Unquote
Bridgepoint targeting EUR 7bn for seventh flagship fund
Bridgepoint is officially in the market for its latest flagship private equity fund
Valuations rising as food & beverage whets PE's appetite
Within the space of a year, average pricing in the space has increased by 2.2 turns of EBITDA, research by Clearwater and Unquote shows
StepStone registers next Secondary Opportunities fund
Firm held a final close for SSOF IV on USD 2.1bn in early 2020
HIG closes Europe Middle Market fund on EUR 2bn
GP's first mid-market fund was launched in September 2020, according to Unquote Data
Carlyle backs European strategies with ESG facility
Credit facility is linked to targets such as board diversity and greenhouse gas emissions monitoring
Former Amazon exec Garambois joins Advent as operating partner
Xavier Garambois spent 18 years at Amazon and led the European consumer business from 2012 until 2020
Revo Capital nears final close for Fund II
Venture capital firm is also eyeing two more investments in September, according to MD Cenk Bayrakdar
Marlborough founder David Parker joins Axis Arbor
New debt advisory firm was launched last year and notably advised on the Deliveroo IPO
Unquote Private Equity Podcast: Climb in pricing persists
Following the publication of the Q2 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
Q2 Barometer: Robust Q2 performance bodes well for H2
The latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments, is now available to download
Multiples Heatmap: PE continues to pay ever more for assets
Deal multiples record a fifth consecutive quarterly increases to reach 11.8x in the second quarter of 2021
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
No sign of summer holiday for PE as dealflow beats records
In June and July 2021, deal volume surpassed 2019's record by 13%, with aggregate value up by 33%
Hamilton Lane raises USD 475m across two Large Buyout Club funds
Hamilton Lane now intends to launch a Venture Capital-focused fund as an extension of the strategy
Gyrus closes Investment Programme on EUR 430m
Gyrus expects the funds to be fully deployed within 12 months, with a new fundraise in 2022
KKR registers new tech growth fund
Incorporation comes 18 months after the previous vehicle in the strategy closed on USD 2.2bn
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
ArchiMed raises EUR 650m in less than two months
Fund is double the size of its predecessor, MED II, which is now invested in 11 companies
Secondaries activity rebounds to record USD 55bn in H1 – survey
Direct secondaries account for the majority of transactions for the first time ever, says Setter Capital
PAI buys PepsiCo US juice brands for USD 3.3bn
Deal also includes an irrevocable option to sell certain juice businesses in Europe
SVPGlobal closes SVSS V at USD 5bn hard-cap
SVSS V closes three months following its first close, and exceeds its USD 2.85bn predecessor
Houlihan Lokey to buy GCA
GCA Altium and GCAтs US business will operate under the Houlihan Lokey brand
Carlyle raises USD 18.2bn in H1 2021
Increase in AUM is principally driven by a strong haul for the real estate and credit strategies
Permira registers eighth flagship fund
GP could be aiming for more than USD 15bn, up from EUR 11bn for Permira VII, according to an earlier report