coronavirus
Equinox closes third fund on €360m
Equinox III targets Italian companies operating in the food, retail, technology and healthcare sectors
Nordic e-commerce confident "silver krona" uplift will persevere
Lockdowns have – out of necessity – introduced a new age group to online shopping, boosting prospects for several PE-backed assets
Connect Ventures closes $80m seed fund
Fund deploys capital in companies operating across all B2B and consumer software segments
Mediobanca, Russell Investments launch third private market fund
Fund invests in secondaries, distressed assets and opportunities in dislocated industrial sectors
RJD to invest up to £12.75m in Improve
Improve most recently reported revenue and adjusted EBITDA of £10.1m and £1.7m respectively
Video: Cambridge Associates’ Marcandalli on impact investing moving centre stage
In a new instalment of Unquote's Lockdown series, Annachiara Marcandalli explains why it is unlikely that coronavirus will sideline impact investing
Sherpa Special Situations III closes on €120m
Fund targets distressed companies based in Iberia and active across a wide variety of sectors
Piper to launch next fund in 2021
Managing partner Chris Curry told Unquote the fund is expected to target £150-175m
European fund closes slump by 42% amid lockdown
Unquote recorded 44 first or final closes of European PE funds between March and May, a 42% drop on the three-month average seen across 2019
Go Capital taken over by management
As part of this deal, Jerome Guéret is appointed as CEO and Bertrand Distinguin takes on the role of president
Corten closes debut fund on €392m
Corten began raising in January 2019, thus avoiding potential delays in the current market
Swedish institutions set up Covid-19-focused JV
Sindre Invest will start operating from 1 July and will invest in companies facing liquidity problems
Gradiente buys three companies, creates Argos Surface
GP deploys capital from Gradiente II, which held a final close on its €135m hard-cap in 2019
Cerea to launch third buyout fund
Cerea also plans to launch its fourth mezzanine vehicle with a €250-275m target next month
Video: CPPIB's Delaney Brown on improved LP/GP relations
In the fourth of Unquote's Lockdown series, Delaney Brown, managing director of CPPIB, discusses improved GP/LP relations since lockdown began
Ysios Capital raises €155m for third biotech fund
Ysios BioFund III provides financing to early- and mid-stage, highly innovative life sciences companies
Nordic GPs find solace in demand for tech deals
Buyout activity in the Nordic region has nose-dived in 2020, while venture capital activity surged in some countries
K Fund launches €70m second vehicle
Fund targets companies operating in the internet and mobile technology sectors
Pillarstone Italy launches €600m turnaround fund
Responsible & Sustainable Corporate Turnaround Fund intends to support the recovery of Italian companies
Panoramic delays fundraising to H1 2021
Panoramic Growth Fund 2, which closed on £65m in May 2016, is around 60% deployed currently
Enterprise Investors fully exits Novaturas
Following a high of PLN 55 in 2018, Novaturas' share price has been on a downward trend, further accelerated in February
Polaris exits Danish fashion brand PWT Group
Covid-19 ends a 12-year investment period during which the company grew to acquire five other brands
Video: Coller's Francois Aguerre on PE's reasons to be cheerful
In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil
Ardian closes eighth secondaries mega-fund on $19bn
ASF VIII intends to provide the necessary liquidity to investors amid the global Covid-19 pandemic