Fundraising

3i has beaten heavyweight opposition to land its first deal in central and eastern Europe, and is aiming high after launching a new team dedicated to the region.

GS Vintage Fund IV, a fund of the company’s asset management private equity group, will focus on the secondaries market.

Aksìa Capital, an Italian mid-market private equity firm, has attracted some illustrious new investors to its third buyout fund, which closed at €150 million.

UBL Asset Management, a new subsidiary of India’s UTI Bank, is looking to raise a $500 million private equity fund to invest in India’s infrastructure.

Bain Capital has raised $1 billion for a new Asia-focused fund in just three months. This comes a year and a half after the Boston-based private equity group made its foray into the region.

The Bahrain-based manager has begun marketing its first traditional limited partnership and is targeting a first close on $400m in May, according to one investor.

The Waltham, Massachusetts-based venture capital firm has closed its fourth fund, and recently added a new general partner, Elliot Katzman, to its team of 8 investment professionals.

Donald Nelson, former investor relations head of the Boston-based life sciences venture capital firm, has left to form NelCap Advisers, his own placement agency and consulting firm.

US buyout firm Apollo Management may follow Blackstone’s lead by listing on the New York Stock Exchange, according to reports.

Darwin Private Equity, a new mid-market fund launched by three former large buyout specialists, has received the backing of Lord Rothschild’s vehicle RIT Partners.