3i holds first close for mid-cap debt fund
Listed investor 3i has held a first close for its first ever mid-market debt fund on €250m.
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European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
Constructive approach: PEs turn to bolt-ons amid exits and debt crunch
Buy-and-build strategies to take centre stage for sponsors faced with longer holding periods and tough market for platform investments
Adams Street launches private credit platform in Europe
Investor hires James Charalambides from Sixth Street to lead new strategy out of London
Adelis to sell Säkra in SBO to Cinven
Acquisition of Swedish insurance company marks fourth deal through GP’s Strategic Financials Fund
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Triton to reap 4x MOIC in Norres Baggerman exit to Nalka
Industrial hoses group grew revenues by 170% to over EUR 100m during Triton’s investment period
Bencis raises EUR 123m continuation fund for group of Fund IV assets
Secondary deal was led by Committed Advisors and will provide backing for future growth of four portfolio companies
EQT closes LSP Dementia on EUR 260m hard cap
Series A-focused fund exceeded its EUR 100m target and extended fundraising after increased LP interest in its strategy
Newton Biocapital heads for year-end close for second, EUR 150m life sciences fund
Belgian-Japanese VC has raised EUR 50m to date and is lining up exits from its debut fund