Nordics
GLOBAL - Secondaries pricing dips to five year low
Pricing of limited partnership interests on the secondaries market dipped to its lowest level for five years in H2 2008, with the average high bid falling to just 61% of NAV according to the Winter 2008 Secondary Pricing Analysis Interim Update , produced...
FINLAND - CapMan holds first close on EUR 203m
Capman has held a first closing of its ninth buyout fund on EUR 203m, not final as accidentally reported yesterday on unquote.
SWEDEN - Priveq acquires San Sac
Priveq Investments has acquired a majority stake in Swedish waste disposal equipment supplier San Sac AB for an undisclosed sum.
EUROPE - Shearman & Sterling promotes 12 to counsel
International law firm Shearman & Sterling has promoted 11 lawyers to counsel and one to European counsel.
Permira's plight
Permira is letting its investors scale back. Reactions are mixed
A leap of faith
We enter the new year with uncertainty and apprehension about what lies ahead, after a turbulent 2008. As Jarle Gundersen of Norvestor Equity put it: "We started off with annus mirabilis and ended up with annus horribilis."
Debt and the importance of being in the know
As the outlook for debt financing becomes bleaker, two Nordic buyout houses lead the way and gain in-house debt expertise, reports Rikke Lilla-Eckhoff
FINLAND - CapMan expects 15% decline in portfolio value
CapMan has announced that it estimates a decline of 15% on the fair value of its fund investments in Q4 2008.
NORWAY - Ratos-backed Arcus acquires four spirits brands
Arcus, a Norwegian wine and spirits supplier backed by Ratos, has acquired Grönstedts Cognac, Star Gin, Red Port and Dry Anis from Pernod Ricard.
SWEDEN - Northzone et al. invest EUR 3m into Playdo
Northzone Ventures and Miniclip Ltd have led a EUR 3m financing round for Playdo AB, an internet game developer.
NORWAY - Capricorn supports Metallkraft with EUR 3.5m
Capricorn Venture Partners, through the Capricorn Cleantech Fund, has invested EUR 3.5m into Metallkraft AS, a Norwegian recycling business for the solar industry, as part of a EUR 22.8 funding round.