United States
Horizon-backed Wireless Innovation bolts on Ground Control
GP provides equity to support the acquisition of the US-based telecommunications firm
Oklahoma pension fund increases PE allocation
OPPRS is set to add additional commitments of $150m in order to meet the new asset allocation
Sella Venture Partners to launch €150m VC fund-of-funds
Vehicle will make around 20 investments and will target Europe, the US and Israel
Massachusetts pension outlines PE strategy changes
Changes include increasing target allocation to PE within PRIT and committing up to $2bn to funds
Calpers bolsters PE team with new investment MD
Ruiz replaces Sarah Corr, who has served as interim managing investment director for private equity
Alkemia exits Taplast to trade
US-based Trimas also acquires the majority stake owned by Taplast CEO Paolo Santagiuliana
Gresham House invests £4.5m in Diaceutics IPO
Deal comes a year after the pharmaceutical data analytics company raised $5m of mezzanine
New York pension fund hunts for PE consultant
Successful consultant will be in charge for performing annual pacing analysis for PE
Livingbridge's Catalyst merges with Sionic
Deal for the US-based financial services consultancy will create a group with revenues of $60m
Searchlight to hold first close for third fund
The fund, with a $2.75bn target size, is expected to have a final close by mid-2019
Clessidra-backed Cavalli files for bankruptcy
Roberto Cavalli's US-based subsidiary ArtFashion is expected to file for Chapter 7 this week
New Hampshire Uni to triple PE exposure
University would need to make new commitments of $18m per year to match its target allocation
Calpers set to restructure its PE programme
Review of Pillar III and IV seeks scaling private equity exposure and a more cost-effective model
Advent International set to secure US LP commitments
Advent International GPE IX has a target between $15-17bn and plans to hold a final close in mid-2019
Bow Capital leads $10m funding round for ArangoDB
ArangoDB will now move its headquarters to the US to serve its growing customer base there
Michigan pension fund targets lower-mid-market PE commitments
Focus of the PE division to tilt slightly toward the mid- and lower-mid-markets
Permira-backed Corin boosts US presence with Omni bolt-on
Omni, which makes robotics-assisted medial equipment, is Corin's second bolt-on under Permira
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
OIC set to commit to Blackstone fund
One third of the fund would be allocated to Western Europe and Asia, but it invests primarily in North America
Los Angeles pension fund backs Lexington
California based pension fund has 4% of its portfolio invested in private equity as of June 2018
L Catterton partially exits Steiner via $900m Elemis sale
Sale of the skincare brand to L'Occitane is worth marginally less than the original deal for its parent
Inflexion opens Boston office
GP chooses the same city as its rival UK mid-market player Livingbridge for its US base
Investindustrial acquires Jacuzzi Brands
Nottingham Spirk co-invests alongside Investindustrial by acquiring a minority stake in the company
CalPERS to hire PE consultant in 2019
Currently, the $356bn pension fund employees Meketa Investment Group for its PE portfolio