CEE
PFR cuts its stake in Enel Russia
Changes are related to the planned change in the ownership structure within Enel Russia's consortium of investors
Q2 Barometer: Coronavirus ravages European M&A market
After the first effects of the Covid-19 crisis were felt in March, the European private equity market decelerated sharply in Q2
HSBC Vision Private Equity 2020 closes on $260m
Fund targets a variety of private equity opportunities, from primaries and secondaries to direct co-investments
Innova exits Trimo to trade
GP acquired the company in a 2015 buyout from a group of Slovenian banks, including Nova Ljubljanska Banka
Genesis acquires Home Care Promedica
GP is investing from its Genesis Growth Equity Fund I, a vehicle that held a first close on €31m in 2019
Horizon leads $5m round for Liki24
Fresh capital will be used to finance the company's further expansion in Europe
Ceecat Capital on road for Fund II
Vehicle is the first to be raised since Ceecat Capital span out from ADM Capital in 2018
Jet Investment plans Jet 3 launch for late 2021
New vehicle's target is almost double the €153m that Jet raised for its second fund
ICG launches second recovery fund
Second vehicle will be larger than its predecessor, which closed on тЌ843m in March 2010
Genesis buys majority stake in R2B2
Deal is the first from the GP's Genesis Growth Equity Fund I, which is targeting €40m
Axon launches €150m fourth innovation growth fund
Fondo Axon Innovation Growth IV acquires minority stakes in technology businesses with high-growth potential
Heal Capital, EBRD in $10.25m series-A for Infermedica
Round also saw participation from existing investors Karma Ventures, Inovo Venture Partners and Dreamit Ventures
Horizon exits Glass Container to Vetropack
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
CMS hires five in Polish transactions team
All five lawyers have joined from Clifford Chance and will focus on mandates for private equity firms
One Equity Partners invests in Infobip
GP has reportedly invested €200m in the company, valuing it at more than $1bn
DACH buyout market weathers Covid-19 impact, UK and France suffer
Germany emerged as the busiest region in Europe in Q2, albeit with a low volume and aggregate value of deals by historical standards
Programma 102 closes on €100m
VC will launch a new vehicle by the end of the year, with a тЌ100m target, to focus on complementary asset classes
Unquote Private Equity Podcast: Calling tech support
This week, the Unquote Podcast talks all things technology with Intuitus chief commercial officer Adrian Astley Jones
Blackstone-backed Superbet acquires Lucky 7
Blackstone acquired a minority stake through its Blackstone Tactical Opportunities Fund I in 2019
V4C-backed Kom-Eko buys Lubelska Agencja Ochrony Srodowiska
Value4Capital acquired Kom-Eko from Royalton Partners in November 2018 via its V4C Poland Plus Fund
PE exits hit decade low in Q2
Volume of exits by PE players across Europe fell by 43% year-on-year in Q2 2020 as the coronavirus crisis took hold, according to Unquote Data
Taxim acquires Doganay Gida
Under Taxim Capital's ownership, Doganay Gida plans to accelerate its growth
PE secondaries volume cut by more than half in H1 - survey
Private debt fund secondaries were hit even harder with an 81.8% plunge, Setter says
Nuveen Global Impact Fund holds $150m first close
Fund invests in growth-stage companies in developed and emerging markets, with a focus on resource efficiency