CEE
Jet Investment divests Less & Timber
Deal ends a four-year tenure for Jet Investment, and includes a power plant subsidiary
Golding launches 2018 buyout strategy
Vehicle was registered in Luxembourg at the end of May as Golding Buyout 2018 SCS SICAV-FIAR
Bregal launches €40m ESG-dedicated fund
Bregal Sustainable Development Fund will provide loans on favourable terms to portfolio companies
Astorius holds final close for ACF III on €49m
Strategy is marketed as a private equity product for semi-professional investors in Germany
Colony to acquire four Abraaj funds
Deal includes Abraaj's stakes in the funds along with staff in eight offices
PE-backed Nets acquires Dotcard in €73m SBO
Investor MCI Management and insurance company Saltus TUW sell their joint asset
Q1 entry multiples drop to lowest level since Q1 2016
PE deal valuations drop for the third consecutive quarter, as the Nordic region continues to see the highest entry multiples
Szymański to leave Waterland's Warsaw office amid departures
Szymański joined the firm in February 2015 to lead Waterland's operations in the Polish market
Insight, Bessemer lead $50m series-C for Pipedrive
Latest funding round brings Pipedrive's total venture capital funding to date to $80m
Abraaj files for liquidation in Cayman Islands
GP is seeking a court-supervised restructuring in the Grand Court of the Cayman Islands
Highlander-backed Akomex bolts on Plano Pack
Investment comes eight years after the US and CEE-focused GP acquired its portfolio company Akomex
UFG launches fourth fund
Moscow-based private equity investor to raise a fourth buyout fund to invest in the Russian mid-market
US investors lag behind Europe on responsible investing – report
Survey finds that 47% of European-based institutional investors have established an RI policy
MCI launches tender offer to wholly own MCI Capital fund
Offer is for 19,003,988 MCI Capital shares in a bid to wholly acquire the fund's shares and votes
Co-investment: Dancing to a new tune
Co-investment has evolved from a value-add into an industry staple, but debate remains as to whether the strategy favours LPs and GPs equally
VC fuels Europe's journey towards self-driving future
Despite the long-term nature of investing in autonomous vehicles and high barriers to entry, fund managers are finding routes into the segment
EI acquires Studenac
Studenac aims to accelerate the development of its regional store network
Abraaj seeks standstill deal with creditors
Firm has been embroiled in an investor conflict since the beginning of 2018
LP competition heats up for stakes in GP management companies
One in six LPs is taking stakes in GP management companies via specialist funds
Korea Post allocates $200m to global buyout funds
Korea Post Insurance plans to allocate $200m to as many as three managers focusing on global buyouts, predominantly in North America and Europe.
VC-backed Taxify raises $175m
Korelya Capital takes part in the round alongside Chinese ride-sharing app Did Chuxing
Zynga snaps up VC-backed Gram Games for $250m
By acquiring Gram Games, Zynga said it will expand its portfolio of live game franchises
Mid Europa-backed Diagnostyka acquires GenoMed from MCI
MCI reaches a deal to sell its entire stake in listed genetics testing firm GenoMed to Diagnostyka
Mid Europa acquires majority stake in JS Hamilton
Transaction is CEE-focused Mid Europa's ninth platform investment in Poland to date