Nordics
SWEDEN - Altor and Bure bid for Carnegie
According to reports, Nordic buyout houses Altor Equity Partners and Bure Equity are in negotiations to acquire Carnegie, the investment bank which has been under the ownership of the Swedish Government since November last year.
FINLAND - Ferd Venture leads EUR 5m Eniram funding
Ferd Venture has invested EUR 2.7m as part of a EUR 5m investment round for Eniram Ltd, a provider of maritime technology solutions, alongside Finnish Industry Investment and existing investor Conor Venture Partners.
EUROPE - McCreevy remains vague about PE regulation
According to reports, EU Internal Market Commissioner Charlie McCreevy still has reservations about regulating private equity firms, despite heavy pressure from MEPs and earlier promises made by European Commission President JosУЉ Manuel Barroso.
EUROPE - Yea leaves 3i; Queen takes the reins
Philip Yea is to step down from his position as CEO of 3i with immediate effect, to be replaced by Michael Queen, formerly finance director of the group.
SWEDEN - Capricorn and SEB Venture invest EUR 3.3m into Xylophane
Capricorn Venture Partners, via Capricorn Cleantech Fund, and SEB Venture Capital have invested EUR 3.3m into renewable packaging material company Xylophane AB. The two firms join existing investor KTH Chalmers Capital, which has been involved with the...
NORWAY - Government supports Argentum with NOK 2bn
Government-backed Norwegian LP Argentum has received NOK 2bn from in additional equity from the Norwegian government.
NORWAY - Skagerak raises NOK 50m
Skagerak Seed Capital II has raised NOK 50m for investments in Norwegian start-ups.
NORWAY - Investinor hires ten
Investinor, the Norwegian government-backed venture fund established in the autumn of 2008, has now completed the formation of its investment team with ten new hires.
SWEDEN - Industrifonden backs QuiQom Systems
Government-backed Industrifonden has invested an undisclosed sum into QuiQom Systems, a developer of solutions for high-speed broadband access in residential properties.
Back to the future
As the private equity market waived a welcome goodbye to a difficult 2008, unquote" spoke to five industry professionals to get their views on what could be in store in the coming year; in terms of dealflow, fundraising, debt availability and the increasing...
Some sunny day...
Following a near barren second half of 2008, which saw an almost complete drying up of debt financing amidst a collapse in the global banking sector, buyout houses will now be looking optimistically to the year ahead. However, it may be some time before...
Q&A: Weathering the 'perfect storm'
Following an almost doubling of activity in the German small- and mid-cap segment January and September 2008, the financial crisis finally began to take its toll on the space in the final quarter. Mareen Goebel speaks with Andreas Schober , vice-chairman...
Evolving infrastructure
In recent years the amount of capital being raised for dedicated infrastructure funds has risen substantially and the sector has emerged into a major new area for investment. With raising and deploying capital in the traditional LBO market becoming increasingly...
NORWAY - Picasso et al. invest NOK 73m into Lytix
Norwegian drug developer Lytix Biopharma has secured NOK 73m funding from existing investors including Picasso Kapital AS, SåkornInvest Nord AS, The University of Tromsø and Norinnova AS, among others.
EUROPE - Final quarter records lowest deal value for a decade
Though it will come as no surprise that private equity investment in Europe dropped considerably in the final quarter of 2008, the scale of the decline just might; with deal value sliding 59% against the preceding three months from around EUR 20bn to...
GLOBAL - CalPERS hires investment chief
US pension fund CalPERS has appointed Joseph Dear, the head of the Washington state fund, as its new chief investment officer following a nine-month search.
FINLAND - Nexit Ventures and FII support Axel with EUR 2.4m
Existing investors Nexit Ventures and Finnish Industry Investment Ltd (FII) has invested EUR 2.4m in multistandard mobile TV developer Axel Technologies.
FINLAND - FII, InnKap and Tempo Capital back Silecs with EUR 6m
Government-backed Finnish Industry Investment Ltd (FII) has alongside InnovationsKapital and Tempo Capital Partners invested EUR 6m in Silecs Oy, a developer of materials for the microelectronics industry.
FINLAND - FII, InnKap and Tempo Capital back Silecs with EUR 6m
Government-backed Finnish Industry Investment Ltd (FII) has alongside InnovationsKapital and Tempo Capital Partners invested EUR 6m in Silecs Oy, a developer of materials for the microelectronics industry.
