UK / Ireland
UK - YFM invests £120,000 into New Net Technologies
YFM, alongside management, has invested £120,000 into software company New Net Technologies in a second round of financing for the business.
UK - Finance Wales invests £315,000 into Ocelus
Finance Wales has invested £315,000 in drug company Ocelus as part of a second funding round worth close to £500,000.
UK - Moulton appointed non-exec chairman of finnCap
Private equity veteran Jon Moulton has been appointed non-executive chaiman of finnCap, the specialist growth company adviser and broker.
UK - ICG close to securing 25% stake in CPA
Ripe from its largest ever capital gain on the £975m Apax-Marken deal at the end of December, ICG is reportedly close to acquiring a 25% stake in CPA Global, the Jersey-based patent and legal services firm, in a £400m deal.
UK - ISIS realises part of its investment in Traveljigsaw through refinancing
ISIS Equity Partners has realised part of its investment in online travel agent Traveljigsaw through a multi-million pound refinancing, which sees Yorkshire Bank more than double the facilities available to the business.
UK - Lyceum Capital acquires UKDN
Mid-market investor Lyceum Capital has acquired a majority stake in drainage claims manager UK Drainage Network for an undisclosed sum.
UK - Phoenix sells Acorn Care & Education to Ontario Teachers
UK-based buyout firm Phoenix Equity Partners has agreed to sell its portfolio company Acorn Care & Education, a provider of foster care services and schools for children with learning disabilities, to one of its biggest LPs, Ontario Teachers Pension Plan.
UK - Clessidra seeks buyer for Prenergy Power
Italian buyout house Clessidra is said to be seeking a buyer for Prenergy Power, a biomass plant.
UK - MTI and YFM to manage £9m NWDA fund.
MTI Partners and YFM Group have received a mandate from the Northwest Regional Development Agency to jointly manage a new £9m capital pool.
UK - Bestport in £4.5m round for Intela
Bestport Ventures has led an investment in internet marketing company Intela, committing a little over £3m in a round totalling £4.5m. ETV Capital will provide the remainder in facilities and loans.
UK - Braveheart launches Beta EIS Fund
Braveheart Ventures has launched its Beta EIS Fund, a successor to the Group's Alpha EIS Fund.
UK - Duke Street sells Affinity to Priory
Duke Street Capital has sold UK mental healthcare business Affinity Healthcare to The Priory Group for an undisclosed sum.
EUROPE - London to be worse hit if AIFM goes through
The call for tighter regulation of the private equity markets, is likely to "hit London far more than anywhere else" says Clare Grayston, partner at Nabarro in a recent video interview with unquote". See the video on www.unquote.com .
GLOBAL – Unigestion's Secondary Opportunity II hits EUR 135m first close
Privately-owned asset manager Unigestion has held a first close of Unigestion Secondary Opportunity Fund II on EUR 135m.
UK – BC Partners looking to raise EUR 5.8bn for new fund
BC Partners is reportedly planning to raise a new EUR 5.8bn fund, proof that the large-cap sector could be reviving.
FRANCE/GERMANY/UK - Indigo promotes four
Specialist mezzanine investor has promoted Adrian Lurie, Nicole Waibel and Cyril de Galea to partner, and Esteban Abad to investment director.
UK - BC Partners drops bid for Matalan
BC Partners has reportedly dropped out of the auction for UK discount retailer Matalan, which has been put up for sale for a price tag thought to be around £1.5bn.
EUROPE - Carlyle makes senior promotions across Europe
Buyout house Carlyle has promoted 33 professionals to senior positions across its offices globally, with four in the firm's London office.
UK - Gresham appoints Lloyds' Blower to Manchester team
Mid-market private equity firm Gresham has hired Mark Blower as partner in its investment team in Manchester.
EUROPE - HgCapital to close sixth fund on £1.85bn
Mid-market investor HgCapital is close to a final close of almost £2bn for its sixth buyout fund, above its original target.
GLOBAL - Blackstone raises $9bn so far for its sixth fund
According to reports based on a letter to its investors, Blackstone has so far raised about $9bn for its sixth buyout fund, BCP VI, and is hoping to hold a final close of the vehicle in June.
UK - Latham & Watkins appoints Ashurst's Ward as London partner
Law firm Latham & Watkins has hired Graeme Ward as private equity partner in the London office.