UK / Ireland
VC-backed Darktrace lists on LSE
Cybersecurity platform has a market cap of around £1.7bn; it raised its first funding round in 2013
Tikehau's SPAC Pegasus raises €500m
Tikehau, Financière Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of €165m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its €6.5bn predecessor
Bain Capital, JC Flowers back Co-operative Bank
Bain Capital and JC Flowers become investors in the bank alongside its five other current financial sponsors
Endeit Capital holds final close for third fund on €250m
Fund II closed on €125m in 2016; Fund III will continue to invest scale-up capital in European startups
Softbank leads $225m series-D round for Exscientia
Japanese investor provided additional $300m equity commitment that can be drawn at the company's discretion
Aurelius announces UK team appointments
Simon Jobson joins the London team as a principal; Shivani Sheth joins as an investment associate
Levine Leichtman backs Prime Global
This is the fifth investment made by Levine Leichtman Capital Partners Europe II, which closed on €463m in 2020
Number of UK club deals reaches three year high – Pinsent Masons
Club deals allow GPs to share risk, buy larger businesses, and reduce the need for high leverage, the law firm said
LeadBlock plans €100m second close for blockchain fund
Fund held a first close on €10m in March this year and will invest at the seed and series-A stages
Bowmark promotes four
Firm promotes Cheong and Elliott to partners, Keen to investment director and McRae to investment manager
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
Columbus Life Sciences Fund III closes on €120m
Fund invests in early-stage and high-growth opportunities across the life sciences and pharmaceutical industries
AlpInvest Co-Investment Fund VIII closes on $3.5bn
ACF VIII invests alongside GPs in private equity buyouts and growth capital transactions across a variety of sectors
Endeavour Vision closes Medtech Growth II on $375m
Fund is 30% larger than its predecessor and will continue to focus on medtech growth investments
MusicMagpie lists in £208m IPO, NVM reaps 12x return
NVM generates proceeds of £72.5m from the exit and retains a 16.1% holding worth £33.4m
NorthEdge announces senior appointments, promotions
A chief operating officer and head of ESG are among the new appointments at the UK-based GP
ECI sells Investis Digital to Investcorp, reaps 2.6x return
GP intends to accelerate the company's product innovation and diversification, and boost its growth via M&A
Cusp Capital announces €300m debut fund
Newly launched VC is led by former Tengelmann Ventures partners and managing directors
Primo Digital Fund launches with €80m target
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
Endless buys school and nursery supplier Findel Education
GP's £30m investment is the first platform deal from its £400m Endless V vehicle
Unquote Private Equity Podcast: Onwards and upwards for Jersey
The Unquote Private Equity Podcast welcomes back Jersey Finance to discuss what the jurisdiction can offer private equity GPs
Searchlight hires new global head of value creation
Amanda Good joins from Hg as partner; she has prior experience with Bain & Company
Lansdowne et al. in $120m round for TechMet
Company intends to launch a new round of funding later this year, with the goal of raising around $250m
