UK / Ireland
Albion pours £3.1m into hydro project
Albion Ventures has invested £3.1m into Green Highland Renewables (GHR), a Perth-based developer of hydropower schemes.
Warburg Pincus acquires Source
Warburg Pincus has agreed to acquire a majority stake in London-based asset manager Source.
LGV’s Priestley joins Electra
Bill Priestley, Electra Partners
Deal in Focus: Isis exits Kafevend to trade
Isis Equity Partners’ sale of coffee vending machine company Kafevend to Eden Springs highlights the importance of diversification and flexibility from consumer to contract in the B2B drinks market.
AnaCap's Aldermore raises £40m ahead of IPO
Aldermore Bank, backed by AnaCap, Honeywell Capital Management and Ohio Public Employees Retirement System, has raised a further £40m from two hedge funds.
Electra buys Hotter Shoes from Gresham
Electra Partners has acquired a majority stake in the secondary buyout of UK shoe manufacturer Hotter Shoes from Gresham Private Equity.
Summit Bridge to manage $100m China-Ireland Fund
Atlantic Bridge Capital and WestSummit Capital have launched the $100m China Ireland Technology Growth Capital Fund.
Index Ventures backs Resource Guru
Index Ventures has led an $870,000 investment round for London-based scheduling systems firm Resource Guru.
Accel promotes two to partnership
Philippe Botteri, Accel Partners
Fintech: throwing down the gauntlet to financial services
Financial technology dealflow is growing at a steady pace and the banks are taking note. Amy King investigates the drivers and challenges behind the fintech revolution.
SVG shares down 8% as Aegon sells stake
Aegon has sold a 7.5% stake in listed private equity investor SVG Capital, resulting in an 8% share price drop.
Investcorp sells TDX for £200m
Investcorp has sold debt placement service company TDX Group to NYSE-listed Equifax for £200m.
Kernel and Enterprise Ireland back PR Slides
Kernel Capital and Enterprise Ireland have taken part in a €500,000 funding round for PR Slides, a Dublin-based online press office for fashion and beauty brands.
Palatine appoints Ashton
Charlotte Ashton, Palatine Private Equity
Insurers to ramp up private equity exposure in 2014
Insurers are rethinking their investment strategies and beginning to increase their exposure to private equity. Some are even looking at it from an asset-liability management perspective.
Amadeus IV Early Stage holds first close on £33m
Amadeus Capital Partners has held the first close of its new fund, Amadeus IV Early Stage, on £33.2m.
GCP divests Eldapoint
Growth Capital Partners (GCP) has sold Eldapoint to a2e Venture Catalysts through a re-engineered secondary buyout.
HgCapital to list Manx Telecom on AIM
HgCapital has appointed Liberum Capital and Oakley Capital to prepare for an AIM listing of Isle of Man telecoms group Manx Telecom.
Photo apps: negative returns or still developing?
As Facebook loses favour with the cool kids, hipsters are turning to Instagram, Snapchat or the latest photo sharing app to get their social network kicks. The question is, how long will consumers’ love of photo apps last and are they still worth the...
Hill joins Aztec board
Stephen Hill, Aztec Group
France's Access holds €190m first close for FoF
French funds-of-funds manager Access Capital Partners has held a first close on €190m for its latest vehicle, Access Capital Fund VI Growth Buy-out Europe (ACF VI).
Travers grabs major new client as Apollo reviews UK roster
US private equity house Apollo has carried out a review of its UK legal advisers, with Travers Smith on the roster for the first time alongside Slaughter and May, Ashurst and the London arm of Sullivan & Cromwell.
HarbourVest throws Motion lifeline
HarbourVest Partners has extended the life of Motion Equity Partners’ fund to enable it to exit portfolio companies.