EQT's €5bn Scaleup Europe Fund has made its initial investment, committing €450m to ICEYE. This significant backing values the satellite operator at over €10bn and represents the first deployment from what is now Europe's largest growth capital vehicle of its kind.

This commitment is part of a larger €1bn financing round for ICEYE. In other news, a Milan-headquartered platform announced on August 4th that it has surpassed €3.4bn in assets under management, solidifying its position as a major manager of Italian mid-market private capital. This platform's growth has been substantial.

Additionally, a new fund has acquired a diverse portfolio valued at approximately $754m from MetLife affiliates. This acquisition includes private equity, venture capital, and co-investment interests, with total funded and unfunded commitments reaching $966m. These developments highlight active and substantial movements within the private equity landscape.