DACH
Celtic Therapeutics sets up $50m antibody drug company
Celtic Therapeutics has launched an Antibody-Drug-Conjugate (ADC) business, Switzerland-based ADC Therapeutics, with $50m of capital.
SSVP III closes on €231m
Orlando Management AG has announced the final close of its latest fund, Special Situation Venture Partners III, on €231m, €31m over target.
Michael Queen steps down from 3i
3i chief executive Michael Queen has announced his intention to step down.
Ambienta announces international expansion and new hires
Italian private equity firm Ambienta SGR has announced the expansion of its business to Munich, to capitalise on investment opportunities in Germany and Central and Northern Europe.
HgCapital promotes one, hires seven
HgCapital has announced the promotion of Kai Romberg to partner at the firm and made seven new hires at associate level.
Cornerstone buys ACTech from Halder
Cornerstone Capital and Premium Equity Partners have acquired Halder’s 80% stake in German metal parts manufacturer ACTech for an undisclosed price. The management retains its 20% stake.
Hedge funds: A new source of dealflow
The credit crisis has left hedge funds holding on to unwanted equity stakes. Could this be a new source of dealflow for private equity buyers? Sonnie Ehrendal investigates
HTGF invests in MediaMetrics
High-Tech Gründerfonds has invested €500,000 in Berlin-based solution software provider MediaMetrics.
Wellington invests in BonusBox
Wellington Partners has invested in German social commerce provider BonusBox.
HTGF invests in hepatitis drug project
High-Tech Gründerfonds and Russian Government-backed Maxwell Biotech Venture Fund have invested in a joint project to develop a drug aimed at the treatment of chronic hepatitis B and D.
venBio leads CHF 37m funding round for Cytos
An international syndicate of investors comprised of venBio, Amgen, Aisling Capital and Abingworth has invested up to CHF 37m in equity and debt in Swiss biotech company Cytos Biotechnology Ltd.
Buyout recovery stalls at one third peak levels
Europeтs buyout market recovery stalled at just a third of the level seen at its peak, according to data from the unquoteт European Buyout Review 2012.
Schmirl joins GMP Mezzanine-Partner
Gamma capital partners has hired a new partner, capital markets expert Manfred Schmirl, who has joined Gamma MezzoPreneurs’ industry network, GMP Mezzanine-Partner.
Pinova buys management stake in Clarus Films
Munich based Pinova Capital has announced that it has bought a 65% stake in Clarus Films GmbH from previous managing shareholder Dr Sven Dracker.
WHEB and Bosch lead €5.6m series-C round for Torqeedo
Robert Bosch Venture Capital has joined existing investor WHEB Partners to lead a €5.6m series-C funding round for Starnberg-based manufacturer of electric motors for boats Torqeedo.
DFJ Esprit and Tempo Capital merge secondary businesses
VC firm DFJ Esprit and venture secondaries firm Tempo Capital are set to merge their venture secondaries businesses to form DFJ Esprit Secondaries.
Deutsche unquote" March 2012
As 2012 ticked over, Germany was predominantly making headlines with its positive economic data and Angela Merkel’s leadership role in the EU.
Rethinking LP funds
Alternatives to LP funds, such as listed private equity and deal-by-deal, are all gaining in popularity as their merits become more obvious in today's backdrop. Kimberly Romaine reports
Zurmont Madison acquires majority stake in AKAtech
Zurmont Madison Private Equity has acquired a 55% stake in Austrian electromechanical assembly and manufacture firm AKAtech Produktions.
General Atlantic and Axel Springer set up €1.25bn joint venture
General Atlantic has invested €237m for a 30% stake in Axel Springer Digital Classifieds GmbH, a joint venture with German publisher Axel Springer.
Creative industries perceived as risky business
Unquoteт data reveals that the volume of investments in the creative industries has fallen while their value has risen. Investor risk aversion amidst economic volatility could be behind the fall in volume in a sector commonly perceived as risky business,...
HTGF leads series-A funding for Bonayou
High-Tech Gründerfonds and "make a startup angel fund" GmbH have invested in PL Gutscheinsysteme's non-cash-gift-voucher card Bonayou.
gamma capital partners portfolio company expands to Austria
gamma capital partners' icomasoft AG has established opvizor GmbH as its Austrian business outlet.
CGS III holds first closing on CHF 55m
CGS Management giesinger gloor lanz & co. has held the first closing of its third fund CGS III with total commitments of CHF 55m.