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Quarterly overview

European fund closings, Q4 2025

Close Index lists 77 European funds whose source was published in Q4 2025: 56 venture capital, 4 growth and 17 buy-out funds. 24 of them reported a final close, totalling €9.3bn.

Grouped by the publication month of each linked source, not by the closing date. The total covers final closes with a reported size only; first closes and targets are not added. Coverage may be incomplete.

All 77 funds

MethodologyFirst close explained