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Unprecedented bank and CDO appetite for leveraged loans in Europe has allowed issuance in the first half of 2004 to soar to an unprecedented €35.4 billion.
The global fund of funds specialist has announced a final close for its second secondary fund.
Mark McDonald has joined the secondaries specialist as an investment associate in Pomona Capital's London office to help expand its European franchise.
The New York private equity and hedge fund investor will focus on acquisitions of buyout, venture and mezzanine private equity interests.
The San Francisco-based placement agent and private equity consultant has named Kelly DePonte partner. The firm also completed fundraising for client W Capital Partners.
Vintage Venture Partners, a private equity secondaries investor focused on Israel, has completed the final closing of its debut fund with $64m of commitments.
The Paris-headquartered European secondaries investor has announced the final closing of its third fund to focus exclusively on Europe.
AXA Private Equity’s secondary unit has achieved its fundraising target for its Fund of Funds II, which has closed on €250m.
The US venture capital firm will take on the formerly bankrupt IT company’s venture capital portfolio in exchange for management fees and a cut of the realizations.
Today's investors in private equity are looking for firms, not funds. Texas Pacific was able to offer just that.

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