News/Industry
Ex-Silverfleet team regroups with DACH-focused GP Sophora
Newly formed GP is raising capital from its own network with a longer-term goal of bringing in institutional investors
HPE targets year-end first close for Growth Fund III
Second stage of the GP’s EUR 300m-EUR 350m fundraise will target US and Southeast Asian LPs
Hiro eyes EUR 400 hard-cap for metaverse and gaming fund by year-end
New vehicle has raised the "bulk" of its EUR 300m target and made six deals investments to date
ICG on EUR 10bn-plus direct lending fundraise for large deals
New unitranche fund will be on par with Ares’ latest, which has a target north of EUR 11bn
Investindustrial aims for EUR 1bn close with third lower-mid cap fund
Lower-mid market strategy has sealed one first investment ahead of expected closing in coming months
Trill Impact heads for first close of VC fund at year-end
Impact investor has a EUR 300m target for the debut VC fund; new vehicle has completed one deal so far
Mayfair gears up for third flagship fund
Technology and consumer-focused GP raised GBP 650m for its previous fund in 2019
Capricorn Partners seeks EUR 25m for industrial biotech VC fund
Belgian GP plans year-end final close after raising EUR 10m from InnovationQuarter and chemicals group DSM
DC Advisory launches GP Secondaries practice with hire from Elm Capital
Michael Wieczorek will head the new practice, leveraging synergies with DC's other sponsor mandates
British Private Equity Awards: vote for the winners
Pick your winners in the shortlist for this year's Unquote British Private Equity Awards – voting closes on 14 September
Thoma Bravo opens London office, hires Inflexion’s Hemmers
Office opening comes amidst the GP’s takeover talks with UK-based security software platform Darktrace
Pantheon eyes second GP-led secondaries fund
Predecessor vehicle in the Secondary Opportunities strategy raised USD 624m in 2021 and has a two-year investment period
H.I.G. poaches Alcentra director to lead European capital markets coverage
Philippe de Limburg Stirum will transition from direct lending into private equity at new firm
Nordic Alpha to partner with business angels for greentech deal flow
Danish GP plans to raise money from 20-30 angels, giving them early access to its developing deal pipeline
Cairngorm names new MD in green push, mulls fundraising in 2023
UK-based GP makes three new appointments; fundraising for fourth larger fund expected next year
King & Spalding makes Frankfurt corporate and PE hires
New five-strong team is led by ex-Milbank partner Peter Memminger, who founded his own firm in 2017
Perwyn strengthens push to France with new country head
In his new role, former Ardian France head Mathieu Antonini will also oversee Southern Europe
Orbit Capital aims for EUR 200m with new scaleup fund
Czech GP targeting institutional investors for CEE-focused vehicle following first close at EUR 42m in December
DLA Piper bolsters French PE team with new hire
The London-headquartered law firm has hired Thomas Priolet as a private equity partner in Paris
Flexstone gears up for new secondaries fund
Filing for new vehicle follows GP's promotion of head of secondaries last month
GRO Capital opens London office
Specialist software investor hires Johan Olsson to lead UK team; Mayfair office is GP's third location
Adelis raises continuation vehicle for SSI Diagnostica
New fund, with StepStone as lead investor, allows infectious test manufacturer to buy US peer TechLab
The Bolt-Ons Digest - 19 August 2022
Unquote’s selection of the latest add-ons with Apax's Groupe Crystal, Livingbridge's CitNOW, Triton’s Fertiberia and more
AnaCap could explore Wealthtime sale in 12 months
Sponsor formed the UK-based wealth management platform via a three-business merger