UK / Ireland
Border to Coast bolsters alternatives expertise with new hire
Thelwell's appointment comes as BCPP is looking to expand its internal investment capabilities
Gresham House invests in Rezatec
Gresham's investment is intended to grow Rezatec and continue its international expansion
EC launches €300m platform Escalar
In its pilot phase, Escalar will provide up to тЌ300m, backed by the European Fund for Strategic Investments
Blue Venture and HealthQuest invest in UK company Perspectum
Company has reportedly raised $47m since being founded
Capital Constellation enters partnership with Pollen Street
Capital Constellation will provide capital in a bid to support the continued growth of Pollen Street
Maven and GAM lead £10m funding round for Push
Founded in 2006 and based in London, Push operates offices in Silicon Valley and Dublin
Crescent European Specialty Lending Fund II closes on €1.6bn
CESL II invests in a diversified portfolio of private secured debt issued by European companies
Secondaries players hold fire despite copious dry powder
Market is likely to pause until Q2 2020 valuations are released, potentially leading to a flurry in Q4
Searchlight-backed GRP bolts on two insurance brokers
Company is seeking targets with ТЃ1-10m EBITDA for its insurance brokerage buy-and-build strategy
YFM hires BDO's Wrench
Wrench has taken the position of investment director in the firm's London office, investing in SMEs
Oakley exits Inspired Education
Oakley II held a final close on тЌ524m in December 2014 and has since made five realisations
StepStone closes fourth secondaries fund on $2.1bn
SSOF IV's investment strategy focuses on the inefficient segments of the secondaries market
Q&A: Cambridge Associates' Featherby on PE's time to shine
Very few managers will have net benefited from this crisis, says Featherby, but PE could still showcase its ability to outperform
How private equity is helping fight the Covid-19 outbreak
A round-up of initiatives by GPs across Europe т and their portfolio companies т to help their communities
Palatine invests in Acora
Acora was sold in an auction, which saw Inflexion Private Equity and LDC make bids
BVCA proposes £500m early-stage funding facility
Submission proposes a bridge funding facility in the form of a convertible loan of up to ТЃ5m per company
Inflexion donates £2.5m to support Coronavirus relief
GP launched its foundation in 2018 and donates 1% of its profits from funds to the organisation
Insight Partners XI closes on $9.5bn
Fund deploys equity tickets in the $10-350m range in startups operating across the software industry
YFM closes Buyout Fund II on £80m
GP plans to make investments this year and expects prices to drop "somewhat" in the current environment
Lakestar leads $13m series-A for Yapily
Lakestar is currently investing its third early-stage-dedicated fund and its first growth fund
Warburg Pincus leads $80m series-C for Privitar
Warburg Pincus is currently investing from its Global Growth Fund, which closed on $14.8bn
Elysian sells Wellbeing for 4.5x return
Wellbeing is a provider of radiology and maternity software that manages patient workflow and data
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
KKR invests up to $500m in Kilter
Kilter Finance makes investments from its own balance sheet and is funded by its management team