Unquote
Anacap raises €1bn for credit fund
Vehicle was launched in November 2018 with a $750m target and raced to a first close on $600m
European investors dominate PRI Leaders' Group
More than 70% of the asset owners with investments in private equity are based in Europe
Unquote Private Equity Podcast: Cloudy with a chance of slowdown
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses H1 stats and looks ahead
Secondaries volume up 25% in H1 – research
Setter Capital's latest research reveals a sizeable uptick in private debt deals, though private equity secondaries still dominate the market
Fairview Capital launches to advise on GP-led secondaries
Firm will be led by the former international head of Park Hill Group, Pablo Calo
GP-stake sales controversial among LPs
LPs are naturally reticent about their GPs selling stakes in themselves, as emphasis to boost profits from management fees strengthens
Buying and building the modern school
Investments in European private schools and colleges have proven enriching for PE over the past two decades
BNY Mellon expands PE capabilities
Robert Burchett-Coates and Greg Kok are appointed as directors based in London and Luxembourg, respectively
DACH's H1 dealflow remains steady but fundraising lull looms
Private equity activity remained steady in the region in H1 2019 with 223 deals, but only one fund was launched
When, whether and how PE sponsors should implement blockchain for portfolio companies
Unquote sister publication Private Equity Law Report speaks to two experts at Proskauer
Illinois pension replaces Callan with Wilshire Associates
Contract with Wilshire Associates is for a five-year term, starting from January 2020
Grok among VCs in $100m Juvenescence series-B
Biotechnology company's founders and cornerstone investors took part in the round
Permira nears Cogital stake acquisition – report
Sponsor is thought to have outbid a string of other PE offers for the accountancy group
Aquiline Capital-backed ClearCourse makes acquisition
e-clinic is the latest addition to the company's suite of businesses
Cambridge University endowment appoints new CIO
Franklin joins from Alta Advisers, where she was head of PE and director of investments
Q2 Barometer: small-cap boom offsets mid-market lull
Europe records 533 buyout, expansion and early-stage investments over Q2, a nine-quarter low
Co-investment fund close contributes to Hamilton Lane's results
Hamilton Lane is also currently in the market fundraising for Hamilton Lane Secondary Fund V
Blackstone buys stake in BC Partners
Press reports put the value of the deal at around €500m for a 10-15% holding in the GP
Proskauer appoints Moghli as partner
Moghli will advise fund sponsors and financial institutions on fund-formation matters
Nordic region sees highest entry multiples for sixth quarter running
Q2 edition of the Clearwater International Multiples Heatmap finds a slight cooldown across Europe, though the average multiple still exceeds 10x
Pennsylvania SERS appoints new acting CIO
Nolan is replacing W. Bryan Lewis, who is leaving the system effective 2 August 2019
Carlyle confirms switch to corporation structure
Change comes as the firm reaches $222.7bn in AUM for the second quarter of 2019
Skylake Capital launches $150m early-stage fund
New venture firm is launched by Marcos Battisti, formerly of C5 Capital and Intel Capital
Glendower closes fourth secondaries fund on $2.7bn
SOF IV is the first fund since Glendower's spin-out as an independent secondaries firm in 2017