UK / Ireland
Bridges hits £50m mark for evergreen vehicle
Permanent capital vehicle was launched in December 2016, with initial commitments of £23m
SWFs consider reducing PE allocations – survey
Private equity remains among the most popular asset classes in the alternatives space
Bregal Milestone holds €400m final close for debut fund
Fund will make non-control investments in European family- and founder-led businesses
Hg-backed Cogital buys Wilkins Kennedy
Deal is the largest bolt-on to date for Cogital Group since it began investing in December 2016
Lonsdale acquires Elite Electronic Services
Deal marks the sixth investment for Lonsdale since closing its first institutional fund
Lyceum buys DMC Canotec
Lyceum will invest alongside DMC Canotec's management team to support its growth
NorthEdge's SME Fund I closes on £120m
NorthEdge's small-cap-focused vehicle, launched in February 2018, hits £120m hard-cap
Apiary holds £200m final close on debut vehicle
Fund is seeking investment opportunities in business services, healthcare and education
Inflexion buys 20% stake in Mountain Warehouse for £45m
Deal values the outdoor clothing and equipment retailer at around £310m
Abingworth closes 12th fund on $315m
ABV VII will follow the same strategy as its predecessor, investing in early- and late-stage deals
ECI reaches £700m hard-cap for fund 11 in less than three months
ECI 11 was launched in mid-April this year and is 40% larger than its predecessor
Investec hires HSBC's Burgess
Burgess will focus on origination and execution of private debt services across Europe
Pantheon opens Japan office, hires three
New operation based in Tokyo, Japan will be Pantheon's seventh international office
Achleitner joins Investcorp advisory board
Career academic sits on the advisory board of several other financial institutions
Investors report data concerns for ESG in alternative investments
ESG is a relatively new topic for pension funds in the UK, they are interested in understanding its impact on them, finding out the best practises, adapting to the relevant regulation
Madison Dearborn and HPS acquire UK insurance firm PFP
US private equity houses own Ardonagh, a group of UK-based insurance brokers
VC firms back $20m series-C for Fever
Round is co-led by Spanish media company Atresmedia and technology real-estate business Labtech
Allocate 2018: ESG gains traction with European LPs
Numerous reports and studies have shown that LPs are increasingly concerned about their GPs' environmental, social and governance policies
NVM leads £2m round for Newcells Biotech
NVM provides £1.5m towards the round, while Northstar contributes the remaining £500,000
RCapital acquires Havelock from administrators
Acquisition of shopfitting company will safeguard 300 jobs and Havelock's manufacturing sites
Draper Esprit to co-invest with Earlybird
Draper Esprit has taken a stake in Earlybird's new Digital West Early Stage Fund VI
SwanCap launches co-investment fund
SwanCap held a final close on €433m for SwanCap Opportunities Fund III in February 2018
Investec sells Investigo to BCI
Sale of the professional-services-focused recruitment firm brings to an end a five-year tenure
Hg’s Cogital buys Westleton Drake
Transaction is a bolt-on for the group's UK division, tax adviser Blick Rothenberg