Latest News

Abingworth Collects $220 Million for Fund VII


Life-sciences investor Abingworth Management held a first close on $220 million for its latest fund. The vehicle, Abingworth Bioventures VII LP, has a $300 million target and a hard cap of$400 million, the person said. The firm, which began fundraising and held an initial dry close last year, is expected to hold a final close […]

European PE Taps Demand for Health-care Investments


Health-care-focused European buyout firms are raising new funds amid rising investor appetite for the sector. “Sector funds can only survive if they outperform the generalists in that same sector, which is perhaps the obvious point but one that some miss,” said Warren Hibbert, managing partner at Asante Capital. In Europe, buyout firms with highly regarded […]

Orion Energy Nears $750 Million Target for Credit Fund


Orion Energy Partners raised about $650 million so far for its first energy infrastructure fund and expects to close the vehicle with $750 million to $800 million, said a person familiar with the matter. The New York private equity firm, which set a $750 million target for Orion Energy Credit Opportunities Fund II LP, has […]

Mobeus holds £166M final close at hard-cap for maiden LP-backed fund


Mobeus Equity Partners has held a final close for its maiden institutional fund, Mobeus Equity Partners IV, on £166m, surpassing its initial £150m target. The development follows a series of rolling closes for the vehicle, which held its first close on £51m in June 2016 and another £140m close in May 2017. Mobeus mandated Asante […]

Summit Holds €700m Final Close for Second Growth Equity Fund


Summit Partners has held a final close for its second growth equity fund on its €700m hard-cap. The GP held an interim close for the vehicle, Summit Partners Europe Growth Equity Fund II, on €600m in May 2017. The GP’s previous growth equity fund closed on €1.05bn in April 2008. It was 93% invested as […]

Private Equity Wire Global Awards 2017 – The Winners


The Private Equity Wire Global Awards 2017, presented on 9 June in London, recognised the best private equity fund performers and service providers during 2016 in a range of categories covering the entire private equity space. Asante Capital Group was awarded best Placement Agent of the Year. READ FULL ARTICLE ON PRIVATE EQUITY WIRE

Fund Placement Fight Club


Warren Hibbert of Asante Capital goes head to head with UBS in The Drawdown’s recent ‘Fund Placement Fight Club’ piece, highlighting the battle for private equity placement business between boutiques and banks in today’s increasingly competitive market. The first rule of fund placement fight club is… READ FULL ARTICLE ON THE DRAWDOWN

Bulking up: Consolidation in the LP space


From Adveq to Unigestion, funds-of-funds managers have been at the centre of a substantial consolidation trend in the LP space over the past 12 months. “We had quite a lot of consolidation taking place post-crisis, for very different reasons, where businesses that hadn’t achieved enough scale struggled and were not able to raise fresh capital […]