Buyout
Next Wave closes second fund on £27m
Next Wave Partners has closed its second fund on £27m, exceeding its initial target.
Vendis Capital closes latest fund on €111.5m
Vendis Capital has announced the third and final closing of its Vendis Capital I fund at €111.5m, ahead of its €100m target.
Caser launches €40m Spanish fund
Spanish insurance company Caser has launched a private equity fund with a target of €40m.
Wise makes first investment from Wiseequity III
Private equity firm Wise has made the first investment from its Wiseequity III fund with the recent buyout of EidosMedia in conjunction with Aksia Group.
Atlantic Bridge launches second fund with €85m commitments
Atlantic Bridge has announced the first close of its Atlantic Bridge II fund, with €85m committed.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on €420m.
Carlyle spin-out Resource closes debut fund
Despite challenging market conditions, successful fundraising in the CEE region is not out of reach, as Kimberly Romaine finds out.
Litorina IV closes on SEK 2.5bn hard-cap
Litorina has closed its latest fund, Litorina IV, having reached its hard-cap of SEK 2.5bn.
Inflexion closes £375m buyout fund
Inflexion Private Equity has held a first and final close of its 2010 Buyout Fund, having raised £375m.
Augur Capital holds €70m first closing on latest fund
Augur Capital has held a first closing at €70m for its Augur FIS Financial Opportunities II fund.
Three managers spin out from KBC Private Equity
Three former executives of Belgian investor KBC Private Equity have spun out to form new small-cap, later-stage outfit Think2Act Partners, according to local press reports.
German buyouts: the giant stirs?
Despite encouraging macroeconomic signs and increasing buyout activity elsewhere, the level of deal completions in the German buyout market remains well below par. What chances are there of an up-tick in this giant market? Julian Longhurst investigates.
Blackstone’s sixth fund on track with $13.5bn
Blackstone Group said it has raised $13.5bn so far for its sixth private equity fund, BCP VI. Last year, Blackstone had lowered its initial $20bn target to between $15bn-20bn.
Talks over Candover Investment Plc takeover terminated
A statement issued today by Candover Investments Plc confirmed that discussions with a potential bidder for the company have been terminated.
CapMan Buyout IX reaches final close
CapMan Buyout IX fund has raised €294.6m at final close.
Auctus launches third fund
German private equity house Auctus Capital Partners is looking to raise €150m for its latest vehicle AUCTUS III.
Buyout funds: The Alpha factor
Alpha plays a significant role in private equity buyout fund proceeds, accounting for almost a quarter of overall returns. John Bakie reports.
All-equity deals on the rise in 2010
The proportion of all-equity deals being executed by private equity players is on the rise once again, as the debt-underwriting markets continue to lag behind a revival in deal activity, forcing investors to fully back deals to meet vendor deadlines.
Polaris closes third fund at €365m
Polaris has completed a final closing of its third fund at €365m, breaking its original €350m target.
HitecVision Asset Solutions closes on $420m
HitecVision has closed its latest fund at $420, more than $100 over its original target after four months of fundraising.
Spinouts: Private equity goes private
With the MBO of Barclays Private Equity from its listed parent bank Barclays underway, 2010 is likely to see at least one more spinout. This is the latest in a long line of private equity funds leaving their financial institutions to make their own way...
Morgan Stanley’s secondaries fund exceeds $500m target
Morgan Stanley's Global Secondary Opportunities Fund, has raised $585m, exceeding its $500m initial target.
Nazca nears final close; to hit €200m hardcap
unquote” has learnt Nazca Nazca Private Equity is nearing the final close of its third fund. The vehicle has been oversubscribed, surpassing its €150m target and hitting its hardcap – set at €200m.
LDC backs SMEs with new £100m commitment
Lloyds Development Capital has committed £100m over the next three years to back businesses in the South West and South Wales, the Thames Valley and the home counties.