Private Equity: Vitruvian Partners Pulls In $4.7 Billion

https://dailyalts.com/wp-content/uploads/2020/08/Capital-Raise.jpg

Capital Raise Brings Firm Assets to Nearly $12 Billion. 

Vitruvian Partners, a UK-based private equity fund, has closed its fourth buyout fund after raking in $4.7 billion.  Vitruvian Partners launched its fund three months ago.  Its cap raise was approximately 40 percent greater than that for its previous fund, which closed at $2.8 billion.  

The private equity firm focuses on investing in high growth middle market companies in Europe.  According to a recent statement, “VIP IV reached the hard cap quickly, and was over-subscribed, in part due to Vitruvian’s long standing track record and strong alignment with investors. Vitruvian has generated top-decile performance in each of its three predecessor funds through long-term partnerships with outstanding entrepreneurs and management teams.” 

Vitruvian’s fourth fund, VIP IV, has received widespread support from investors and has partnered with 120 institutions across North America, Asia, Europe, and the Middle East.  

VIP IV fund partners represent various investment groups.  This includes Sovereign Wealth Funds, Public and Corporate Pension Funds, Banks, Insurers, and Endowments.  With VIP IV’s addition, Vitruvian’s total assets under management have reached approximately $11.8 billion.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2020/09/marketing-4596067_640.jpg
Venture Capital: Robinhood, The ‘Go-To’ Trading App For Millennials, Snags $660M
September 23, 2020     FinTech, News, Venture Capital

According to an exclusive report today by Reuters, Robinhood Markets Inc. the trading app so popular with millennials, raised $660 million in its latest Series G funding round. Robinhood previously…

https://dailyalts.com/wp-content/uploads/2020/09/af54bb21923870fd5666e2c191c9844e0c55cee9-bithumb-logo.png
Digital Assets: Bithumb, South Korea’s Largest Crypto Exchange, Is On The Block
September 23, 2020     Digital Assets, News

Korean media outfit, Herald reported Tuesday that Bithumb, the country’s biggest cryptocurrency exchange with more than 50% market share and 4.77 million members, is up for sale. The Herald quoted…

https://dailyalts.com/wp-content/uploads/2020/09/screenshot-triterras.com-2020.09.23-15_35_03.png
FinTech: Triterras’ Kratos Blockchain Platform Clocks $5B Trade Finance Volume
September 23, 2020     FinTech, News

Triterras Fintech launched its Kratos blockchain-enabled, end-to-end global trade and trade finance platform in June 2019 with the Trade Discovery module. In February 2020, Triterras added the Trade Finance module…

https://dailyalts.com/wp-content/uploads/2020/09/screenshot-www.enmotus.com-2020.09.23-14_41_24.png
Artificial Intelligence: FuzeDrive, The First-Ever AI-Enabled SSD
September 23, 2020     Artificial Intelligence, News, Venture Capital

Enmotus Inc. focuses on innovations in PC storage using its patented Artificial Intelligent algorithms. It announced Tuesday the launch of FuzeDrive, the first-ever AI-powered Solid State Drive (SSD). FuzeDrive blends…