Articles by Katharine Hidalgo
WGAM buys minority stake in Validus
Validus is a financial risk management firm with offices in the UK in London and Eton
Highland Europe leads £18.9m round for Modulr
Existing investors including Frog Capital and Blenheim Chalcot also participate
BDC IV holds first close
To date, the Teachers' Retirement System of Louisiana has invested ТЃ50m in BDC IV
Inflexion-backed Global Reach acquires Encore FX's Canada operation
On 30 March 2020 Encore FX filed an assignment in bankruptcy in Canada with EY as the trustee
Merian Chrysalis leads £30m in Featurespace
Following completion, IP Group will hold a direct undiluted beneficial stake of 19.7%
3i posts 6% gross return for PE, down from 20% for FY 2019
3i made three new investments in the financial year for a total of ТЃ413m and completed 13 bolt-ons
Piper promotes McAlpine to investment manager
McAlpine has previously worked at strategy consultancy Parthenon-EY and at Oakley as an analyst
GP Profile: Riverside Europe
Karsten Langer discusses how the firm's portfolio is coping with the coronavirus crisis, as the GP raises its sixth-generation fund
SCP acquires Bain Credit-backed TM Lewin
SCP acquires the business as a going concern, taking over the entire store network
Acquisition prices for SMEs decline in Q1 2020 – research
Prices paid to acquire SMEs declined significantly to 9.3x EBITDA in the first quarter of 2020
Axa Venture-backed Cognism acquires Mailtastic
In March 2020, Cognism raised $12m in a funding round led by Axa Venture Partners
LGT buys Bridgepoint-backed 5aSec in debt-to-equity swap
Bridgepoint has sold its equity stake in 5aSec for a symbolic €1, which sees the firm wholly exit
IK hires Aoun as head of capital markets
Aoun joins IK from KKR, where he was a principal focusing on private credit and capital markets
Bain Capital-backed Fintyre sells two businesses
Fintyre filed for insolvency for many of its Germany-based subsidiaries in February 2020
Cambridge Associates hires Gunnee
Gunee joins from Mercer, where he was a partner and head of fiduciary management
Eight Roads-backed Picsolve enters administration
Deloitte has been appointed to find a buyer for the whole company or for a part of it
ING Ventures leads £4m bridge funding for Countingup
Triple Point, CVentures and Big Start Ventures also co-invest in the funding round
HLM and Illumina lead $71m round for LetsGetChecked
In mid-March, the company offered its coronavirus test to Irish healthcare authorities
Towerbrook to inject €100m in BC-backed CarTrawler in debt-for-equity swap
CarTrawler has тЌ120m of its TLB and тЌ25m of revolving credit facility debt outstanding
BGF releases 2019 results, reports operating profit of £133m
BGF invested more than ТЃ200m in 45 new companies and provided a further ТЃ144m in follow-on funding
EQT Ventures leads $12m series-A for Peanut
Since the outbreak of Covid-19, engagement on London-based Peanut has increased by 30%
Investors participate in N26 $100m series-D extension
N26 will continue to invest in growing its presence across 24 European markets and the US
Andera hires Argos Wityu's Jay
Andera is currently deploying a series of funds, including BioDiscovery V and Winch Capital 4
Dawn Capital appoints Inflexion's Brown
Hannah Brown is joining from her position as assistant director at Inflexion Private Equity