Benelux
EUROPE - Final quarter records lowest deal value for a decade
Though it will come as no surprise that private equity investment in Europe dropped considerably in the final quarter of 2008, the scale of the decline just might; with deal value sliding 59% against the preceding three months from around EUR 20bn to...
GLOBAL - CalPERS hires investment chief
US pension fund CalPERS has appointed Joseph Dear, the head of the Washington state fund, as its new chief investment officer following a nine-month search.
NETHERLANDS/UK - PTV fund reaches EUR150m target; expands team
Amsterdam and Cambridge based venture capital firm, Prime Technology Ventures (PTV), has reached the EUR 150m target for its latest fund and is approaching its hard cap despite the difficult fund raising climate.
GLOBAL - Blackstone to invest in South Korea
According to reports, Blackstone Group will open a unit in South Korea in January.
BELGIUM - LSRP and Hunza Ventures in B-round for Cardio3 BioSciences
Belgian investment group Life Science Research Partners has particapted in a EUR 7.2m in a series-B round for biotech company Cardio3 BioSciences alongside new and existing investors.
EUROPE - Unigestion to raise two funds in 2009
According to reports, Geneva-based Unigestion will raise two new funds in 2009: a secondaries fund targeting EUR 150m, and a sustainable development vehicle with a USD 250m target.
LUXEMBOURG - IDeA acquires Blue Skye
IDeA Alternative Investments and DeA Capital have acquired Blue Skye Investment Group from DB Zwirn together with management. The vendor retains a minority stake in the company.
LUXEMBOURG - AFINUM acquires Wallenborn
German private equity house AFINUM Management GmbH has acquired transport logistics firm Wallenborn Group in a deal valued at EUR 25-50m.