Southern Europe
Portobello Capital exits Multiasistencia
Under Portobello Capital's management, Multiasistencia grew and expanded internationally
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
DeA Capital acquires Snaidero
GP deploys capital from its 2017 vintage, €300m corporate credit recovery fund, Idea CCR II
Nauta leads $2.2m seed round for Landbot
Spanish investment bank Bankinter and VC fund Encomenda Smart Capital also take part in the round
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
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
Nem exits food producer HDS
Nem acquired a 13.6% stake in Doreca, which owns HDS, in April 2013, via Nem Imprese II
Accel leads $3m seed round for FRVR
VC firm Makers Fund and several angel investors also took part in the funding round
DeA Capital holds €80m first close for agriculture fund
Management team will be supported by Ettore Fieramosca Advisor, which specialises in the agriculture sector
Pillarstone exits Cuki
Pillarstone acquired Cuki's loans from Italian banks Intesa Sanpaolo and Unicredit in 2015
Seaya et al. in €115m series-C for Glovo
Delivery platform will invest in recruitment and product development following the deal
Corpfin buys Grupo Barna
Grupo Barna plans to make an acquisition and commence its international expansion plans
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
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
Private debt picks up steam in Italy
Debt fundraising activity has been vibrant in Italy in recent months with the launch of several vehicles
Mandarin Capital looking to kickstart new fundraise in Q4
Italian private equity house is planning to start fundraising for its new fund, MCP III, in October
Allocate 2018: Risk-return for maiden managers and spin-outs
First-time vehicles have enjoyed historically good fundraising conditions over the last two years
ProA Capital acquires Neoelectra in SBO
Sale ends a four-year holding period for Sandton, which bought the company out of insolvency
Nauta et al. in $5m series-A for Lodgify
Existing investor Howzat Partners and newcomer Intermedia Vermögensverwaltung also take part
SWFs consider reducing PE allocations – survey
Private equity remains among the most popular asset classes in the alternatives space
Capital Dynamics acquires Advanced Capital
Advanced Capital currently manages generalist private equity, real estate and energy funds-of-funds
Ardian backs FiloBlu
Company will use the fresh capital to bolster its growth and expand internationally
Bregal Milestone holds €400m final close for debut fund
Fund will make non-control investments in European family- and founder-led businesses