Vx raises $107 mln for maiden fund

By Iris Dorbian — 5 hours ago

Vx Capital Partners has closed its oversubscribed inaugural private equity fund at $107, beating its $100 million target. BNP Paribas was the placement agent while Kirkland & Ellis LLP provided legal counsel. Vx is focused on acquiring mid-life narrow-body jets.

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B Capital Fund holds second close of $181 mln

By Kaitlyn Landgraf Bartley — 1 day ago

Facebook co-founder Eduardo Saverin’s B Capital Fund has held a second close of $181 million, according to a regulatory filing. B Capital Group has offices in Los Angeles, San Francisco and Singapore, and was founded by Rajarshi Ganguly and Saverin, who moved to Singapore in 2011. It invests in financial services, healthcare, and transportation industries worldwide, according to its website. The fund closed an initial $143.6 million a year ago. So far, 29 investors have committed to the fund, which does not list a target amount.

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Dundee wraps up third fund with $30 mln

By Alastair Goldfisher — 1 day ago

Omaha, Nebraska seed-stage investor Dundee Venture Capital, which last year partnered with Lakewest Venture Partners in Chicago, has raised $30 million for its third fund, according to a regulatory filing. The filing says the commitments came from 98 investors. Dundee last year opened a new office in the Minneapolis area as part of its ongoing regional growth plan to expand in the Midwest. It focuses on e-commerce, B2B SaaS and consumer-network focused startups.

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DC Capital wraps up fund at $450 mln

By Iris Dorbian — 2 days ago

DC Capital has closed its second private equity fund at a hard cap of $450 million. DC Capital Partners Fund II will focus on U.S.-based middle-market companies that are in the government services, engineering and construction services sectors. The fund will make individual investments between $25 million and $75 million. Champlain Advisors LLC was the placement agent.

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Gatewood raises over $220 mln for maiden fund

By Iris Dorbian — 2 days ago

Gatewood Capital Partners has closed its debut fund at over $220 million, beating its $150 million target. Gatewood Capital Opportunity Fund LP will make anchor commitments to “highly qualified emerging managers.” K&L Gates provided legal advice to Gatewood on the fund. No placement agent was used.

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LCN closes over $750 mln for second European fund

By Iris Dorbian — 3 days ago

LCN Capital Partners has raised over $750 million for its second European fund. LCN European Fund II’s limited partners include European and North American pension plans, insurance companies, foundations and ultra high-net worth family offices. FocusPoint Private Capital Group was the placement agent.

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Muzinch & Co collects $180 mln euros for pan-European debt fund

By Iris Dorbian — 3 days ago

Muzinich & Co has raised 180 million euros in the first close of its pan-European private debt fund. The pool’s investors include pension funds, insurance companies and family offices in Europe. The fund will focus on lending to small to medium sized businesses in Western Europe that have an EBITDA of between 3 million euros and 20 million euros.

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