DACH
ICG approaches first close for seventh European fund
ICG Europe VI held a final close on €3bn in July 2015 and was 60% invested as of September 2017
Paragon buys stake in Asic Robotics
Shareholders STS Management and Renaissance Anlagenstiftung will remain invested alongside Paragon
BWK buys Rasselstein Raumsysteme
Two unnamed private investors co-invested alongside BWK, taking 20% and 10% stakes
Nord Holding sells Parador to trade for €82.8m
Total cash consideration is €72.3m, which includes a payment of €53m to Parador's shareholders
Partners Group's private equity AUM increases 7%
Switzerland-based firm announces €2.37bn new commitments for its private equity strategy
VC firms back CHF 13.7m series-A for Allthings
Round is led by Earlybird and Idinvest Partners with participation from Kingstone Capital
SGG Group buys Augentius in fund admin consolidation play
Transaction would make SGG the fourth largest investor services firm worldwide with $400bn AUM
Premium buys Clarus from Pinova
Clarus's management team led by Norman Thom and Markus Mondani will remain invested
PE-backed FNZ Group buys EBase for €151m
Sale is expected to generate a positive non-recurring income before tax of €85m for Comdirect
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
EQT sells Sportradar to CPPIB and TCV for €2.1bn
EQT will reinvest a portion of the sales proceeds and CEO Carsten Koerl will retain his stake
Triton closes smaller mid-cap fund on €448m
Fund was initially launched in January 2017 with a €350m target and a €400m hard-cap
HQ Equita buys R2P and Open Access
Management teams of both companies will remain in their roles and retain significant stakes
Abingworth closes 12th fund on $315m
ABV VII will follow the same strategy as its predecessor, investing in early- and late-stage deals
Waterland buys Hansefit
Waterland will invest in expanding the company's service portfolio and digitalising its services
Redalpine and Swisscom sell Bexio to Mobiliar
Sale of the enterprise software company generates returns for Redalpine Capital II
Opera-backed Vetrerie Riunite sells Technoglas to Cerve
Acquirer will invest up to €30m in the production facilities in Austria, according to Italian press
Oakley sells Damovo to Eli for up to €140m
Sale of the IT business will generate a 5.4x return for the vendor, equivalent to a 57% IRR
Afinum sells Orwo Net
Sale ends a seven-year holding period for Afinum, which acquired a minority stake in 2011
HTGF, ECapital invest €4.6m in FMC
Round is closed just nine months after HTGF backed a seed round for the business
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