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HIG Capital targets €760m for second Europe fund
HIG Capital has officially launched its second Europe fund, HIG Europe Capital Partners II, with a target of around €760m, according to documents filed with the US's Securities and Exchange Commission (SEC).
Q1 Barometer: Deal value hits four-year low
Q1 Barometer
Large-cap market awakens after tepid Q1
European buyouts valued in excess of €500m have been conspicuous in their absence in the first quarter following a flurry at the tail-end of 2012 – but recent weeks have shown signs of a revival.
F&C holds €90m first close for fund-of-funds
F&C has held a тЌ90m first close for F&C European Capital Partners II, a European mid-market fund-of-funds.
Balderton on the road for fifth fund
Venture firm Balderton Capital has started marketing its new vehicle, according to documents filed with the US's Securities and Exchange Commission (SEC).
Adams Street closes Secondary Fund 5 on $1bn
Adams Street Partners has closed its Global Secondary Fund 5 on its $1bn hard-cap.
The end of the Nordic dream?
Buoyant economies and market-beating returns have long made the Nordics top of LPs' wish lists. But a slowdown in exit activity combined with an increase in capital chasing deals may indicate tougher times ahead.
Advent steps back from CEE: Interview with Joanna James
Advent in CEE
Sun Capital merges five portfolio companies
Sun Capital has announced plans to combine five of its US and European plastic packaging businesses to create Luxembourg-based Exopack Holdings Sarl, the sixth largest company of its kind worldwide.
NBGI appoints Young as senior adviser
NBGI Private Equity has appointed former Allied Healthcare CEO Sandy Young as a senior adviser.
Sovereign wealth funds to shape the future of PE
Sovereign wealth funds will be a major LP group in 20 years’ time, according to a panel at the Guernsey Funds Forum 2013. Amy King reports
Duke Street hunts for new backers ahead of fresh fundraising
Duke Street Capital is looking for new backers to replace existing investors in its funds ahead of a fresh fundraising attempt, according to reports.
Swedish GPs cash in on pharmaceutical reform
Swedish healthcare bonanza
Cerberus closes fifth fund on $2.61bn
Cerberus Capital Management has raised $2.61bn for CIP V, a fund focused on turnarounds and distressed situations, according to reports.
LP Interview: Hermes GPE's Alan MacKay
LP interview
VC-backed Shazam to pursue IPO
Shazam, a London-based mobile music recognition app developer, is to pursue an initial public offering.
German activity sluggish despite mega-deals
German activity
Italian merchant bank begins direct PE investment
Italian turnaround
CEE: Under-marketed and overlooked?
Central & Eastern Europe is a strong performer over a 10-year investment horizon, but investors remain wary. Is it time to take another look at the region? Kimberly Romaine reports from Warsaw
Mezzanine makes its comeback
Mezz bounces back
Intel Capital et al. back $12m Gengo funding round
Intel Capital, Iris Capital, Infocomm Investments, NTT Docomo Innovation Ventures, ST Ventures and Atomico have invested in a $12m series-B funding round for Tokyo-based translation platform Gengo.
Blackstone agrees to buy Strategic Partners from Credit Suisse
Blackstone Group has agreed to acquire Credit Suisse Group AG’s secondary private equity business, Strategic Partners, for an undisclosed price.
Nordic Capital: Clear strategy vital for success
Q&A: Nordic Capital
EU Commission contemplating stricter merger control laws
The EU Commission is thinking of introducing stricter controls on company mergers, threatening to lengthen processes for minority stake acquisitions.