CEE
RUSSIA - Mangrove and ABRT pour USD 1m into EnterMedia
According to sources, Mangrove Capital Partners and ABRT have injected USD 1m into EnterMedia, a Russian in-game advertising company.
EUROPE - Carlyle closes third European real estate fund on EUR 2.2bn
The Carlyle Group has closed its third European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III), on EUR 2.2bn, exceeding its EUR 1.5bn target. Including leverage, the vehicle will have an investment capacity of EUR 9bn.
GLOBAL - Intel defies economic downturn
Despite the global credit meltdown and resultant sombre sentiment in the investment markets, Intel Capital has invested more than $60m across ten deals in the last couple of weeks.
EUROPE – Björn Savén as executive chairman of Industri Kapital
Industri Kapital has appointed Björn Savén as executive chairman.
CEE - Allen & Overy opens in Bucharest
Allen & Overy is to open an associated office in Bucharest with Romanian law firm Radu Taracila Padurari Retevoescu.
Not mezz-ing around
Now that the door has firmly shut on cheap debt and new types of junior products, mezzanine has a way into capital structures again. But it still faces competition and challenges in today's market. Linn Ronning speaks to mezzanine specialists to find...
EUROPE - Mezz cashes in on new markets
One man’s loss is another man’s gain and nowhere is this clearer than in the subordinated debt market right now. Anecdotal evidence suggests the layer is set for its headiest days yet, with mezzanine now accounting for up to 2x EBITDA on average in...
CEE - Innova Capital promotes partner
Innova Capital has promoted Arkadiusz Podziewski to partner.
RUSSIA - Deutsche Bank appoints new Russian heads
Deutsche Bank has appointed Igor Lojevsky as chief country officer in Russia. Following the appointment, Charles Ryan will become Chairman of Deutsche Bank in Russia.
CEE - Winners announced for unquote'' CEE Private Equity Awards 2008
unquote” is delighted to announce the winners of the unquote" CEE Private Equity Awards 2008 held last night at the The Royal Horseguards in London.
CEE - East Capital launches real estate fund
East Capital Private Equity has launched the East Capital Russian Property Fund, a EUR 200m real estate fund designed to invest in commercial and residential properties in Russia, Ukraine and Kazakhstan.
FINLAND/RUSSIA - CapMan buys Russian private equity firm
CapMan has acquired Russian private equity firm Norum and will take over ownership of Norum Russia Fund III, which is currently in the fundraising process. The intial purchase price is EUR 3.4m, which will increase as the fund size increases.
RUSSIA - Lion Capital to acquire Russian Alcohol
Lion Capital is to acquire a majority stake in Russian Alcohol Group. Goldman Sachs and Central European Distribution Corporation, a vodka producer in Poland and Russia, will also co-invest in the company.
TURKEY – Turkven invests in Tekin Acar
Turkven has invested in Turkish cosmetics retailer Tekin Acar.
EUROPE – Capricorn closes EUR 100m fund
Capricorn Venture Partners has closed its third venture capital fund, Capricorn Cleantech Fund, on EUR 100m.
RUSSIA – Renaissance and Da Vinci lead USD 50m round for EPAM
Renaissance Capital and Da Vinci Capital have co-led a USD 50m funding round for EPAM Systems, a provider of software development outsourcing in Eastern Europe and Russia. Euroventures Capital also participated in the financing.
SWITZERLAND/CEE – PEF invests EUR 35m in PharmaSwiss
Polish Enterprise Fund VI (PEF), a private equity partnership managed by Enterprise Investors, has invested EUR 35m into PharmaSwiss SA, a provider of support services to the pharmaceutical industry and portfolio company of HBM BioVentures.