Industry
Oaktree provides €275m in financing to Inter Milan
Following the deal, Suning and LionRock pledge their stakes in the company as collateral
RBS appoints new fund finance director in Luxembourg
Bank appoints Philip Prideaux to drive its Luxembourg funds banking offering
Eurazeo to ramp up divestments over next 24 months
Firm also expects fundraising to exceed the previous record of €2.9bn set in 2020
Polaris launches flexible capital strategy with DKK 1bn fund
GP starts raising a DKK 1bn fund for the new strategy and plans to hold a first close after summer this year
Management buys majority stake in Aurica Capital
GP is currently investing its third fund, which is dedicated to growth capital investments in mid-market companies
Mobeus hires three in growth team
Investment director Joe Krancki joins from Frog Capital, where he was a partner
Q1 Barometer: Total European deal value reaches new decade high
The latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments, is now available to download
Creandum expands investment team in Stockholm and London
Sabina Wizander returns to Creandum as partner after spending four years at portfolio company Kry
EQT's Suse sets share price for €5bn IPO
Listing of the open-source enterprise software business is expected on 19 May 2021
Alpha appoints Zanotelli as director in Italy
In his new role, Livio Zanotelli will focus on identifying new investment opportunities across Italy
Sanne rejects Cinven's £1.3bn offer
Cinven's proposal amounts to 830 pence per share, representing a 37.6% premium to Sanne's shares price of 603 pence
Digital+ Partners gears up for fundraise
GP focuses on later-stage B2B technology companies and closed its previous fund in 2018 on €350m
Q1 DACH VC and growth deals surpass previous volume high
Deal volume has grown steadily since Q2 2019; aggregate value has also been rising since Q2 2020
PE funds raised in pandemic increasingly target TMT opportunities
GPs' origination preferences and 2020 investment volume have already shown a clear shift to technology investments, with new fundraises following suit
Apposite Capital announces new appointments
Talent and human capital director and investment manager are among the new appointments at the UK-based GP
Hg-backed MeinAuto postpones IPO
Car sales platform cited "currently adverse conditions for high-growth companies" in a statement
ABN Amro backs ESG-linked facility for AlpInvest
Facility is for AlpInvest Co-Investment Fund VIII, with interest payments linked to ESG performance
Investec provides ESG-linked NAV facility for Bluewater
Facility is related to the portfolio of Bluewater Energy Fund I, which closed in 2013 on $861m
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
YielCo holds closes for PE and co-investment funds
YielCo Special Situations Europe II is targeting тЌ300m; YielCo Defensive Investments targets тЌ150m
Azimut buys 30% stake in VC house P101
With this partnership, Azimut and P101 intend to develop a European platform to fuel the growth of innovative companies
Capza appoints Gauffre as head of sustainability and impact
In her new role, Gauffre oversees the structuring and development of Capza's ESG strategy and CSR policy
Andera Partners lines up DACH expansion plans
Starting with BioDiscovery 6, the GP intends to accelerate fundraising and deal-making in the region
17Capital makes raft of senior promotions
Firm appoints new managing partner and two new co-heads of credit