Funds
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.
Cubera reaches final close on secondary fund
Cubera Private Equity has reached final close for its secondary fund Cubera V.
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....
ABP and OMERS launch INKEF Capital
ABP and OMERS have launched INKEF Capital, a тЌ200m venture capital fund.
LGT closes secondaries fund on €1.2bn
LGT Capital Partners has reached final close for its Crown Global Secondaries II plc fund, on $1.2bn.
Report: Nordic private equity is warming up
While buyout markets in the rest of Europe are only showing modest signs of stirring, activity levels in Europeтs most northerly region are picking up nicely, indicating that the two-year winter for local buyout investors may be giving way to spring....
Pacific Corporate and Enste team up for cleantech fund
Pacific Corporate Group has joined forces with Norbert Enste, former partner at Bankhaus Metzler, to launch a Europe-based cleantech investment vehicle.
Partners Group closes mezzanine fund on €553m
Swiss-based Partners Group has closed its mezzanine fund Partners Group European Mezzanine above target at тЌ553m. The fund attracted investments from corporate and public pension plans, insurance companies, financial institutions, endowments as well...
OFI Private Equity Capital looking to raise €35m
Listed private equity house OFI Private Equity Capital (OPEC) is issuing new shares, for a total capital increase of тЌ35m.
Seventure Partners leads investment in Nutrionix
Previous investors Seventure Partners have worked with seven business angels to provided additional funding for Nutrionix.
Private equity LPs flock to the Nordic region
The Nordic private equity model is becoming increasingly attractive, according to industry experts. Rikke Eckhoff reports from the unquoteт Nordic Private Equity Congress in Stockholm.
Venture Capital: Corporates rev up their investments
US car giant General Motors has become the latest corporate to enter the venture fray, recently announcing it had established a $100m fund to invest in early-stage companies. Like traditional VC investors, this and other corporate funds will, no doubt,...
General Motors launches venture fund
General Motors has launched a $100m venture capital fund, targeting automotive-related technologies.
Renewable energy: When will activity match the spin?
There is clearly a buzz around the cleantech space in general and the renewable energy market in particular. And why not? After all if we are to face up to the challenges presented by global climate change we will need to invest massively in this area...
Industry veterans launch new Russia fund, Elbrus Capital
Three industry veterans are launching a new Russian private equity investment company, Elbrus Capital, after they bought out the assets of Renaissance Private Equity from the Renaissance Group at the end of 2009.
Fundraising: Funds trickle into the market
A raft of funds have recently closed, but it may come as a surprise to discover they broke their initial targets in a tough fundraising environment. HitecVision, Phoenix and Polaris have all successfully raised the capital they needed to start their latest...
Polaris closes third fund at €365m
Polaris has completed a final closing of its third fund at тЌ365m, breaking its original тЌ350m 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.
Lehman mezzanine unit spun-out to Neovara
Lehman Brothers European Mezzanine Partners has been spun-out by its management team.
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 ТЃ100m over the next three years to back businesses in the South West and South Wales, the Thames Valley and the home counties.