News
NETHERLANDS - BioGeneration and CAPE back FlexGen
BioGeneration Ventures and Crédit Agricole Private Equity have participated in a new round of financing for Dutch biotech company FlexGen.
ITALY - Foresight invests EUR 50m into new solar projects
Foresight Group has signed two contracts relating to new solar energy projects in Italy with a combined investment value of EUR 50m.
UK - New group Rockley launches EUR 100m fund
Rockley Group, a new technology-focused investor founded by two established business angels, has launched its inaugural third party fund, Rockley Follow-On Fund, which will have a target of EUR 100m.
GLOBAL - Blackstone writes down fifth fund by 35%
According to reports, Blackstone Group has written down the value of the portfolio in its $21bn fifth fund, Blackstone Capital Partners V, by 35%.
UK/SWITZERLAND – Index promotes three
Index Ventures has announced the promotions of Ben Holmes to partner and Tony Zappala and Roman Fleck to principal.
UK - Terra Firma writes down EMI investment
Terra Firma Capital Partners has reportedly written off around EUR 1.39bn from two of its investments, with music group EMI thought to be primarily responsible for the loss.
UK - HarbourVest hires McCrystal
HarbourVest Global Private Equity has hired Amanda McCrystal as head of investor relations and communications.
UK - Beringea invests £2.4m into Fjord
Beringea has invested ТЃ2.4m into digital marketing business Fjord, alongside investment bank GP Bullhound, which invested ТЃ250,000.
GERMANY - BayBG invests into C&R Stahlhandel GmbH
BayBG Bayerische Beteiligungsgesellschaft has invested an undisclosed sum into steel components trading company C&R Stahlhandel GmbH in a silent partnership.
UK - Oxford Capital et al invest in Exosect
Oxford Capital Partners, the Entrepreneurs Fund and WHEB Ventures have further supported pest management solution company Exosect with an undisclosed sum.
UK - Enterprise Ventures leads Ensembli funding
Enterprise Ventures (EV), through the RisingStars Growth Fund II, has invested an undisclosed sum into software business Ensembli, alongside South Yorkshire Investment Fund's Seedcorn Fund and The Viking Fund.
EUROPE - Index Ventures V closes on EUR 350m
Index Ventures has held a final close of its fifth fund, Index Ventures V, on EUR 350m.
FRANCE - Céréa and Banexi acquire Martine Spécialités
Céréa Capital and Banexi Capital Partenaires have acquired frozen food producer Martine Spécialités from listed UK group Premier Foods in a managment buyout.