Benelux
Merieux Participations 4 holds €300m first close
MP4 provides equity tickets of тЌ20-80m, with a sweet spot of тЌ40-45m, targeting the health and nutrition sector
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching тЌ12.7bn
RBS appoints new fund finance director in Luxembourg
Bank appoints Philip Prideaux to drive its Luxembourg funds banking offering
OpenGate heads for third fund launch targeting up to $700m
GP is currently investing its second fund, which held a final close on $585m in November 2019
Neuberger Berman launches ELTIF
Fund focuses on buyout opportunities blended with some growth and structured equity
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
Top Tier Capital closes European fund on €260m
Fund makes primary and secondary investments in venture capital funds and co-investments in select portfolio companies
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
ABN Amro backs ESG-linked facility for AlpInvest
Facility is for AlpInvest Co-Investment Fund VIII, with interest payments linked to ESG performance
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
Airbridge Investments contemplates new fundraise
Fund could tap family offices and wealthy individuals, while the VC's founders have so far invested their own capital
Park Square Capital Partners IV closes on €1.8bn
Fund invests in primary and secondary subordinated debt in both performing credit and dislocated debt
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Gimv buys minority stake in Projective Group
Digitalisation consultancy and recruitment business intends to pursue a buy-and-build strategy
Fundraising fortunes: prevailing LP preferences persist
Alessia Argentieri looks at the winning strategies, and gathers insight from placement specialists as to what the rest of 2021 has in store
Tikehau's SPAC Pegasus raises €500m
Tikehau, FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of тЌ165m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its тЌ6.5bn predecessor
MessageBird raises $800m series-C extension
The $1bn funding is reportedly Europe's largest ever series-C round
Endeit Capital holds final close for third fund on €250m
Fund II closed on тЌ125m in 2016; Fund III will continue to invest scale-up capital in European startups
Egeria acquires NIBC-backed Fletcher Hotels
NIBC backed Fletcher's 2016 MBO; Fletcher plans to grow from 103 to 150 hotels in the coming years
Prosus, Tencent lead $80m round for Bux
ABN Amro, Citius, Optiver and Endeit take part in the round, alongside previous backers HV Capital and Velocity
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
Columbus Life Sciences Fund III closes on €120m
Fund invests in early-stage and high-growth opportunities across the life sciences and pharmaceutical industries