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Remember how back in December and January some VC / private equity firms announced funds of close to, or even above $500M? Well, February was no different! Let’s have a look at the biggest investments…
|03/02/2014||Brookside Mezzanine Partners||$250m|
There is a good mix of firms from all around the planet and investing in a variety of industries. The leader of the charts is MezzVest, a London-based investment firm that raised €585 for its third fund. That’s almost $800M! Admittedly it’s not as much as the €720M fund Capvis Equity IV fund in January, but definitely enough to fund a few companies.
Next, with $495M raised, is Intervale Capital, an energy-focused private equity firm. It invests primarily in oil and natural gas companies located in North America and Europe.
Another London-based investment group, Abingworth, focusing exclusively in life sciences and healthcare, raised £225M for its sixth fund. It was founded back in 1973, so it has an almost endless list of portfolio companies.
Google Capital, the growth equity fund launched by Google last summer, was allocated $300M of Google money. While Google Ventures invests in early-stage companies (even those that might grow to be competitors of Google itself), Google Capital focuses on growth phase companies that are not competitors of Google.
Brookside Mezzanine Partners, founded in 2001, raised $250M for its third fund. It invests in companies throughout the United States in various industries, such as medical, manufacturing, aerospace and consumer (including a couple of pizza companies).
And talking of pizza, next we have the Italian Consilium, which held a first close on €95M, with a final close of at least €150M expected by the summer. Consilium invests in Italian companies, but do not focus on any particular sector.
Mayfield, a global venture capital firm, raised $108M for its Mayfield India II fund. The fund, as the name hints, is allocated to early-stage Indian startups. The previous, $111M Mayfield India I fund, was announced in 2008.
Switching continents again, with the Toronto-based Georgian Partners, which secured $100M for its new fund. One of their portfolio companies is the e-commerce platform Shopify (previously mentioned in the post about companies that raised funding back in December).
Last and least, we have Enlightenment Capital, that supports companies exclusively in the aerospace, defence & government sector. It held a final close of $80M on its first fund, which is actually a great result for a debut fund.
Now let’s hope that the positive trend continues, and we will see equally large investments in March! Meanwhile, remember to read the posts covering top investments of previous months.