Fundraising

The Bethesda, Maryland venture capital firm touted its ties to the Washington DC research and development scene.

Vintage Venture Partners, a private equity secondaries investor focused on Israel, has completed the final closing of its debut fund with $64m of commitments.

Swiss Re Private Equity Advisers, the private equity fund of funds arm of reinsurance company Swiss Re, has announced the final closing of Swiss Re Private Equity Partners II at €409m.

Explorer Investments has held an initial close on €50m of its debut Explorer I fund, aimed at helping Portuguese companies invest in Spain.

The Cambridge, Massachusetts firm’s Fund II exceeds the previous $630m vehicle and is targeting middle market LBOs in the industrial sector.

The largest mezzanine fund raised in Canada brings capital managed by the Toronto-based private equity arm of TD Bank Financial to about C$2.6bn.

The Menlo Park, California venture capital firm’s second fund will focus on seed and early stage medical technology and biotechnology opportunities.

AXA Private Equity’s secondary unit has achieved its fundraising target for its Fund of Funds II, which has closed on €250m.

Close Brothers Private Equity, the UK mid-market private equity firm, has closed its Fund VII at a capped level of £360m – beating an original target of £350m.

The Chicago venture capital shop’s newest vehicle is geared toward seed and early stage investments in life sciences, physical sciences and information technology companies.