Nordics
Pemberton targets €2.5bn for second European debt fund
Vehicle's 2016-vintage тЌ1.2bn predecessor is now understood to be fully deployed
CapVest targets €1bn for fourth fund
Vehicle is a significant increase on CapVest Equity Partners III, which closed on тЌ482m
Procuritas acquires Temporary Space
GP makes the deal via its sixth fund, which held a final close on its hard-cap in May last year
PE generates best returns for Industriens Pensionsforsikring
Private equity (6.1%) and infrastructure (3.5%) are the best performing asset classes for the LP
GP Profile: Lakestar
Unquote speaks to founder Hommels about the VC's future ambitions and the European venture landscape
DN Capital et al. in $8m round for Happeo
Fresh capital will enable the firm to expand its integration suite with LinkedIn, G Chat and Slack
Verdane invests €9.5m in Freespee
GP draws capital for the transaction from Verdane Capital IX, a SEK 3bn secondaries fund
Rocket Internet launches second fund
Rocket Internet Capital Partners I held a final close on its $1bn hard-cap in January 2017
Ares closes fourth direct lending fund on €6.5bn
Final close comes within six months of launch, with the fund oversubscribed for its тЌ4.5bn target
Reshaping the GP shareholding landscape
As the private equity market matures, shareholding structures of GPs are being reshaped, with a number of M&A transactions and minority stake sales
Pegasus Capital Advisors invests in Yanzi Networks
With the capital injection, Yanzi plans to accelerate development of its products and expand globally
Paladin leads €3m series-A extension for DPOrganizer
Nordic VCs Industrifonden, Creades, Inbox Capital, and SolУЄng Invest also participated in the round
Insight closes 10th fund on $6.3bn
Total is 5% more than the fund's $6bn target and 32% more than the $4.75bn raised by its predecessor
Accent sells S:t Eriks to trade
Volati will wholly acquire the company from the Accent Equity 2012 vehicle and management
Pamica acquires majority stake in Ställning Karlskoga
With Pamica as majority investor on board, the company plans on developing its digital presence
VC firms back £30m funding round for Orbex
Capital will be used to launch orbital vehicles from the UK's newly announced spaceport
Entry multiples stay frothy in Nordic region
Valuations in the Nordic countries are notably driven by high-multiple deals in the TMT and business services sectors
Abry Partners sells Basefarm to trade
PE-backed Norwegian IT services company Basefarm is acquired by France-based corporate Orange
ICG approaches first close for seventh European fund
ICG Europe VI held a final close on тЌ3bn in July 2015 and was 60% invested as of September 2017
AP4 eyes sustainability-focused PE funds
Public pension fund has an appetite for co-investments in unlisted direct investments
Cinven buys Envirotainer
Cinven draws equity for the deal from the Sixth Cinven Fund, which held a final close on тЌ7bn
Partners Group's private equity AUM increases 7%
Switzerland-based firm announces тЌ2.37bn new commitments for its private equity strategy
SGG Group buys Augentius in fund admin consolidation play
Transaction would make SGG the fourth largest investor services firm worldwide with $400bn AUM
TA backs Norway-based Compusoft
TA says it expects demand for kitchen and bathroom modelling services to rise across Europe