United Kingdom
Top Technology Ventures launches £30m vehicle
Top Technology Ventures, the venture capital arm of intellectual property firm IP Group, has launched a ТЃ30m venture fund.
Monetising life sciences deals
Life sciences
Linnaeus leads $3m round for M2fx
Linnaeus Capital Partners has led a $3m funding round for UK-based fibre cable protection manufacturer M2fx.
Beechbrook mezzanine fund hits €67m first close
Northern European investor Beechbrook Capital has raised тЌ67m for its latest mezzanine fund at first close.
Altium promotes two
International investment bank Altium has promoted Andy Clarke to director and Elin Sion to assistant director in its Manchester office.
Balderton Capital et al. invest $13.4m in Urturn
Balderton Capital has led a series-A fundraising round of $13.4m for Urturn, a UK social media platform.
Phagenesis expands series-B round to $17m
Phagenisis has extended its series-B funding round to reach $17m.
Beringea invests £1.5m in Monica Vinader
Beringea and private family business The Clark Group have invested ТЃ2.5m in high-end jewellery retailer Monica Vinader.
Cloetta acquires Goody Good Stuff
Nordic Capital- and Cidron-backed Cloetta AB has acquired UK-based candy company Goody Good Stuff.
Kick Sport receives additional investment from Catapult
Midlands-based Catapult Venture Managers has invested ТЃ250,000 in UK online martial arts retailer Kick Sport.
OCP Special Situations Fund holds first close at £6m
Oakfield Capital Partners (OCP) has held a first close at ТЃ6m for its vehicle Oakfield UK Special Situations Fund, targeting ТЃ20m.
Langholm Capital puts Tyrrells up for sale
Private equity firm Langholm Capital has put crisps brand Tyrrells up for sale, according to a source close to the situation.
L Capital and LDC show interest in Joules
LDC and L Capital, the private equity fund of luxury goods giant LVMH, are among investors interested in acquiring a stake in British fashion retailer Joules, according to the Independent.
Oxford Capital et al. in $3m Celoxica round
Oxford Capital Partners has led a $3m funding round for London-based ultra-low latency market data provider Celoxica.
Foresight launches third Solar EIS fund
Foresight Group has launched its Solar EIS 3 fund, with a target of ТЃ20m, to follow in the footsteps of its recently closed ТЃ30m Solar EIS 2 vehicle.
3i reports 11.5% NAV increase
3i has seen its NAV per share rise 11.5% over the past 12 months, and says it is making significant progress to turn around the business.
NBGI appoints food & drink industry veteran as senior adviser
UK-based NBGI Private Equity has announced the appointment of Tim Kelly т who has previously worked for Hovis, Coca-Cola Enterprises and Guinness Bass Import т as a senior adviser.
AnaCap sells Cabot to JC Flowers
AnaCap Financial Partners has sold Cabot Credit Management (CCM) to JC Flowers in a secondary buyout worth a reported ТЃ800m.
Dunedin's Derry to chair ICAEW corporate finance faculty
The ICAEW Corporate Finance Faculty has appointed Giles Derry, a partner at Dunedin, as its chairman т marking the first time a private equity professional has held the role.
Valar Ventures leads $6m round for TransferWise
Valar Ventures, which was set up by Facebookтs first outside investor and Paypal co-founder Peter Thiel, has led a $6m series-B funding round for London-based currency exchange site TransferWise.
Connection Capital hires investment director
Connection Capital has appointed Miles Otway as investment director.
SMEs want UK to stay in EU – KCP survey
More than three-quarters of SME managers want the UK to remain part of the European Union, according to research conducted by private equity house Key Capital Partners (KCP).
CVC-Betfair deal collapses
CVCтs potential takeover of gambling group Betfair has collapsed, with both sides unable to agree on financial terms.
CVC to make second bid for Betfair
CVC is to make a new bid for online gambling business Betfair by 5pm today, according to media reports.