Primary Capital hits £100m target

Primary Capital has closed its second UK and European buyout fund at £100m.

First local Turkish fund closes

Turkven, an affiliate of Advent International, has closed on $41m and will invest in Turkish growth opportunities alongside Advent’s Central and Eastern European team.

Wilton closes $240m private equity fund

Fundraising in 2001 proved difficult for Wilton Asset Management, whose private equity fund fell $60m short of its original target.

Migdal looks to enter venture capital

Israel’s largest insurance company is looking to set up its own venture capital fund to invest directly in local businesses.

CEE: Fertile grounds for private equity

Private equity managers operating in Central and Eastern Europe say institutional investors will do well to move into local funds before the region matures.

New director for Barclays Private Equity

Andrew Matthews joins as a director of the firm’s UK Infrastructure Fund.

Mazel Tov! Benchmark closes Israeli fund

Cisco and Infineon contributed to the $220m fund, which has so far made five investments.

Baring closes E108m Russian fund

Baring Vostok Private Equity Partners returns to Eastern Europe with the first direct investment fund since the 1998 crisis.

Bay Partners fund closes at $475m

Bay Partners X has secured $475m with significant investments from European investors.

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