Nordics
PG Impact Investments holds $210m final close
Firm is independent but has access to Partners Group’s infrastructure, expertise and resources
Kinnevik invests SEK 900m in MatHem
Investment comprised SEK 400m of primary capital and a SEK 500m secondary share purchases
BMO holds fourth close for co-investment fund on €95m
Fund was announced in February 2017 and is expected to hold a final close by the end of March
Accel in $30m series-B round for Chainalysis
Chainalysis has previously raised funds from Techstars, Point Nine Capital, FundersClub and CVP
Tesi to invest €75m in circular economy initiatives
Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m
US healthcare funds buy Moberg Pharma's OTC business for $155m
Purchase price represents a 14.1x entry multiple for the investors and is 3.3x the group’s revenues
Unquote Private Equity Podcast: Dual speed ahead
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team navigates the bifurcation in private equity fundraising
Summa buys Infobric
Management team is reinvesting for a minority stake in the business alongside Summa
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn
Sunstone holds €80m first close for fourth life science fund
Sunstone Life Science Ventures Fund IV expects to close on its €150m target by early 2020
Insight leads €56m round for Tink
Company aims to be in 20 European markets by the end of 2019, up from nine currently
KKR backs Söderberg & Partners in $1bn deal
Buyout is being structured with a low level of leverage due to the preference of the family owners
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
ATP records loss despite strong PE returns
DKK 785bn fund’s performance took a hit from investments in the global equity markets
Altor holds final close on €2.5bn hard-cap
Vehicle was registered in Sweden in August, but began its official marketing period in September
EQT-backed StormGeo buys DNV GL Maritime
Combination of the two companies will result in a new offering to the global shipping industry
SEB Investment Management appoints new CEO
Ragnartz joins from pension company AMF, where she worked as head of asset management
TCV invests $200m in Relex
First investment from the growth equity investor’s $3bn TCV X fund, after a final close in January
Q4 Barometer: European deal volume sets new annual record
Despite a slowdown in the final quarter of the year, private equity activity reached an all-time high over the course of the year
Investinor backs $15m series-C for Novelda
Existing investors Allianz Ventures and Swedish tech investor Norron also take part
Valedo sells Cambio Healthcare to Investcorp
Transaction ends a six-and-a-half-year holding period for Valedo Partners Fund II
Agilitas-backed Teracom buys Relacom
Combined group will employ 130 people and focus on nationwide telecommunications infrastructure
Danish SDG Investment reaches DKK 4.85bn final close
The fund reaches DKK 4.85bn on its second and final close, short of its original target of DKK 5bn
MPEP launches fund-of-funds
First time the fund-of-funds manager has widely marketed its programme to external LPs