DACH
DACH venture scene remains on top form
While the rest of Europe has suffered from a low deal volume in 2011, the DACH early-stage sector is going strong. Considering the well-established venture scene, it is not surprising that this region has dominated early-stage in Q4 2011.
investiere leads series A round for MEDUDEM
investiere, operated by Verve Capital Partners and the Zuercher Kantonalbank have invested CHF 815,000 in medical information provider MEDUDEM.
Dodd-Frank fears "overblown"
The extensive requirements and wide reach of the US's Dodd-Frank Act has stirred up fears among European GPs. But law firm DLA Piper downplays worries, pointing to a number of available exemptions. Sonnie Ehrendal investigates.
Market consolidation forcing FOFs to evolve
Funds-of-funds are an endangered species, with many shedding the title. Kimberly Romaine finds that today it’s all about diversification and tailoring your offering to prospective clients.
New Value receives CHF1m bridge financing
Swiss venture capitalist New Value has received CHF1m in bridge financing from Swiss industrial company Angst&Pfister to continue business.
Early-stage and Nordics stand out
2011 was a bleak year for the private equity industry, but it was still an improvement on 2010, writes Olivier Marty
Fragmented ecosystem hampering European venture
The debate surrounding the high returns enjoyed by Silicon Valley investors compared to their European counterparts continues. But why do stateside investments traditionally reap higher returns than those in European startups, and what needs to change...
High-Tech Gründerfonds backs OakLabs
High-Tech Gründerfonds has invested in German biotech company Oaklabs.
Adveq to boost headcount by 10%
Asset manager Adveq has announced it will increase its number of staff by 10% in 2012.
Reed Smith hires Binder from SJ Berwin
Reed Smith has hired SJ Berwin partner Justus Binder as head of its German private equity practice.
DST Global invests in German online retailer
DST Global has bought a 4%-stake in German online fashion retailer Zalando.
Mid Europa and France Telecom-Orange sell Orange Austria for €1.3bn
Mid Europa Partners and France Telecom-Orange have agreed to sell their combined 100% share in Orange Austria to Hutchison 3G Austria for €1.3bn.
Reed Smith appoints new corporate partner
Reed Smith has appointed Justus Binder as a corporate partner in its private equity team.
Afinum's Caseking buys Overclockers
Afinum portfolio company Caseking has acquired UK-based ecommerce business Overclockers UK.
HTGF et al. invest in Conceptboard
High-Tech Gründerfonds and Seedfonds Baden-Württemberg have provided funding for cloud software provider Conceptboard.
Jersey launches private placement scheme
Jersey has introduced a private placement scheme for institutional and professional investors.
BayBG invests in Prevero
BayBG has backed software company Prevero with a mezzanine structure in the form of a silent partnership.
2011 a bumper year for Nordic fundraising
Fundraising activity declined slightly in 2011 compared to the previous year, as the market remains tough and LPs selective. Not all European regions fared equally though, with the Nordic countries and France attracting significant amounts of capital....
BayBG invests in Rosner Fashion
BayBG has taken a 43.5% stake in clothing retailer Rosner Fashion as part of a capital increase.
Deal volumes hit 15-year low
Deal volumes in Q4 2011 hit their lowest levels since 1996, in a difficult final quarter for the private equity industry, according to the unquote” Private Equity Barometer, in association with Arle Capital Partners.
Debt providers: “One-stop shops” gaining ground
Faced with a tough bank lending environment, PE houses are increasingly turning to “one-stop shops” to leverage their deals. Indeed, alternative debt providers are looking forward to a busy 2012, as Greg Gille finds out.
Could mega fundraisings cause Nordic dry powder problem?
International investors have driven Nordic fundraising to unprecedented levels, but will deal flow keep up with the dry powder? Sonnie Ehrendal investigates.
Dechert opens in Frankfurt; poaches Mayer Brown partner
Private equity specialist Dr. Benedikt Weiser will join Dechert next month from Mayer Brown, where he was head of the firm’s German Private Investment Funds group.
Syntegra returns to fundraising after seven years
Syntegra Capital has confirmed that it is raising a new fund. The firm expects to hold a first closing on €75m in the first quarter of 2012. Amy King reports