Fundraising

Abac Capital will target mid-market opportunities in Spain.

The life science and venture capital firm hit its target for the fund.

Canada’s Brookfield Asset Management will increase its investment size as it smashes through its $3.5 billion target to hold a final close for its fourth flagship private equity vehicle on $4 billion. The firm said it will now pursue transactions of $200-500 million.

The NJ State Investment Council decided to stop negotiations with Advent on investing $100m in Advent GPE VIII, which had no preferred return.

The UK firm has raised £500m for a co-investment vehicle and a lower mid-market fund in just 8 weeks.

The listed investor has committed €120m to the European buyout firm’s latest flagship vehicle.

The fund closed on $754m and will follow the strategy of its predecessors by targeting oil and gas properties in the US.

The firm has raised €566 million to invest in fast growth European businesses and hired a cadre of tech experts to work at the firm and across the entire portfolio.

The firm has launched its latest flagship vehicle, while Fund VII is now just 'one or two' deals short of being fully invested after agreeing to buy French orthopaedic group Marle from Carlyle.

The FPE Capital team spun out the Fleming family office's firm earlier this year and is seeking to raise £100m.