Kirkland & Ellis
EU Foreign Subsidies rules hold specific challenges for PE
Sovereign wealth funds and pension funds commitments may trigger EC attention under new EU foreign subsidies regulation
Triton raises EUR 1.63bn for multi-asset continuation fund
Backed by HarbourVest and LGT, TIV CF will hold four Fund VI assets Assemblin, EQOS, Flokk and Unica
GLP Capital Partners taps Kirkland & Ellis PE partner
Michael Steele to join investment manager in secondment likely to lead to permanent role, sources say
Peak Rock Capital Fund III hits $2bn hard-cap
Fund makes equity and debt investments in mid-market companies based across North America and Europe
TDR Capital to take Arrow private in £563m deal
Offer price represents a premium of 33.4% to the closing price of 230.5 pence per share on 5 February 2021
Blackstone to acquire Bourne Leisure
Blackstone Capital Partners and Blackstone Real Estate Partners will acquire the company together
Pollen Street sells SRG to HGGC
Deal represents a full exit for Pollen Street Capital, which was invested in SRG through its third fund
Silversmith invests $60m in Microblink
General partner Sri Rao has joined the company's board of directors as part of the investment
Highland Europe closes fourth fund on €700m hard-cap
Kirkland & Ellis provided legal advice and the firm did not use a placement agent
Goodwin hires team of five partners
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
Advent International acquires stakes in Hermes UK and Germany
GP reportedly pays €1bn for the two stakes in the parcel delivery firm
Vitruvian Partners sells Unifaun to Marlin Equity Partners
GP exits the business four years after acquiring a majority stake in it alongside the management
Vitruvian closes fourth fund on €4bn
Evercore Private Funds Group and Monument Group acted as placement agents
Francisco Partners raises $9.7bn across three funds
Funds target the technology industry, with a focus on software, financial technology and healthcare IT
IK closes ninth-generation fund on €2.85bn
IK VIII held a final close in November 2016 with €1.85bn and was 87% deployed as of December 2019
Bain Capital, NBRP invest in Engineering
Sale ends a four-year holding period for Apax, which invested in the company via its eight fund
Permira sells Duff & Phelps for $4.2bn
New York-based Duff & Phelps is a business service that employs 3,500 people globally
3i creates new bioprocessing platform with Cellon acquisition
GP is currently looking for a CEO to sit across the divisions of the new platfom
Warburg Pincus sells Accelya to Vista Equity Partners
First investment made by Vista via its permanent fund, Vista Equity Partners Perennial
Sun European Partners buys Vetrerie Riunite
GP intends to accelerate the company's organic growth and boost its international expansion
Livingbridge closes Enterprise 3 on £334m
Livingbridge Enterprise 2, the fund's predecessor, closed on £220m in 2015 and made 14 investments
Thoma Bravo acquires Sophos in $3.9bn deal
Apax Partners, which holds a 10.15% stake in the cybersecurity firm, will sell its holding
Advent buys Industria Chimica Emiliana
GP intends to further strengthen the company's market position and boost its international expansion