Fundraising

The Philadelphia private equity firm has closed its second fund on $360m, ahead of its initial target of $300m.

The US debt provider’s oversubscribed second fund includes $170m from new investors.

Clessidra Capital’s debut vehicle, the largest private equity fund ever raised in Italy, has held a final close on €800 million.

The Canada Pension Plan Investment Board has pledged $380m, including co-investments, to European infrastructure funds managed by the Australian financial services firm The Macquarie Group.

The Dusseldorf-based venture capital firm has closed its second fund after a fundraising period of just six months.

North Atlantic Value, headed by Christopher Mills, has announced a first close of its second UK-focused buyout fund on £45m.

The financial services company is reportedly considering the sale or closure of its $3bn private equity arm, MMC Capital.

The Boston private equity real estate firm closed its sixth fund on $430m, six months after spinning out from Charlesbank Capital Partners.

The Middle Eastern private equity firm has acquired the Jordanian aircraft firm Joramco through a privatisation.

The Miami private equity firm announced a first closing of $250m for its second venture capital fund with an additional $50m to be added in the next few weeks.