Industry
Lightrock to tap net-zero scale-ups with EUR 860m climate fund
With LGT as anchor investor, London-based VC’s new vehicle exceeded EUR 600m hard cap
Qualium bets on high dry powder level to sustain exit valuations
Mid-cap sponsor nears EUR 500m Fund III target with closing expected before year-end, source says
Tilia Impact on the market for EUR 32m early-stage fund
Czech VC eyes institutionals and HNWIs for impact-driven vehicle; first close expected by March
Alantra-backed 33N aims for Q1 close for EUR 150m cybersecurity fund
Debut manager will deploy tickets of EUR 10m across 14 venture capital investments
Unigrains launches Italian unit with EUR 80m-100m investment plan
Milan-based operation will target agri-food businesses as sister fund FAI nears conclusion
Private equity buyouts hit lowest point since COVID
Amid macro uncertainty, sponsors see EUR 44.6bn deployed across 211 buyouts, in the lowest mark since Q3 2020
Volpi kicks off fund III deployment with Xalient buyout
Tech GP says specialist focus gave edge in competitive sale; will grow cybersecurity group with M&A
Fasanara targets USD 110m first close for new fund by year-end
UK-based investor in talks with institutional investors to close USD 350m VC vehicle in H1 2023
DEPO Ventures on the market for EUR 20m startup fund
Czech sponsor targets institutional investors, family offices and angel investors from CEE
Inflexion hires talent director from British International Investment
Freddy West will work with portfolio companies to accelerate businesses via human capital strategies
BVCA Summit: PEs take long-term view to ride out uncertainty
Unquote reports on discussions around ESG, continuation funds and PE democratisation at last week’s event
Financière Arbevel gears up for new life sciences fund first close
With EUR 100m target second vehicle seeks to attract regional entities of French banks
Eurazeo expects longer fundraising for flagship Fund V
EUR 3bn target to be partly funded by balance sheet; selective, resilient investments to attract LP's interest
Agilitas bolsters team with two new hires in London
Philip Krinks, Arnaud Moreels join pan-European sponsor’s ESG and investment teams
500 Emerging Europe set for EUR 70m fund close by year-end
Turkish VC’s second early-stage vehicle has so far received more than EUR 50m in commitments
Nordic Capital nears EUR 9bn final close for Fund XI
Expected to be 50% larger than its predecessor, new vehicle took six months to raise
BVCA Summit: “smart and ethical decisions” needed from PE, minister says
Economic Secretary Richard Fuller spoke about the industry’s role in the government’s growth plan
Clearwater Multiples Heatmap: PE deals at record value in Q2 as macro pressure mounts
Sponsor transactions in Europe surged to an all-time high with TMT and the UK leading the way
Down but not out: UK PE market confident in spite of sterling, macro concerns
Sponsors prepare to weather the storm and seize opportunities emerging from the crisis
Cathay reinforces PE team with a 14th partner for Paris office
French investment firm with USD 5bn AUM has appointed former Somfy VP Jean-Marc Prunet as partner
British Private Equity Awards 2022: winners announced
Congratulations to the winners of this year's British Private Equity Awards, announced last night in London
Capvis bets on LP pivot to ‘traditional’ sectors from venture, growth strategies
GP is in pre-marketing for sixth fund targeting around EUR 1.2bn, according to a source
Squire Patton Boggs bolsters German PE team with Linklaters hire
New partner Sascha Konwalski joins Frankfurt office; US law firm to open new offices in Europe
Novalpina fund exits Laboratoire XO to Stanley Capital
French drug maker is the first divestment from liquidated fund Novalpina I, now managed by Berkeley Research Group