Unquote
General Atlantic flagship fund GA 2021 closes on USD 7.8bn
Sixth flagship growth equity fund is more than twice the size of its USD 3.3bn predecessor
StepStone holds USD 690m final close for STGF III
STGF III will make fund, secondary and co-investments, focusing on technology and healthcare
Announced PE deals fall sharply in October
Could the market have finally reached full capacity following a record-breaking first half of 2021 for M&A?
Riverside hires Cole as fundraising and IR head
Allison Cole was previously head of fundraising and investor relations at Lightyear Capital
StepStone announces leadership transition
Scott Hart becomes sole CEO, while Monte Brem is to be named executive chairman
Unquote Private Equity Podcast: Leisure sector cleared for take-off
Unquote looks back at how the sector has fared, and speaks with PAI partner GaУЋlle d'Engremont following the ECG deal
GHO appoints new director of sustainable investing
GHO creates the new role in order to further institutionalise its commitment to ESG
Nauta closes fifth fund on EUR 190m
Fund was launched in December 2019 and went on to hold a first close in July 2020 on EUR 120m
Consumer dealflow rebounds strongly in Q3
More on-trend verticals such as technology and healthcare took a backseat in the third quarter, Unquote Data shows
Vast majority of LPs plan to increase impact allocations – survey
HarbourVest's 2021 ESG, Sustainability, and Impact Investing Survey collated responses from 130 LPs
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Healthcare buyouts approach record EUR 30bn in 2021
France has been the source of more than half of the aggregate value recorded to date
ECSO on lookout for LPs for EUR 1bn cybersecurity platform
ECSO aims to raise EUR 1bn by the third quarter of 2022, with the platform structured as a fund-of-funds
Carlyle gears up for next Europe Technology Partners fund
GP registers several Carlyle Europe Technology Partners V vehicles, with the most recent fund having closed in 2018
3i scores 47% IRR on Magnitude sale
Sale to US trade player Insightsoftware generates proceeds of USD 477m
Agilitas makes four new hires
Amol Judge, Nadja Goldbach, Niklas Quadt and Verdeep Dost join the investment team
Will private equity bank on rising interest rates?
Sponsors want in on banking businesses before greater confidence in asset quality and interest-rate hikes increase valuations
Podcast: In conversation with... Sunaina Sinha, Raymond James | Cebile
The Cebile Capital founder discusses the tie-up with Raymond James, and the key trends at play in the global fundraising and secondaries landscapes
White Star holds USD 360m final close for Fund III
Growth technology VC held a final close for its predecessor vehicle in 2018 on USD 180m
Leveraged loans issuance sets new record
High-yield bonds backing LBOs followed a different route, with volume decreasing 67% from Q2
Pantheon raises USD 624m for GP-led secondaries programme
Unquote recaps the fundraise and investment strategy with managing partner Paul Ward
2021 European PE exits already exceeding full 2020 tally
GPs are clearly looking to seize the initiative and clear out portfolios amid a general push to ink deals on the buy-side
Unquote Private Equity Podcast: Jersey doubles down on ESG
Unquote speaks with Elliot Refson to discuss how the jurisdiction is looking to better understand LP expectations and foster an ESG-focused ecosystem
Ace Capital raises EUR 175m for cybersecurity fund
Brienne III held a first close on EUR 80m in June 2019 and ultimately exceeded its target