Funds
Carlyle CEE spin-out exceeds €100m mark
Carlyle spin-out Resource Partners has raised more than €100m towards its debut fund after teaming up with AXA Private Equity, which is contributing €50m. Resource, Central & Eastern Europe’s only first-time fund to raise money in 2009, overcame market...
Barclays puts stop to venture arm
Barclays has stopped any new investments under its private equity division, Barclays Ventures.
Conor reaches first closing on €46.5m
Finnish venture firm Conor Venture Partners has reached the first closing of its newest early-stage vehicle, Technology Fund II on тЌ46.5m.
unquote" 4 May 2010
Buyout activity in the UK has been growing now for six consecutive quarters as the industry recovers from the financial crisis.
Polaris plans second close of third fund in May
Nordic private equity house Polaris is set to holding a second close of its third buyout fund in May this year.
BaltCap unveils €20m Lithuanian risk capital
BaltCap and European Investment Fund have signed an agreement to set up a €20 million risk capital fund for small and medium Lithuanian enterprises.
USS acquires $135m interest in NB secondaries fund
The Universities Superannuation Scheme (USS) has acquired a $135m interest in the Neuberger Berman (NB) Secondary Opportunities Fund II from the Lehman Brothers Estate.
Recovery fund: releasing the shackles of debt
ICGтs new recovery fund specifically supports companies chained down by over-leverage, rather than loss-making businesses that require a complete turnaround. Francinia Protti-Alvarez investigates
Carlyle's Argon GmbH makes takeover offer for listed P&I
Carlyle Group-backed Argon GmbH & Co KG has made a voluntary public takeover offer for Personal & Informatik (P&I) AG.
Montezemolo & Partners acquires 60% of Octo Telematics
Montezemolo & Partners PEH has acquired 60% of Octo Telematics from Meta System Group.
ADM holds first close of CEE Recovery Fund on €100m
ADM Capital has held a first close of CEECAT Recovery Fund on €100m. The fund will invest in Central and Eastern Europe, Central Asia and Turkey.
Covesco Venture seeks to raise EUR 50m DACH seed fund
Covesco German Seed Fund GmbH & Co. KG has launched its maiden vehicle, German Seed Fund, targeting €50m.
Neuberger Berman to launch distressed debt fund
Private Equity investor Neuberger Berman, plans to launch NB Distressed Debt Investment, a fund targeting asset-backed senior debt.
Primus Capital raises fund to invest in Hungarian SMEs
The Hungarian market watchdog PSZÁF has given the green light to Primus Capital to commence investing its Ft6.2bn (roughly €23.5m) Primus III Kockázati Tőkealap fund.
Bridgepoint Development Capital set up Paris team
Bridgepoint Development Capital (BDC) has set up an office in Paris led by Pierre Colasson.
ISAI hold €24m close of venture fund
ISAI, launched in 2008, has held a first close of €24m of its ISAI Developpement fund.
I2BF to raise Global Cleantech growth capital fund
International cleantech asset manager I2BF has launched Venture Fund II, a $100m global renewable energy and cleantech-focused growth capital fund.
ICG closes recovery fund on €843m
London-based alternative asset investor Intermediate Capital Group (ICG), has reached the final closing of its тЌ843m ICG Recovery Fund.
Diana Capital seeks €175m for second fund
Spanish lower mid-cap specialist Diana Capital has confirmed that fundraising has begun on a new €175m-target vehicle.
Biotech IPOs under investor microscope
The recent flurry of biotechs seeking to raise capital on the public markets could prove mistimed as question marks are raised over investor appetite. FranУЇois Rowell investigates.
Deutsche Bank launches €6bn fund-of-funds
Deutsche Bank is set to launch DB Private Equity, a €6bn private equity fund-of-funds.
21 Partners hold €300 second close of fourth fund
21 Partners has held a second close of 21 Centrale Partners IV just over €300m.
Deutsche Bank launches PE fund of funds unit
Deutsche Bank is launching a new private equity fund-of-funds unit as part of its asset management business, according to reports.
Hermes and Gartmore deliver consolidation message
Hermes and Gartmore lead the consolidation of the fund-of-funds industry with the creation of Hermes GPE. Deborah Sterescu reports.