3i has floated portfolio company u-blox at an issue price of CHF 51 on the Swiss Stock Exchange. The total value of the offering was approximately CHF135.6m. Based on the issue price u-blox has a market capitalisation of approximately CHF 318.4m.
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
Management team is led by Chris Shaw who was appointed as chief executive in September 2017