Nordics
EUROPE - CVCs remain optimistic
Corporate Venture Capitalists (CVCs) remain optimistic about investment activity in Europe according to a survey published by Ernst & Young, with respondents anticipating that Europe will be the second most important market globally over the next 24 months,...
SWEDEN - Altor appoints head of financing
Altor Equity Partners has appointed Anders Bierke as head of financing. He joins the buyout house on 2 December.
EUROPE – Robeco lauches "responsible" PE fund-of-funds
Fund manager Robeco, a unit of Rabobank, has launched its second тresponsibleт private equity fund-of-funds with a EUR 250m target.
SWEDEN - DN Capital invests EUR 4m into Tbricks
London-based venture capital firm DN Capital has, together with private investors, invested EUR 4m into Swedish automated trading software company, Tbricks.
SWEDEN - Ledstiernan defies market and delivers positive result
Swedish private equity company Ledstiernan presented a strong cash position and a positive result in its interim report for January-September 2008.
GLOBAL - BNY Mellon launches private equity fund admin service
The Bank of New York Mellon's Alternative Investment Service is launching a private equity servicing platform.
EUROPE - American Capital to acquire European Capital for USD 158m
European Capital has entered into an implementation agreement with majority owner American Capital that will see the latter acquire the 32.3% of shares it does not currently own for a total consideration of around USD 158m.
EUROPE - LSP reaches first closing of LSP IV at EUR 75m
Life Science Partners has reached the first closing of their fourth fund, LSP IV, on EUR 75m - half way through its EUR 150m target.
SWEDEN - Accent reaps 3x return from Annas exit
Accent Equity Partners has sold Annas Pepparkakor, a Swedish cookie producer, to Belgian strategic investor Lotus Bakeries for an undisclosed sum, reaping a 3x money multiple over the course of the investment.
SWEDEN - Koncentra and LinkMed inject
Existing backers Koncentra Holdings and LinkMed have invested SEK 57.5m (USD 7.3m) into drug developer AnaMar Medical AB.
EUROPE - KKR appoints head of infrastructure fund
It is understood that KKR has appointed JУЉsus Olmos, currently director of corporate development at energy company Endesa, as the new head of its European infrastructure, energy and transport fund.
NORDIC - GPs still in waiting
Speaking at the Nordic unquote" Private Equity Congress in Stockholm today, Caspar Callerstrom of EQT Partners claimed GPs were engaged in 'a waiting game'; holding deals until vendors align their price expectations with current market trends.
NORWAY - Herkules closes largest ever Norwegian private equity fund
Herkules Capital (formerly Ferd Private Equity) has launched and closed its third fund, Herkules III, on more than NOK 6bn (approximately EUR 700m), making it the largest Norwegian private equity fund ever raised.
SWEDEN - Ratos-backed EuroMaint acquires Husqvarna division
Ratos portfolio company EuroMaint, a Swedish maintenance company, has signed a declaration of intent with Husqvarna to acquire the company's maintenance and tools operations.
DENMARK - Vækstfonden backs DKK 6m Bjerre Media funding
Government-backed Vækstfonden has invested DKK 3m as part of a DKK 6m funding round for Bjerre Media, a Danish publisher that has developed a customer service system for publishing houses, alongside five business angels.
GLOBAL - KKR delays listing
Kohlberg Kravis Roberts & Co (KKR) has delayed its plans to go public for a second time this year, blaming the current market conditions.
EUROPE - Reitberger joins Wellington's cleantech team
Christian Reitberger, a former partner at Apax Partners, has joined pan-European venture capital firm Wellington Partners as venture partner.
SWEDEN - EQT-backed Ivytan makes SEK 3.9bn cash offer for Q-Med
Ivytan AB, which is indirectly owned by EQT and Lyftet Holding, has made a cash offer for Swedish biotechnology firm Q-Med valuing the business at SEK 3.9bn. The bid is priced at SEK 39 per Q-Med share - a 24% premium to the closing price on 31 October....
EUROPE - Carlyle raises EUR 530m for European technology
The Carlyle Group has closed its second European technology fund, Carlyle Europe Technology Partners II (CETP II), on EUR 530m, exceeding its initial target of EUR 500m.
SWEDEN - Riverside-backed Sage acquires H&H
The Riverside Company-backed international communications company Sage Holdings has acquired Hallvarsson & Halvarson (H&H), a Swedish corporate communications and web services firm.