coronavirus
Q&A: Pemberton's UK head Eric Capp on direct lending's future
Private debt professional Eric Capp discusses his long-term view of the direct lending landscape
Commercial due diligence: Adapting to the new landscape
Three CDD practitioners discuss dealflow, and how their offering is shifting as PE houses contemplate post-Covid scenarios
Spectrum Equity IX hits $1.5bn hard-cap
Fund targets investments in internet-enabled software and information service companies
Smava raises €57m in debt and equity financing
Company said it raised the additional capital to prepare for the effects of the pandemic
Ace Management et al. invest €50m in Mecachrome
Company has benefited from a state-guaranteed loan from its banks with a financing of €60m
DACH PE looks to mid-term effects as lockdowns ease
Local players do not anticipate a sudden return to action just because lockdowns are eased
Caledonia announces private capital returns of -18%
Buzz Bingo and Liberation Group leisure venues are currently closed, due to coronavirus restrictions
GP Profile: August Equity Partners
Philip Rattle discusses mitigating the effects of the coronavirus crisis on the portfolio, and the firm's exit strategy
UK fundraising update: name-brands push on through
Despite the coronavirus crisis, many GPs and VC investors are expecting to hold closes in 2020
Gimv confirms dividend but reports negative portfolio return
Gimv invested €205m in six new platform investments and additional bolt-ons in 2019/2020
Mandarin Capital acquires ABC Morini
GP deploys capital for the acquisition from Mandarin Capital III, which has raised €175m so far
Video: OTPP's Topley discusses liquidity squeeze, GP discipline
Joe Topley, head of European funds at Ontario Teachers' Pension Plan, shares his LP perspective on the current state of the private equity market
Dutch court orders Nordian to proceed with J-Club acquisition
Court documents show that the company has an EV of €100m and the GP was seeking financing of €40-45m
Wolt raises €100m in series-D funding round
Company will use funding to see it through uncertainty caused by the pandemic
Eurazeo portfolio's revenues dragged down by travel & leisure assets in Q1
Rest of portfolio revenue remained stable, with updated NAVs not due until mid-year
Unigestion gears up to invest in small and mid-market PE
Unigestion partners expect investment opportunities to emerge in the small-cap market
Unquote Private Equity Podcast: Belt & braces
Rowan Bamford and Gareth Rees from Liberty GTS examine the impact of Covid-19 on W&I insurance, and share their take on where the M&A market is headed
VI Partners Swiss Innovation fund holds €71m first close
VI Partners also manages Venture Incubator, an evergreen investment platform launched in Switzerland in 2002
Travel sector assets: Seeking solutions to long-lasting woes
Unquote explores the challenges ahead, how PE-backed companies are adapting their business models, and how they can bounce back
Mutares' Q1 2020 portfolio review: two exits and three acquisitions
Two of the acquisitions were platform investments and the GP expects to complete two more in Q2 2020
Graybella Capital pushes back first close for new fund to Q3
VC is using an SPV to still invest in companies and plans to merge it with the fund later
360 Capital holds €90m first close for fifth fund
Fund targets series-A and -B rounds in European startups and deploys tickets in the €2-10m range
Cathay Capital closes Midcap II on €800m
Fund targets companies based in Europe, Asia and North America with high-growth potential and expansion plans
Sun Capital's Flabeg Germany files for insolvency
Coronavirus lockdown and its impact on the automotive industry were the trigger for the filing