CEE
Depo Ventures to begin raising €40m seed fund
Czech firm plans to start raising in a couple of months and close the effort by 2023
BlackRock, Temasek launch decarbonisation fund platform
Decarbonization Partners has a fundraising target of $1bn for its first fund, including capital from Temasek and BlackRock
PE players seek opportunities in minority deals, differentiated strategies
Minority investments, co-investments and other creative deals made via differentiated strategies could become even more relevant post-pandemic
Accel, IVP lead $69m series-B for Veriff
AI company has raised $92.8m to date and will use the proceeds to expand in the US market and enhance its product offering
Zubr Capital to start raising $100-150m fund in mid-2021
Firm will review placement agent pitches from early 2022, ahead of second closing
Q&A: Debevoise's Bet-Mansour and Scoville on Spacs' relevance for PE
The partners share their thoughts on why Spacs are so attractive, what sponsors should be wary of, and whether they expect a similar uptake in Europe
Ardian Buyout VII closes on €7.5bn
Fund invests in high-growth potential businesses with enterprise values of тЌ300m-2bn
KJK acquires heavy equipment provider Alwark
GP will acquire a 66% stake in the company via its €250m KJK Fund III
Peak Rock Capital Fund III hits $2bn hard-cap
Fund makes equity and debt investments in mid-market companies based across North America and Europe
Q&A: do not give up on the lower-mid-market, says Monument's Karl Adam
Monument partner Karl Adam tells Greg Gille how an opportunity to break through still exists for lower-mid-market managers in a very top-heavy market
Unquote Private Equity Podcast: Ravenous for recurring revenue
The Unquote Private Equity Podcast is back to its regular format this week, with the team looking at PE's appetite for recurring revenue models
Q4 Barometer: How European activity returned to pre-pandemic level
European PE deal value staged an impressive recovery over the course of 2020, capped by a busy Q4
MTIP holds first close for second fund
Digital-health-focused growth investor has a hard-cap of тЌ250m and target of тЌ200m for MTIP Fund II
Mid Europa acquires MCI-backed e-commerce platform Pigu
MCI will reinvest in the deal, which also sees Pigu merge with Estonia-headquartered Hobby Hall
Kartesia Senior Opportunities I holds €1bn final close
Fund provides senior financing to European small and medium-sized companies with strong credit profiles
UV T-Growth Fund holds €100m first closing
Fund targets late-stage companies, primarily across the 5G, AI, cybersecurity, cloud and Internet-of-Things sectors
L Catterton gears up for fifth European fund
Vehicle makes majority investments in companies operating across the consumer industry in Europe
Astorg Mid-Cap anticipates summer final close
Fund will make pan-European investments in mid-market companies and has a €1bn target
European GPs get top ESG marks, but diversity remains sore point - survey
Only 23% of Aberdeen Standard Investments' GPs have clear diversity targets in their portfolio companies
Back to school: education dealflow heats up as pandemic settles
Digital opportunities and long-term growth drivers have resulted in an influx of deals in recent weeks, with more in the pipeline
Industry Ventures Secondary IX closes on $850m
Fund focuses on investments in direct secondaries, LP interests, direct portfolios and tail-end funds
Capital Dynamics Global Secondaries V closes on $786m
Fund invests in a diversified portfolio of global secondaries interests in mid-market private equity funds
Aldea Ventures holds €60m first closing
Fund follows a hybrid strategy, investing both in small VC vehicles and technology startups
European fund launches off to slow start in 2021
Number of PE funds launched by European managers in Q1 this year is significantly down on the volume recorded for the same period in 2020