME succeeded

Arsenal Capital Partners raised the fund in a little over a year as a successor to its Fund III, which is currently booking a strong internal rate of return.

Ardian has brought the Seven Mile Capital Partners team under its umbrella, which it helped spin out of Citigroup five years ago.

Fanisi Capital is targeting $75-$100m for its second fund, which will invest across Kenya, Rwanda, Tanzania and Uganda.

The growth-oriented firm raised $410m after fundraising for about three years.

The capital raised for EQT Mid Market US, which had an initial target of $1bn, includes a GP commitment of 2%.

Closed-ended private debt fundraising reached a respectable $67bn by the end of Q3, but last year’s $106bn total will be hard to reach.

Thoma Bravo’s funds have satisfied their LPs to justify their streak of no preferred return going forward.

At the BVCA Summit 2016, investor relations partner Marc St John said overloaded funds would inevitably lead to lower returns.