Nordics
The Big 3
Rikke Lilla Eckhoff talks to Katharina Lichter, a managing director and head of research at Capital Dynamics, about succession issues, spin-out teams and the bid-ask spread on secondaries
Strange bedfellows
Not so long ago, corporates and private equity firms were arch rivals in many hotly contested auctions. Could the lack of liquidity in today's market, volatility and poor visibility encourage erstwhile contenders to consider joining forces?
The tech savvy North
One of the questions we always ask venture investors is what attracted them to that particular company and sector. For every tech-related business, the answer is usually the same: the region is at the forefront of technology developments
NORWAY - Creandum invests in Appear TV
Swedish venture investor Creandum has invested Appear TV, a broadcast and IP television equipment provider.
SWEDEN - Via Venture backs PlusFourSix with SEK 27m
Via Venture Partners, owned by Danish pension fund ATP, has invested SEK 27m into mobile marketing company PlusFourSix AB.
NORWAY - Investinor makes NOK 12m Think investment
Norwegian government-owned venture fund Investinor has backed electric vehicle manufacturerer Think with NOK 12m, with an option to invest a further NOK 18m in the near future. Following this round Investinor will hold a 5.5% stake in the compnay.
FINLAND - Finnish Industry Investment appoints investment director
The Finnish government-owned investment company Finnish Industry Investments has promoted Anne Reikki to investment director.
SWEDEN - Industrifonden and Eqvitec back eBuilder with SEK 40m
Industrifonden and Eqvitec Partners have invested SEK 40m into eBuilder, a developer of business process integration systems.
NORDIC - Roschier appoints new chairman
Law firm Roschier has appointed senior partner Axel Calissendorff as chairman of the firm, succeeding Thomas Lindholm, who will leave later this year.
GLOBAL - Carlyle appoints leveraged finance MD
International investment house Carlyle Group has today announced the appointment of Debra Pedersen as managing director in the firm's New York-based global leveraged finance team, focusing on investor relations and fundraising.
FINLAND - Veraventure appoints senior adviser
Veraventure, a group comprising Finnish evergreen venture funds and a subsidiary of state-backed specialised financing company FinnVera, has appointed Mikko-Jussi Suonenlahti as senior adviser.
EUROPE - KKR closes European annex fund
US-based buyout giant KKR has closed a EUR 400m annex fund to support additional equity investments for portfolio companies of its second European fund, which closed in 2005 on approximately EUR 4bn.
EUROPE - Candover reports further NAV decline; Buffin steps down
Bealeagured buyout firm Candover today released its interim management statement, which reveals a further 12% decline in NAV and sweeping changes to the firm's management.
SWEDEN - Chalmers supports SEK 3.5m Smoltek funding
Swedish seed investor Chalmers Innovation has, alongside existing backers, backed nanotechnology business Smoltek with an investment of SEK 3.5m.
EUROPE - Gimv appoints new technology adviser
Belgian-based investor Gimv has appointed Richard Seibt, chairman of the Open Source Business Foundation, to its Technology Advisory Board.
GLOBAL - Advent appoints operating partner
Buyout house Advent International has hired Richard Baker as operating partner.
DENMARK/US - SLS supports $8m AdvanDx funding
Returning backers SLS Ventures and Danish pension fund LD Pension have contributed $8m in the second part of a series-C funding round for biotechnology business AdvanDx.
GLOBAL - Ernst & Young appoints global PE leader
International business advisory firm Ernst & Young has appointed John Harley as the leader for its global private equity practice.
NORWAY - CLP appoints Opera Software general counsel as new partner
Oslo-based law firm CLP has appointed Stephan Brodschöll as partner.
FINLAND - Sentica closes latest fund above target on EUR 113m
Finnish private equity firm Sentica Partners has held a fourth close of its lower mid-market buyout fund on EUR 113m, exceeding its EUR 100m target.
NORWAY - Proventure and Investinor back NOK 30m Numascale funding
Norwegian government-backed venture fund Investinor and seed investor Proventure have participated in a NOK 30m investment round for Norwegian semiconductor business Numascale.
EUROPE - 3i may sell venture portfolio to Coller and HarbourVest consortium
3i is now reportedly in exclusive talks with a consortium led by secondary investors Coller Capital and HarbourVest Partners regarding the sale of its venture portfolio, with the price tag thought to be in the region of £100m.