Unquote
Bridgepoint Europe VII in final stretch of EUR 7bn fundraise
GP’s latest flagship fund held a EUR 4bn close in mid-May, with a final close expected in H1 2023
StepStone Group gears up for next Tactical Growth Fund
Predecessor primary, secondaries and co-investment vehicle held a final close in 2021 on USD 690m
Triton reaps 4x gross money in Ewellix trade sale
Valued at EUR 582m, deal for industrial tech group marks first exit by Triton V
LGT closes third co-investment fund on USD 2bn
Crown Co-investment Opportunities III held final close USD 500m above target
Pemberton strengthens team with four senior hires
Anders Svenningsen, Christoph Polomsky, James Taylor and Sally Tankard join the firmтs European offices
Cinven plays long game with financials fund in hunt for 3x returns
With a life of 15 years, the new vehicle has closed above target, with insurers making up about a quarter of its LP base
Sponsors brave the storm amid drop in financial services M&A
GP buyouts in the financial services space reached a two-year high in H1 2022 as rising financing costs and a brewing recession cloud the sector's M&A outlook
Optimism prevails as PEs expect step-up in deal-making – research
Third Bridge's Joshua Maxey speaks to Unquote about the findings of the Mid-market PE Forecast: 2022
The Bolt-Ons Digest – 13 July 2022
Unquote’s selection of the latest add-ons with Ardian's Aire, Kester's Rephine, Arta/KKR's Alvic, Capiton's Dec Group, and more
PE fundraising pipeline offers hope amidst slowdown in H1 2022
Final closes down by almost half so far this year, but a number of "mega-cap" vehicles in coming months could still bolster 2022 fundraising
Corporates best placed for autumn IPO window as sponsors sit out
GPs expected to continue to ditch listings in the short term in favour of sale exits, longer holding periods
Deft deployment, creative exits drive PE agenda into H2 2022
Take-privates, bolt-on opportunities and demand for resilient healthcare and technology assets offer hope for challenging second half of the year
William Blair poaches peers in European advisory boost
Five senior hires announced across technology, services, industrials, and debt advisory teams
Women lead push for diversity in PE, M&A
Supporting diverse hires and leadership, as well as opening up networks, remain key
Bain Capital, Nextalia to acquire Deltatre from Bruin Sports Capital
Italian sports technology provider first sale attempt was hampered by the onset of COVID-19 in early 2020
Riverside appoints Höppner as chief sustainability officer
Dörte Höppner joined the GP in 2017 and will be responsible for its ESG initiatives globally
Titanbay launches co-investment programme
Private markets platform plans to make 10-12 deals per year and has a live opportunity in Germany
Record number of LPs to cut "new money" commitments – Rede Partners
Biannual LP sentiment survey also reveals that LPs are expecting a drop in distributions
The Bolts-Ons Digest – 17 June 2022
Unquote’s selection of the latest add-ons with Holland's AMP, Triton's Kinios, Nordic's Sortera, Vitruvian's Sykes, and more
Clearwater Multiples Heatmap: PE activity holds up amid war, inflation woes
Record levels of dry powder continue to bolster the resilience of the buyout market in Q1 2022
Family offices raise stakes in private equity – UBS
High inflation, rising interest rates leading wealthy families to review investment options, says report
LPs' net returns highest since financial crisis – Coller Capital
Secondaries specialistтs Summer 2022 Barometer shows that half of LPs want to increase their allocation to alternatives, with 91% still committing to PE first closes with incentives
Five Arrows kicks off Laf Santé sale
Five Arrows has owned a majority stake in the France-based low-cost pharmacy chain since 2016
Pantheon, ICG appoint new ESG heads
Eimear Palmer joins Pantheon from ICG, which has poached Elsa Palanza from Barclays