News
Elysian to launch new £250m fund in Q1 2020
Current fund also closed on ТЃ250m, in 2015, and is nearly three-quarters deployed
Slingshot Ventures aims to raise up to €100m in 2020
VC will consider breaking with tradition with a separate institutional fund of up to €40m
Endless-backed The Book People goes into administration
Book retailer The Book People will continue to trade and no redundancies are planned
PAI completes GP-led secondaries deal for Fund V
Alpinvest, Goldman Sachs and HarbourVest are lead investors in the new fund
Clessidra appoints L Catterton's Ottaviano as head of PE
Prior to joining Clessidra, Ottaviano worked at Mediobanca, Merrill Lynch and L Catterton Europe
Keensight hires senior director, analyst
Karna previously worked on healthcare deals for the investment banking division of Goldman Sachs
3i nets £102m from Audley Travel, Hans Anders dividends
3i receives proceeds of ТЃ67m from Audley Travel, while Hans Anders generates a тЌ42m windfall
Texas pension names new CIO
Auby's promotion follows the decision of the current CIO, Jerry Albright, to step down
ICG appoints new head of European secondaries
Blossier will work with head of PE funds Oliver Gardey to build out the platform in Europe
TRS replaces TorreyCove with Stepstone as PE consultant
TRS also rehires StepStone Group as investment consultant for real estate and real asset opportunities
Lindsay Goldberg in talks to sell Schur Flexibles
GP bought the plastic packaging company in 2016 and the exit is expected to complete in Q1 2020
MJ Hudson lists in £97m London IPO
Multi-service advisory firm raises ТЃ31.4m from new and existing investors
Main Capital collects €535m for sixth software buyout fund
Buyout fund should hit its €564m hard-cap in January 2020, Unquote understands
IAG's Martin Scott joins Sanne
Scott, who was previously director of IAG's PE business, is now head of Guernsey at Sanne
Latour collects €800m for third fund
Vehicle is expected to hold a final close in March 2020, Unquote understands
Livingbridge appoints two investment managers
Mihir Patel and Joseph Evans join the mid-market GP's London team
EIP hires Moosa for Europe expansion
US-based EIP hires VT's Nazo Moosa to work alongside Matthias Dill at EIP Europe
Trea AM raises €120m for second direct lending fund
Fund expects to hit its target in the first quarter of 2020 and has already made six investments
Poland's MCI gearing up for €400m maiden closed-ended fund
Vehicle will keep to MCI's strategy of backing buyouts of mid-cap technology businesses in the CEE region
Paris takes over London as VC capital of Europe
Greater Paris region received €3.1bn between 2007-2015, according to Invest Europe research
NVM sells VCT business for up to £25m
Mercia approached NVM four to five months prior to the acquisition to enter discussions
Ex-Tryg senior vice-president Winther joins Realdania
Winther's appointment comes as current CIO Peter Johansen announced his intention to resign last October
Pantheon appoints Jain to partner, head of private debt
Rick Jain was previously managing director and investment committee member at Star Mountain Capital
EQ targets first close for two PE funds by January 2020
One fund-of-funds will focus on European primaries, and the other on the secondaries market