Unquote
KKR appoints new senior adviser for Europe
Ajay Kavan most recently served as CEO of Matches Fashion, following several roles at Amazon
PE deal-making surge of 2021 could break one more record
Recent trends in the mega-deal segment indicate that the Alliance Boots buyout of 2007 is a record that is close to being broken
Swen recruits two to launch Blue Ocean impact strategy
Christian Lim and Olivier Raybaud join as managing directors to focus on ocean regeneration
VC fundraising enjoys strong 2020 vintage, sunny prospects
With record amounts of capital raised for the strategy, venture capital fundraising does not appear to have been slowed by the pandemic
17Capital provides portfolio finance facility to Investcorp
Deal results in exposure to a portfolio of PE, real estate and credit assets in the US and Europe
Oakley hires new partner, makes raft of promotions
GP makes six promotions within its investment team, and hires Valero Domingo as partner
LP returns from PE at "record levels" – Coller Capital
Two thirds of LPs have now achieved overall net returns of between 11% and 15% from private equity
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Unquote Private Equity Podcast: Pandemic premiums
Following the publication of the Q1 2021 Multiples Heatmap, Unquote welcomes Clearwater's executive team to discuss pricing trends
Schroders rebrands private assets under Schroders Capital
Private equity, private debt, real estate and infrastructure are all part of the platform
Heritage funds: Large-cap players explore mid-cap opportunities
With Astorg on the road, and Triton and PAI having closed smaller funds this year, Unquote looks at what is driving the trend
Ambienta hires four
Demeunynck and Héron join Ambienta's Paris office, while Leu and Balz join its Munich office
Rothschild closes second Five Arrows multi-strategy PE fund on €366m
Fund targets fund investments, late primaries, secondaries directs and direct co-investments
Unquote Private Equity Podcast: First-time fortunes
Vincent Van den Brink and Greg Kok from fund administrator JTC discuss how recent months have affected the fortunes of first-time funds
TA Associates closes TA XIV fund on $12.5bn
Firm also closes its second-generation re-investment fund, TA Select Opportunities Fund II, on $1.5bn
Sanne board rejects fourth Cinven offer
Latest proposal offers 850 pence per share, a small uptick on the 830 pence offered earlier
Pandemic success boosts appeal of "misunderstood" gaming sector
PE and VC interest for the sector has picked up in the past few years after a lull, and the pandemic could turn some of these bets into winners
KKR gears up for sixth European fund
GP's predecessor vehicle closed in 2019 on €5.6bn and was 41% deployed as of December 2020
GP Profile: OpenGate pushes ahead with intensive buy-and-build plans
Carve-out specialist is eyeing a number of bolt-ons for assets including Fichet and Jøtul, and plans to launch a new fund soon
Multiples Heatmap: hectic Q1 further fuels valuation hike
Deal multiples saw four consecutive quarterly increases to reach 11.5x in the first quarter of 2021
Funds maturing in 2021: what is still in PE and infra portfolios
Unquote and Inframation delve into seven of the largest funds maturing around 2021 to highlight potential M&A and secondaries opportunities
Bain Capital Ventures Fund 2021 raises $1.3bn
Fund intends to focus on digital commerce, fintech, digital healthcare and cloud infrastructure
PE-backed IPOs on track for best year since 2017
This year has already seen 26 portfolio companies listing, with a total offering volume approaching тЌ12.7bn
Kartesia Credit Opportunities Fund V hits €1.5bn hard-cap
Fund provides flexible and bespoke credit solutions to lower-mid-market European companies