News
ITALY - BCC acquires minority stake in Euromisure
BCC Private Equity has acquired a 49% stake in industrial thermometry specialists Euromisure Srl, with the founding owners holding the balance of the equity.
SWITZERLAND - Partners Group raises USD 1.1bn for Asia-Pacific program
Partners Group has raised over USD 1.1 billion for its most recent Asia-Pacific program, exceeding the target size of USD 1 billion.
FRANCE – European Capital gets EUR 10m repayment from Devglass
European Capital has received a EUR 10m repayment of junior mezzanine bonds from Newglass, the holding company of portfolio business Devglass, a manufacturer and distributor of dual-pane insulated glass for windows.
UK - SVG placing raises £70m
SVG Capital Plc has announced that it has raised £70m through the placing of new ordinary shares.
UK - Abingworth raises £84m co-investment fund
International life sciences and healthcare investor group Abingworth has closed an £84m co-investment vehicle, Abingworth Bioventures V Co-Invest Growth Equity Fund LP, which is designed to invest alongside Abingworth Bioventures V and brings the total...
FINLAND - CapMan expects 15% decline in portfolio value
CapMan has announced that it estimates a decline of 15% on the fair value of its fund investments in Q4 2008.
NORWAY - Ratos-backed Arcus acquires four spirits brands
Arcus, a Norwegian wine and spirits supplier backed by Ratos, has acquired Grönstedts Cognac, Star Gin, Red Port and Dry Anis from Pernod Ricard.
GERMANY - TGFS invests in Lecturio GmbH
Technologiegründerfonds Sachsen (TGFS) has invested in internet services provider Lecturio GmbH.
SWEDEN - Northzone et al. invest EUR 3m into Playdo
Northzone Ventures and Miniclip Ltd have led a EUR 3m financing round for Playdo AB, an internet game developer.
NORWAY - Capricorn supports Metallkraft with EUR 3.5m
Capricorn Venture Partners, through the Capricorn Cleantech Fund, has invested EUR 3.5m into Metallkraft AS, a Norwegian recycling business for the solar industry, as part of a EUR 22.8 funding round.
UK - Advent Venture sells Thiakis
Advent Venture Partners has sold biotechnology company Thiakis Ltd to Wyeth Pharmaceuticals for £100m.
FRANCE - Montefiore Investment holds EUR 120m close
Montefiore Investment has held a EUR 120m interim close of its second fund, Montefiore Investment II.
PORTUGAL - Magnum acquires Generis
Spanish fund Magnum Capital Industrial Partners has wholly acquired Portuguese pharmaceutical firm Generis in a deal understood to be valued at around EUR 208m.
ITALY - Barclays completes EUR 130m SBO of Cartorama
Barclays Private Equity (BPE) has acquired stationery manufacturer Cartorama from Arner Private Equity in a secondary buyout valued at about EUR 130m.
ITALY - DGPA invests EUR 10m into Light Force
DGPA SGR has invested EUR 10m into clothing manufacturer and distributor Light force, taking a 32% stake in the company, with the balance of the equity being retained by the founding partners Tiziano Sgarbi and Simona Barbieri.
BELGIUM - Gimv holds EUR 500m first close
G imv has held a first closing of its new XL fund on EUR 500m.
UK - SVG caps commitments and launches £200m rights issue
SVG Capital Plc has announced that it will take up the offer from Permira, its primary investee fund manager, to cap commitments to Permira IV at 60% and simultaneously launch a partially underwritten rights issue and placing to raise £200m.
EUROPE – EIF’s Meyer seconded to EVCA
The European Investment Fund (EIF), Europe's largest venture fund investor, has seconded Thomas Meyer to the EVCA for a period of three years, commencing in January.
UK - Rho Ventures invests $30m into Patersons HR
US-based Rho Ventures has led a $30m series-A round of payroll software services provider Patersons HR and Payroll Solutions.
ITALY - Abacus to divest Controls
According to reports, Abacus Partners has made the first move towards the sale of its portfolio company, engineering firm Controls.
GERMANY - CGS and CRG acquire mdexx Siemens subsidiary
CGS Management has, together with CRG Capital and the management, wholly acquired mdexx GmbH, the magnetronic devices business of Siemens.
NORDIC/CEE - GILD launches EUR 50m second fund
Estonia-based investment bank GILD Bankers has launched its second private equity fund, GILD Long Haul II, with a target of EUR 50m.
EUROPE - LODH holds second closing of Euro Choice IV on EUR 409m
LODH Private Equity has reached the second closing of Euro Choice IV and its related investment vehicles on EUR 409m. The final closing is scheduled for 27 February 2009.
CIS - Generali interested in Ingosstrackh
Reports suggest that Russian insurer Ingosstrackh's owner Oleg Deripaska could sell the majority of his 60% stake in the company to Italian group Assicurazioni Generali SpA.