Southern Europe
Ambienta raises $150m for absolute return fund
Ambienta X Alpha is managed by a team based in London, led by chief investment officer Fabio Pecce
Star Capital closes fourth fund on €140m
Fund targets Italian companies operating in a wide range of sectors and has a special focus on ESG
CDP commits additional €100m to FoF PE Italia
New commitment brings the total capital raised by the private equity fund-of-funds to €300m
Chimera Investments backs bike company Colnago
Colnago's founder, Ernesto Colnago, will retain a small minority stake in the business
Spanish GPs navigate tough fundraising, deal-making environment
Unquote rounds up notable funds delayed or postponed, and gathers dealflow updates from managers
Indaco Venture, Invesco invest €3m in Expert System
Company intends to use the fresh capital to further expand internationally, primarily across the US
Altamar holds first close for €750m secondaries fund
ACP 4 targets the growing market for GP-led secondary transactions
Tech, IT and software valuations remain stable – survey
Report from GCA Altium tracks the effect of the coronavirus crisis on listed technology companies
Armilar Venture, K Fund lead €1.8m round for Appentra
Previous backers Caixa Capital Risc, Xesgalicia and Unirisco also take part in the investment
FIEE launches €175m second fund
FIEE is an Italian private equity firm dedicated to the energy efficiency and renewable sectors
Bullnet Capital, Inveready invest €3m in Anyverse
Company intends to use the fresh capital to develop new features and consolidate its market position
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
FIEE backs Cremonesi
FIEE invests in Italian companies operating across the energy efficiency and renewable sectors
Index Ventures raises $2bn across two new funds
Index Ventures Growth V, which targets later-stage companies, raises $1.2bn, while Index Ventures X closes on $800m
Abac Capital exits Metalcaucho to trade
Sale ends a five-year holding period for the GP, which invested in the company via Abac Solutions
CRV leads €15m series-A for Factorial
Previous backers Creandum, Point Nine and K Fund also take part in the investment
October starts deployment of Italian direct lending fund
Firm also manages October SME IV, a European Long Term Investment Fund (ELTIF) with a €250-300m target
K Fund in €1m round for Frontity
Company plans to use the financing to improve its framework, roll out new features and grow its community
Tikehau launches fund for Banca March private clients
Fund focuses on companies active in energy transition by financing their development and expansion
Market braces for 12.6% drop in valuations by Q2 – report
NAVs expected to drop for Q1, with a steeper mark-down for Q2 as the crisis take its toll
Rhône Capital to increase stake in Maxam to 71%
Rhône Capital already owns a 45% stake in Maxam, which it acquired from Advent International in 2018
CVC Capital Partners backs Skroutz
GP deploys capital from CVC Capital Partners Fund VII, which closed on its €15.5bn hard-cap in 2017
MCH holds €200m first close for fifth private equity fund
MCH Iberian Capital Fund V has a €400m target and invests in mid-sized Iberian companies
F2i backs Compagnia Ferroviaria Italiana
GP invests via Ania F2i Fund, a vehicle launched in partnership with the Italian insurance association Ania