France
Essling Capital launches Essling Expansion fund
French GP's third fund, with a target of more than €200m, focuses on majority acquisitions
Daphni leads €6.4m round for Margo Bank
Banking startup will invest in technical infrastructure as well as HR development
Serena et al. back Privateaser
Serena Capital, Isai and FJ Labs invest €10m in French venue-booking app Privateaser
Capitem Partenaires buys Aluthea in MBO
GP buys a 20% stake in French aluminum foundry Aluthea while managers retain the remainder
Natixis buys minority stake in Clipperton
M&A boutique Clipperton solely focuses on the technology and internet industries
Sofinnova holds final close for Sofinnova IB I
Having held a first close on €106m in February 2017, Sofinnova IB I closes on €125m
21 Centrale Partners V reaches first close on €200m
Announced in Q3 2015, 21 Centrale Partners V should close in Q3 2018 on around €300m
Alliance invests in Clas
Clas Equipement will use the new capital to boost its growth and development
Equistone VI holds final close on €2.8bn hard-cap
Mid-market PE investor saw total potential commitments of €4bn, significantly exceeding target
John Holloway moves onto new role at EIF
Holloway will look after a new initiative involving fundraising from the private sector
Eurazeo posts sharp increase in AUM in annual results
Dramatic increase in AUM was primarily driven by deals with Idinvest and Rhône Capital
Cathay and OrbiMed divest Echosens to Astorg
Deal is the first exit for Cathay's 2014-vintage €500m Sino-European MidCap fund
Triago bolsters New York office with Rogers hire
Kevin Rogers joins the private equity advisory firm in the US as a principal
Korea Post allocates $200m for co-investment strategy
LP is looking for two fund managers, with a total maximum commitment of $200m
Eurazeo makes final exit from Accor
Eurazeo placed the shares with institutional investors through an accelerated book-building
Amundi to raise fourth small-cap fund
French asset manager sets the target for the fund at €150m and plans a final close in H2 2018
Ventech holds first close on €140m
Ventech will stick to its strategy of investing in early-stage European companies
Idinvest in €15m round for Geolid
Fundraising round sees Idinvest making its entrance as new a shareholder in Geolid
Innovacom exits 21Net
French venture capital firm first invested in 21Net in 2011 via its Innovacom 6 fund
CM-CIC, SGCP exit Alstef
GPs sell their minority stakes in the French automated handling systems manufacturer
Argos Soditic partner Semmens steps down
Development ends a 22-year spell at the firm, during which Semmens oversaw five fundraises
Siparex exits Eras Ingenierie to trade
Industrial engineering service Endel buys its peer Eras from Siparex and the CEO
LP direct investment: straight to the source
Limited partners are striking out on their own to source their investments directly, with numeorus new strategies emerging
Equistone Partners buys back Groupe Karavel in SBO
Equistone previously backed the French online travel agency between 2007-2011