CEE
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 €12.7bn
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
BaltCap sells Ecoservice to PE-backed Eco Baltia
BaltCap's exit comes seven years after the GP acquired a 75% stake in Ecoservice for €16.4m
EQT Growth leads €250m series-F round for Vinted
Latest round brings the total amount Vinted has raised to nearly €500m
Abingworth Clinical Co-Development Fund 2 closes on $582m
ACCD 2 finances the development of late-stage clinical programmes of pharmaceutical and biotechnology companies
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
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, Financière Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of €165m
FlyCap targets €25-35m for mezzanine fund
Latvian government's development finance institution Altum commits around 60% of the fund
LP Profile: PFR increasingly eyeing funds outside Poland
Polish LP has invested €75m in four private equity firms in recent months, including Apax Partners, PAI Partners and Avallon MBO
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
AlpInvest Co-Investment Fund VIII closes on $3.5bn
ACF VIII invests alongside GPs in private equity buyouts and growth capital transactions across a variety of sectors
Endeavour Vision closes Medtech Growth II on $375m
Fund is 30% larger than its predecessor and will continue to focus on medtech growth investments
Inovo II holds €54m final close
Fund intends to fuel the development of the startup ecosystem across the CEE region
Cusp Capital announces €300m debut fund
Newly launched VC is led by former Tengelmann Ventures partners and managing directors
Primo Digital Fund launches with €80m target
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
Resource Partners buys dog food maker Atlantic Products
GP plans to merge Atlantic with portfolio company Maced, in which it acquired a majority stake last year