United Kingdom
IK hires Aoun as head of capital markets
Aoun joins IK from KKR, where he was a principal focusing on private credit and capital markets
Cambridge Associates hires Gunnee
Gunee joins from Mercer, where he was a partner and head of fiduciary management
Eight Roads-backed Picsolve enters administration
Deloitte has been appointed to find a buyer for the whole company or for a part of it
ING Ventures leads £4m bridge funding for Countingup
Triple Point, CVentures and Big Start Ventures also co-invest in the funding round
Towerbrook to inject €100m in BC-backed CarTrawler in debt-for-equity swap
CarTrawler has €120m of its TLB and €25m of revolving credit facility debt outstanding
DC Advisory promotes five in UK and Germany teams
Promotions are across the infrastructure, debt, Asia access, and consumer, leisure and retail teams
BGF releases 2019 results, reports operating profit of £133m
BGF invested more than £200m in 45 new companies and provided a further £144m in follow-on funding
EQT Ventures leads $12m series-A for Peanut
Since the outbreak of Covid-19, engagement on London-based Peanut has increased by 30%
Andera hires Argos Wityu's Jay
Andera is currently deploying a series of funds, including BioDiscovery V and Winch Capital 4
Dawn Capital appoints Inflexion's Brown
Hannah Brown is joining from her position as assistant director at Inflexion Private Equity
FTV leads £78m round in Bought By Many
Based in London, and founded in 2012, Bought By Many is a pet insurance broker based in London
ICG-backed Pageant Media acquires Eurekahedge for $8m
Mizuho Bank, which acquired the company in 2011, paid three times the amount it is selling it for
Aurelius's Bertram to make wholesale division insolvent, sells Wordery
Bertram temporarily closed Bertram Books as of 1 April due to uncertainty caused by the pandemic
Omers leads $15m round for Flagstone
Existing investors Kindred Capital and Moneysupermarket Group also participate
Palatine-backed SMP acquires RBC Corporate Services Hong Kong
Palatine acquired financial advisory service SMP in 2019, drawing equity from Palatine III
VGC appoints Read as director
Alex Read joins from Alantra, where he spent three years as an origination associate
Lincoln International appoints two managing directors
Christian Schwarzmueller will join the DACH team while Florus Plantenga joins the London office
Nesta and Downing lead £2m round for Empiribox
Nesta education lead Manish Miglani and Downing portfolio director Mike Kennedy join the board
NB et al. buy minority stake in Castik-backed Waterlogic
In January 2020, BCI acquired a minority stake, which the three new incoming investors will share
Omers Ventures Fund IV closes on $750m
Fund targets growth-orientated, disruptive technology companies based across North America and Europe
NPIF allocates £23.7m to Maven
Regions the fund invests in include Cheshire, Cumbria, Greater Manchester, Lancashire and Merseyside
Stirling Square hires two
Stirling Square is currently investing from its fourth-generation fund, which closed on €950m
Index Ventures raises $2bn across two new funds
Index Ventures Growth V, which targets later-stage companies, raises $1.2bn, while Index Ventures X closes on $800m
VCs in $80m series-B for Compass Pathways
Compass intends to use the funds to expand upon its lead programme in psilocybin therapy