Nordics
Navigating a fundraise
Forget much of what you’ve learned. Wooing LPs nowadays follows few preconceived truths, requiring instead a lot of patience and creativity. Kimberly Romaine reports
VNT Management holds first closing
VNT Management has raised €42m at the first closing of its cleantech-focused Power Fund III, which has a target of between €75-100m.
Vækstfonden invests in Shark Solutions
Vækstfonden has invested DKK 7.5m in Danish chemical recycling company Shark Solutions.
Herkules bolts Friskhuset onto Hjelp24
Helse Holding AS, a holding company controlled by Herkules Capital and which also owns Hjelp24, has wholly acquired Norwegian health services provider Friskhuset AS.
Litorina-backed Pahlén acquires Pool-guard
Litorina's portfolio company Pahlén has acquired swimming pool safety equipment producer Pool-guard.
Is team stability in PE firms overrated?
PE houses have long used team stability as a key argument in PPMs, as it is widely believed to have a positive impact on a fund’s performance and ultimately its appeal to LPs. But new research from Capital Dynamics and the London Business School (LBS)...
Capidea backs MBO of Klokkerholm Karosseridele
Capidea Management has acquired a 70% stake in Danish auto body part distributor Klokkerholm Karosseridele.
AIFMD: High price for investor security?
The AIFM Directive continues to spark debate amongst industry practitioners, even as it is being implemented across Europe. While the new regulations will lower risk levels for smaller investors, GPs are concerned about a possible cost explosion. Diana...
Nordic deal activity stumbles in Q3
Activity in the Nordic region was sharply down in the third quarter, mirroring activity in many parts of Europe, according to the latest unquote” Nordic Private Equity Index, published in association with KPMG.
unquote" Nordic Private Equity Index Q3 2011
Nordic private equity activity saw a slowdown in the third quarter, mirroring that seen in the rest of Europe.
Industrifonden invests in Zaplox
Industrifonden and LMK Venture have invested SEK 10m in Swedish technology company Zaplox.
Fund admin: Pure player or one-stop shop?
Demand for external fund admin services has been growing steadily over the past few years – a trend quickly spotted by large banks. As the market consolidates, are independent providers feeling the heat? Greg Gille reports
G4S backs out of ISS deal
G4S has withdrawn its offer for EQT-backed ISS, in a further blow for the company.
Cinven-backed Coor acquires Euromaint Industry
Cinven-backed Coor Service Management has acquired industrial maintenance company Euromaint Industry from Ratos portfolio company Euromaint.
Ratos partially exits Euromaint
Ratos-backed Euromaint has sold its industry subsidiary to Cinven's portfolio company Coor Service Management.
Technology activity holds up despite tough market
Tech deals have remained remarkably robust since the onset of the financial crisis, with fairly consistent deal volumes seen throughout the past few years. However, deal value has fluctuated wildly. Anneken Tappe investigates.
Index Ventures and Creandum lead €8.2m round for iZettle
Index Ventures and Creandum have invested €8.2m in a series-A financing round for Swedish technology company iZettle.
Ratos' Stofa acquires TV business from Canal Digital
Ratos portfolio company Stofa has acquired the cable television business of triple play provider Canal Digital Denmark.
Stefansson leaves Skandia Liv to launch consultancy
Adalbjörn Stefansson, former head of buyout fund investments at Swedish Skandia Liv, has launched an eponymous consultancy firm focused on private equity research.
Nordic buyouts: Sailing to recovery
Unquote” data points to the Nordic private equity industry recovering faster than the rest of Europe. Although buyout activity is low at the moment, trends emerging from long-term data tell a different tale. Sonnie Ehrendal reports
unquote" Germany Report 2011
The latest unquote” Germany Report covers all the latest trends and issues affecting the German private equity and venture capital markets.
Fundraising evolves for a difficult climate
While public financial markets remain punch drunk from the latest series of downgrades, debt crises and bailouts, private equity has, by necessity, been slowly emerging from one of its most difficult periods.
LP co-investment: Finding the balance
Over-allocation to any asset class can be risky business, and LP co-investment is no exception. Susannah Birkwood reports
Would the real patient capital please stand up?
Nearly two decades of PE ownership has taught the management of V.Ships that not all financial backers are created equal. Kimberly Romaine speaks to CEO Clive Richardson about the pros – and cons – of private equity ownership.