United States
Blackstone's Travelport raises $480m
Company sold 30 million shares at $16 each
Adaptimmune raises $104m series-A
Company develops treatments for cancer and infectious diseases
SmartCap et al. exit GrabCAD for reported $100m
Sale likely to be largest Estionian exit since Skype in 2011
New Japanese VC fund to invest in Europe
Former Mitsui Ventures CEO to lead new firm
Ardian's Trescal bolts on two
Acquisitions mark fourth & fifth bolt-ons since June 2013
Ardian buys $1.3bn GE Capital fund portfolio
Sale part of GE's strategy to reduce non-core assets
Ardian's Trescal bolts on two US firms
Fourth expansion deal for Trescal since Ardian acquisition
US law firms gear up to take on magic circle
Increased dominance of US law firms in UK threatens magic circle
Cinven, EQT target new geographies
European buyout houses Cinven and EQT have been looking further afield for healthcare investments, this week buying US-based CRO business Medpace and Australian radiology specialist I-Med, respectively.
Highland's AMCS bolts on PCST
Irish company Advanced Manufacturing Control Systems Group (AMCS), backed by Highland Capital Partners and Investec, has acquired US firm PC Scale Technologies (PCST).
Auda closes Secondary Fund III on $332m
Private equity-focused investment manager Auda International has held the final close of its Auda Secondary Fund III (ASF III) vehicle with commitments totalling $332m.
JLL Partners, Royal DSM create $2.6bn pharma business
US private equity house JLL Partners and Dutch life sciences group Royal DSM have teamed up and combined assets to create a new, independent pharmaceutical company in a deal worth $2.6bn.
Is crowdfunding a threat to private equity?
Crowdfunding
Harvard appoints new MD for private equity
Harvard Management Company (HMC), the Boston-based university endowment fund, has named Lane MacDonald as managing director of its private equity operations.
Runa Capital expands US presence with new hire
Russian venture capital firm Runa Capital has appointed Peter Bauert as partner to strengthen the firm’s presence and activities in the US.
Partech closes seed fund on €30m
Partech Ventures has closed its Partech Entrepreneur seed fund after raising €30m ($40m).
Partech VI closes on €130m
Partech Ventures has closed its Partech VI venture fund on €130m ($175m), having originally targeted €120m at the time of its first close.
Ardian's Trescal bolts on SE Laboratories
Trescal, a portfolio company of Ardian (formerly Axa Private Equity), has acquired SE Laboratories, a Silicon Valley-based provider of calibration services.
DFJ's Cook joins DFJ Global Network board
Simon Cook, DFJ Esprit
VC-focused law firm Jag Shaw Baker launches
James Shaw & Tina Baker, Jag Shaw Baker
Kreos Capital leads round for GetTaxi
European GP Kreos Capital has led a $12m series-C funding round for GetTaxi, an enterprise and consumer taxi app, as the company launches its first US office.
Grosvenor Capital acquires Credit Suisse's PE FoF division
US-based fund of hedge funds Grosvenor Capital Management (GCM) has acquired the fund-of-private-equity-funds division of Credit Suisse, Customised Fund Investment Group (CFIG).
SEC lifts fund advertising ban
The Securities and Exchange Commission (SEC) has removed the prohibition on general solicitation and advertising for VC firms and PE houses when raising private funds in the US.