LGT and Coller EQT co-lead EMK Capital's €1.25 billion VDK continuation fund

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.

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.

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.