France
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
Quilvest reshuffles management
Alexis Meffre takes over from Stanislas Poniatowski as Quilvest's executive chairperson
Bregal Milestone holds €400m final close for debut fund
Fund will make non-control investments in European family- and founder-led businesses
Naxicap's Technicis bolts on HL Trad
Idinvest Partners' single-tranche loan supports translation service HL Trad's acquisition
Abingworth closes 12th fund on $315m
ABV VII will follow the same strategy as its predecessor, investing in early- and late-stage deals
Andera et al. back Dynacure in €47m round
Investors support the biotech business in advancing its lead programme into clinical development
Auriga Partners leads €7m series-A for Nextbiotix
New funding will be used to support efforts in bringing new medicine to patients
Raise to back Artemis Courtage
Raise Investissement typically invests €10-50m in companies generating a €30-500m turnover
Hivest buys St Mamet in SBO
Florac sells stake in canned fruits specialist Saint Mamet having invested in 2015
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
Chevrillon & Associés buys DCW Editions
Chevrillon provides equity tickets in the €5-75m range for businesses valued at between €200-250m
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
MBO Partenaires backs Laboratoires Embryolisse
French GP provides a €16m ticket for the transaction, which values Embryolisse at between €50-100m
Weinberg's Pharma Omnium sells Biodim subsidiary
Apax Partners' NuPharm acquires France-based Laboratoire Biodim from its parent company
SwanCap launches co-investment fund
SwanCap held a final close on €433m for SwanCap Opportunities Fund III in February 2018
PE-backed Neovia sold to trade in €1.53bn deal
Eurazeo, Unigrains and Idia owned Neovia alongisde French cooperative group InVivo
Blackstone acquires Averys in SBO
Acquirer of the storage products manufacturer drew capital from Blackstone Capital Partners VII
Bridgepoint buys Privatesportshop in SBO
GP buys a majority stake while previous backer Pechel Industries partially exits
Eurazeo in talks to buy Albingia
Albingia plans to use the GP's long-term institutional shareholder base to develop in the market
Charterhouse eyes France's Funecap
ICG provided Funecap with €350m in unitranche debt at the end of last year
Atomico, Korelya back Oh Bibi
Venture capital firms inject €21m into the France-based mobile games startup
Highland Europe holds €463m final close
Tech-focused fund will be equally deployed across France, Germany, the UK and the rest of Europe
Idinvest backs Blue Soft
Idinvest acquires a 25% stake in the digital transformation business, injecting €10m