Creandum closes $300M fund for early-stage investments out of Europe
Stockholm-founded Creandum, an early backer of companies like Spotify and iZettle, has closed a fifth fund €265 million ($300 million). The plan is to use the money to continue investing in European start-ups with a focus on seed and Series A rounds.
Prospect Hill Growth Partners Closes Oversubscribed $380 Million Fund II
Prospect Hill announces the closing of Prospect Hill Growth Fund II, L.P., oversubscribed with total commitments of $380 million, exceeding the $300 million target. READ THE FULL ARTICLE ON BUSINESS WIREREAD FULL ARTICLE >
Asian Firm Longreach Spanned Globe to Raise New Fund
The private-equity firm, which is based in Tokyo and focused on buyouts and corporate carve-outs in Japan, closed Longreach Capital Partners 3 LP at its $650 million target. That represents a 63% increase from the $400 million the firm collected for its previous vehicle in 2012. READ FULL ARTICLE ON WSJ PROREAD FULL ARTICLE >
Private Equity Wire Award Winners 2019
Asante Capital was awarded Best Firm for Fund Advisory (Placement) 2019. The Private Equity Wire Awards, presented in London, recognise the best private equity managers, investors, consultants, advisers and service providers during 2018. All votes were determined by the readers of Private Equity Wire.READ FULL ARTICLE >