At a glance
- VDK Groep is a Netherlands-based technical installation services group with operations in the Netherlands, Germany, Austria, Switzerland and Sweden, according to PE Hub.
- Meridiam closed a $4.5 billion continuation vehicle without disclosing a price; the fund extends ownership of 15 assets.
- Hg raised about €1 billion in a first close for its debut GP-led secondaries fund, putting the vehicle past halfway to a €1.75 billion target, AltAssets reported on Oct.
LGT and Coller EQT are co-leading a €1.25 billion continuation fund for EMK Capital's VDK Groep, PE Hub reported on Oct. 15. The report did not include a price for the transaction.
VDK Groep is a Netherlands-based technical installation services group with operations in the Netherlands, Germany, Austria, Switzerland and Sweden, according to PE Hub.
Other continuation funds
Meridiam closed a $4.5 billion continuation vehicle without disclosing a price; the fund extends ownership of 15 assets. Energy Capital Partners raised an $834 million vehicle for Next Wave Energy Partners, in which investors in its $3.3 billion Fund IV could cash out or roll at an election price that was not disclosed.
Continuation vehicles in play: $4.5bn Meridiam to €1.25bn VDK
Disclosed vehicle sizes, currency as reported
- Meridiam — infrastructure vehicle4.5 billions ($/€, as re
- LGT / Coller EQT — EMK's VDK Groep1.25 billions ($/€, as re
- Energy Capital Partners — Next Wave0.83 billions ($/€, as re
Show as table
| Item | Value (billions ($/€, as re) |
|---|---|
| Meridiam — infrastructure vehicle | 4.5 billions ($/€, as re |
| LGT / Coller EQT — EMK's VDK Groep | 1.25 billions ($/€, as re |
| Energy Capital Partners — Next Wave | 0.83 billions ($/€, as re |
Hg raised about €1 billion in a first close for its debut GP-led secondaries fund, putting the vehicle past halfway to a €1.75 billion target, AltAssets reported on Oct. 15. StepStone has raised more than $3.1 billion toward a $6 billion target for its sixth private equity secondaries fund, AltAssets reported on Oct. 14, citing newly amended U.S. regulatory filings; that total is not a final close.
Reported by The Wrap desk from PE Hub, AltAssets and our records. Published . Corrections