CEE
SEB Venture Capital leads investment in Coresonic
SEB Venture Capital has invested тЌ1.5m in Swedish technology firm, Coresonic.
Swedish Central Bank chief warns on continued threats
Lars Nyberg, deputy governor of the Swedish Central Bank, said the Swedish economy is not out of danger, in his keynote speech at the unquoteт Nordic Private Equity Congress 2010. Viktor Lundvall reports.
Avista commits $48.5m to OptiNose
US-based Avista Capital Partners has invested $48.5m in Norwegian medical company OptiNose.
Olicom files for bankruptcy
Danish venture capital firm Olicom today announced it has filed for bankruptcy.
Truffle Capital et al. invest €4.8m in Pharnext
French biopharmaceutical company Pharnext has closed a тЌ4.8m series-A round of funding from Truffle Capital, Aurinvest Capital 2, FinanciУЈre Boscari and three individual investors.
CEE unquote" newsletter
Those investing in Central & Eastern Europe see it as having one of the best tax environments in the world, but it suffers from a shallow capital market and poor protection for investors.
Crédit Agricole PE, Galiléo Partners et al. invest $5m in Scality
Scality has secured a $5m in a first-round of funding from CrУЉdit Agricole Private Equity, GalilУЉo, business angels, management and employees of the company.
BNP Paribas Private Equity appoints two new investment directors
Alexandra Dupont and Nicolas Schwindenhammer have been appointed as investment directors for BNP Paribas Private Equity.
BlueBubbleLab injects €1m into SoGeo
Dutch company Sogeo has secured тЌ1m in funding from investor BlueBubbleGroup.
bcnHighgrowth invests €2m in Oonair
bcnHighgrowth has provided a тЌ2m investment to expand media content company Oonair.
Renewable energy: When will activity match the spin?
There is clearly a buzz around the cleantech space in general and the renewable energy market in particular. And why not? After all if we are to face up to the challenges presented by global climate change we will need to invest massively in this area...
Schönherr hires Borislav Bozhidarov
Borislav Bozhidarov has joined Central European law firm Schönherr.
Industry veterans launch new Russia fund, Elbrus Capital
Three industry veterans are launching a new Russian private equity investment company, Elbrus Capital, after they bought out the assets of Renaissance Private Equity from the Renaissance Group at the end of 2009.
HitecVision Asset Solutions closes on $420m
HitecVision has closed its latest fund at $420, more than $100 over its original target after four months of fundraising.
CEE Private Equity Awards 2010: The winners are…
The unquote CEE Awards, the only such event to recognise excellence in the CEE private equity market, highlighted that prospects for the region are at long last looking up again. In a highly challenging environment over the past year, a few select firms...
Innova et al. purchase 100% of Polish Expander
Innova Capital has led a number of private equity investors in the acquisition of 40% of Polish independent financial adviser, Expander. Innova already owned 60% of the firm, meaning the firm is now wholly owned by private equity investors. No financial...
CEE private equity: Light at the end of the tunnel?
If people had been beginning to get comfortable with a slow, but steady recovery from the worst recession in living memory, the crisis surrounding the Greek economy will have served as something of a wake-up call. The issue, and the potential for dire...
Morgan Stanley's secondaries fund exceeds $500m target
Morgan Stanley's Global Secondary Opportunities Fund, has raised $585m, exceeding its $500m initial target.
AIFM Directive: The end is nigh
European finance ministers approved the Alternative Investment Fund Managersт (AIFM) Directive yesterday, more than a year after the controversial regulations were first proposed. Despite this long process, many of the private equity industryтs objections...
Deutsche promotes Bagshaw to head of PE unit
Adam Bagshaw has reportedly been promoted to head of Deutsche Bank's private equity unit, replacing Rob Firth, who left the bank last month to join Bank of America Merrill Lynch.
A&M opens office in Warsaw; appoints head of restructuring
Turnaround specialist Alvarez & Marsal (A&M), has expanded its presence in Central and Eastern Europe with the opening of an office in Warsaw, Poland.
Mid Europa invests in Czech Energy 21
Mid Europa Partners has signed an agreement to purchase a stake in Czech solar power operator, Energy 21, for an undisclosed amount. The deal is subject to regulatory clearance.
Fortis sells fund administration arm to Credit Suisse
Fortis Bank Nederland (FBN) has agreed to the sale of its fund administration unit, Prime Fund Solutions(PFS), to Credit Suisse.
3i appoints Sir Adrian Montague as chairman
The board of 3i Group plc has appointed Sir Adrian Montague CBE as chairman, effective following 3iтs AGM in July 2010.