CEE
Invalda INVL launches buyout fund
New fund will target companies in the Baltic region with turnover between €20-100m
Rocket Internet launches second fund
Rocket Internet Capital Partners I held a final close on its $1bn hard-cap in January 2017
Ares closes fourth direct lending fund on €6.5bn
Final close comes within six months of launch, with the fund oversubscribed for its тЌ4.5bn target
Reshaping the GP shareholding landscape
As the private equity market matures, shareholding structures of GPs are being reshaped, with a number of M&A transactions and minority stake sales
Insight closes 10th fund on $6.3bn
Total is 5% more than the fund's $6bn target and 32% more than the $4.75bn raised by its predecessor
Highlander Partners opens Romania office
GP has opened its inaugural office in the region after entering the Polish market in 2008
Turkven-backed Alpha Flexibles to invest in Elif
Alpha Flexibles is controlled by a group of international investors that are advised by Turkven
Abris acquires ITP
Company plans on expanding into the aesthetic medicine markets in China and the US
EI acquires Unilink
Unilink intends to become the largest insurance distribution company in the CEE region
Genesis hires two for investment team
New hires will reinforce the investment team and will be active in planned fundraising
ICG approaches first close for seventh European fund
ICG Europe VI held a final close on тЌ3bn in July 2015 and was 60% invested as of September 2017
Partners Group's private equity AUM increases 7%
Switzerland-based firm announces тЌ2.37bn new commitments for its private equity strategy
SGG Group buys Augentius in fund admin consolidation play
Transaction would make SGG the fourth largest investor services firm worldwide with $400bn AUM
Allocate 2018: Risk-return for maiden managers and spin-outs
First-time vehicles have enjoyed historically good fundraising conditions over the last two years
SWFs consider reducing PE allocations – survey
Private equity remains among the most popular asset classes in the alternatives space
Bregal Milestone holds €400m final close for debut fund
Fund will make non-control investments in European family- and founder-led businesses
EIF seeks manager for Croatian fund-of-funds
Selected fund managers will be expected to attract private capital to be co-invested
Abingworth closes 12th fund on $315m
ABV VII will follow the same strategy as its predecessor, investing in early- and late-stage deals
Investors report data concerns for ESG in alternative investments
ESG is a relatively new topic for pension funds in the UK, they are interested in understanding its impact on them, finding out the best practises, adapting to the relevant regulation
Allocate 2018: ESG gains traction with European LPs
Numerous reports and studies have shown that LPs are increasingly concerned about their GPs' environmental, social and governance policies
Abris acquires WDX
Co-founder and current chairperson Bąkowski will continue as president of the board of WDX
Arx Equity Partners acquires TMX
GP will partner with the company's senior management, who retain a significant minority stake
Bolt-on activity flourishes in CEE region
As the region continues its convergence with the west, a decrease in perceived risk is paving the way for increasing buy-and-build activity
INVL launches Baltic Sea Growth Fund
Fund will focus on acquiring minority stakes and will take an active role in management