Unquote
LGT raises $6bn across two secondaries funds
LGT's $1.5bn CSSO II and its $4.5bn CGS V vehicles will target a range of secondaries deals
OpenGate heads for third fund launch targeting up to $700m
GP is currently investing its second fund, which held a final close on $585m in November 2019
Neuberger Berman launches ELTIF
Fund focuses on buyout opportunities blended with some growth and structured equity
Q1 Barometer: Total European deal value reaches new decade high
The latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments, is now available to download
Appian Capital appoints Pinto as chief financial officer
Pinto will lead the investment strategy of Appian, which specialises in assets across the mining sector
Top Tier Capital closes European fund on €260m
Fund makes primary and secondary investments in venture capital funds and co-investments in select portfolio companies
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
PE funds raised in pandemic increasingly target TMT opportunities
GPs' origination preferences and 2020 investment volume have already shown a clear shift to technology investments, with new fundraises following suit
Eurazeo sells 49% stake in Trader Interactive in $1.6bn deal
With this sale, Eurazeo reaps a 1.5x return on its initial investment, made in 2017 alongside Goldman Sachs
Debt funds celebrate strong dealflow following Covid stress-test
Direct lenders now see shift away from refinancings and towards new deals, including 2020 processes coming back to life
17Capital makes raft of senior promotions
Firm appoints new managing partner and two new co-heads of credit
European PE exits back to historic highs in Q1
Greater visibility on the pandemic's impact, attractive comparables and PE's strong appetite on the buy-side embolden managers
Flexstone reaches $322m second close for co-invest fund
Firm is gearing up to announce a fourth co-investment deal for Global Opportunities IV in May
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Fundraising fortunes: prevailing LP preferences persist
Alessia Argentieri looks at the winning strategies, and gathers insight from placement specialists as to what the rest of 2021 has in store
Tikehau's SPAC Pegasus raises €500m
Tikehau, FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of тЌ165m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its тЌ6.5bn predecessor
Dorilton launches venture strategy to target tech companies
Dorilton Ventures will lead significant minority investments in early- to mid-stage data-centric technology companies
LeadBlock plans €100m second close for blockchain fund
Fund held a first close on тЌ10m in March this year and will invest at the seed and series-A stages
Inflexion and Informa combine FBX, Novantas
Inflexion and Novantas will each own a minority stake in the newly formed financial data business
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
AlpInvest Co-Investment Fund VIII closes on $3.5bn
ACF VIII invests alongside GPs in private equity buyouts and growth capital transactions across a variety of sectors
Unquote Private Equity Podcast: Onwards and upwards for Jersey
The Unquote Private Equity Podcast welcomes back Jersey Finance to discuss what the jurisdiction can offer private equity GPs
Searchlight hires new global head of value creation
Amanda Good joins from Hg as partner; she has prior experience with Bain & Company