DACH
ETF et al. invest €5m in Compact Power Motors
Environmental Technologies Fund (ETF) has led a €5m financing round for German engine manufacturer Compact Power Motors GmbH.
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.
TVM Capital restructures; hires Schuler
TVM Capital has reorganised its life science investment practice. In the future, the firm will operate two dedicated teams with differentiated investment concepts to invest in pharmaceutical, biopharmaceutical, medical technologies (medtech) and healthcare...
NGN Capital leads €33m series-D round for NOXXON Pharma AG
NGN Capital has led a €33m series-D round in NOXXON Pharma. NGN is a new investor and was joined by existing investors TVM Capital, Sofinnova Partners, Edmond de Rothschild Investment Partners, Seventure Partners, VC Fonds Technologie Berlin GmbH, Dow...
HgCapital acquires SimonsVoss
HgCapital has acquired SimonsVoss Technologies AG.
Gimv sells CoreOptics to Cisco
Gimv has sold its stake in CoreOptics Inc to Nasdaq-listed Cisco Systems Inc, which will completely acquire the firm.
Bertelsmann Digital Media Investments and Venture Incubator fund deal united
Bertelsmann Digital Media Investments and Venture Incubator have invested in e-commerce platform deal united GmbH, in a deal thought to be worth around €5m.
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...
Milbank hires Rinne for new antitrust practice in Germany
Law firm Milbank, Tweed, Hadley & McCloy has appointed antitrust lawyer Dr Alexander Rinne as partner in its Munich office.
Palamon Capital Partners sells Movie Park Germany
Palamon Capital Partners has sold Movie Park Germany GmbH to Parques Reunidos, an entertainment operator based in Madrid, for an undisclosed amount.
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.
Fidelity Growth Partners invests in InnoGames
Fidelity Growth Partners Europe has invested in German videogames developer, InnoGames.
Call centre investments: Supporting the recovery
During the downturn, private equity firms invested defensively, particularly in the outsourced services sector. Now the economy is recovering, investors are looking to benefit from what is widely seen as a consolidating market. Mareen Goebel gives an...
Deutsche unquote" May 2010
Germany’s hesitance to deal with the Greek debt crisis does not bode well for European economic confidence. The country was already late to respond to the credit crunch, it should not make he same mistakes again, as it could have the most to lose is the...
German investment ordinance review - effects on private equity
German insurance companies constitute a significant class of German institutional investors in alternative investments, including private equity. After a period of stagnancy, the German Investment Ordinance on the Investment of Restricted Assets of Insurance...
Consortium backs O-Flexx Technologies with €6.7m
SET Venture Partners, Atmos SpA, BankInvest, Emerald Technology Ventures, Partech International, SAM GmbH, and Schneider Electric Ventures SAS have invested €6.7m in cleantech company O-Flexx Technologues GmbH.
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.
PINOVA Capital takes a participation in Hemoteq AG
PINOVA Capital has invested in medical technology company Hemoteq AG in Würselen.
Oaktree in Almatis debt-for-equity swap
Oaktree Capital Management, which holds around 46% of alumina maker Almatis' senior debt, is set to take control of the company in a debt-for-equity swap.
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.