fundraising

The firm has held an initial close on the vehicle, which is targeting around $7.5 bn.

As it continues to invest its sixth fund of funds, which closed on €700m this month, Danske Private Equity principal Jesper Knutssøn talks to PEI about the firm's plans and the “aggressive” fund terms it’s seeing in the market.

The terms of the fund, which is targeting $8.5bn and is nearing a final close, are disclosed in documents prepared for LACERS.

All of the UK growth equity firm’s existing investors have committed to its second vehicle.

LPs will be watching with interest as one of the industry’s heavyweights cements its new positioning.

The sale comes as the firm continues to raise its fourth fund, targeting £200m.

The former captive investor of Allianz is targeting fund closes across secondaries and private debt strategies in what could be its biggest fundraising year since spin-out.

The small-cap arm of pan-European firm Bridgepoint has reached its hard-cap after just three months in market.

The firm has launched its first sector specific vehicle that will invest in high-growth companies.

The fund, which officially launched last May, is expected to reach its £425m target by the summer.