Nordics
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
Nordic Capital exits Vizrt; reinvests via secondary vehicle
Vizrt's revenues doubled during Nordic Capital's six-year tenure, driven partly by the 2019 acquisition of US peer NewTek
Norvestor registers two funds
Nordic-focused GP has registered flagship fund Norvestor IX, as well as Novestor SPV II
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
2022 Preview: Sponsors toast to incredible year, but remain wary of hangover
Many sponsors are anticipating that 2022 could be just as busy as 2021, in spite of mounting headwinds
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
Aurelius in conversations with sponsors for NDS Group exit
Aurelius acquired NDS Group, then called Hellanor, from Nordic Forum Holding in 2018
MVI closes MVI Fund II above target
MVI Advisors has held a final close for its second fund on SEK 1.1bn
DevCo raises EUR 260m for fourth fund
Like its predecessors, DevCo IV will back a single asset operating in a niche international market
VC firm BGV kicks off fundraise for second growth fund
Upcoming fund will invest 80% of its target size in BGV's existing portfolio companies
Saga closes fund-of-funds on EUR 720m hard-cap
Saga was founded by three former employees of Danske Bank's private equity department
Most LPs seek to improve co-investment appeal – Coller Capital
Coller Capital's winter 2021-22 Global Private Equity Barometer covers topics including secondaries
Nordic Capital registers latest flagship fund
Nordic Capital XI's registration follows the final close of its predecessor in 2020 on EUR 6.1bn
Q3 Barometer: PE scales new heights
The latest Unquote Private Equity Barometer, produced in association with abrdn, is now available to download
Advent Tech II closes on USD 4bn
Predecessor fund in Advent's technology-focused strategy held a final close in 2019 on USD 2bn
PE firms study rivals' IPOs as they consider options
Recent slew of peer listings such as Bridgepoint and Petershill inspire key players as they mull options for their own businesses
MTIP holds USD 250m final close for second fund
Health technology firm has made five deals from the fund and expects to back 10 companies in total
Unquote Private Equity Podcast: To 12x and beyond
The Clearwater International Multiples Heatmap reveals that average entry multiples broke new records in Q3, on the back of a still-buoyant M&A market
Average fund size reaches new heights amid stark market bifurcation
Average buyout fund close for 2021 stands at EUR 1.33bn, more than double the EUR 629m recorded in 2017
FSN Capital appoints new co-managing partners
First succession transition for the Nordic firm since it was founded in 1999
IK to buy Renta Group from Intera
Intera formed the construction machinery and equipment firm in 2015 via a three-company merger
Tenzing raises GBP 100m Belay Fund
Vehicle can invest up to GBP 150m and will back the GP's Tenzing II portfolio companies
EQT looking at Sitecore stake sale
Morgan Stanley and Goldman Sachs are advising the Swedish buyout group on the process