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Month: June 2020

IQ appoints Hirtzel as general partner

IQ Capital has appointed Simon Hirtzel as general partner and chief operating officer.

Asabys, BPI France, Ysios in €30m series-A for Ona Therapeutics

Asabys Partners, alongside Alta Life Sciences, BPI France, Fund+ and Ysios Capital Partners, have invested in a €30m series-A round for drug development company Ona Therapeutics.

Zamo invests in SASC

Zamo Capital has invested in investment manager Social and Sustainable Capital (SASC).

Tesi et al. in $40m series-B round for Swappie

Online retailer of refurbished smartphones Swappie has raised $40m in a series-B round from existing investors Tesi, Lifeline Ventures, Reaktor Ventures and Inventure.

ICG’s real estate arm hires pair as it looks to expand European debt platform

Philippe Deloffre and Aisling McCarthy join as managing directors in the Partnership Capital strategy

LDC takes minority stake in Connect Health

LDC has invested in musculoskeletal service Connect Health for a minority stake.

EI-backed Anwim acquires EMila

Enterprise Investors (EI) portfolio company Anwim is in the process of acquiring EMila, a Polish network of self-service petrol stations.

German government to buy stake in Dievini Hopp’s Curevac

The German federal government is to acquire a 23% stake in messenger RNA-based drug developer Curevac via a €300m investment, joining the shareholder base alongside existing investor Dievini Hopp.

KKR-led consortium invest $650m into Vietnam real estate developer

A consortium of investors led by KKR has made a collective investment for $650m into Vinhomes Joint Stock Company, a real estate developer in Vietnam.

Foresite et al. in $41.5m series-A for Bit Bio

Foresite Capital, Blueyard Capital and Arch Venture Partners have participated in a $41.5m series-A for cell coding company Bit Bio.

Unquote British Private Equity Awards 2020: entries now open

Entries for the 2020 Unquote British Private Equity Awards are now open - we very much look forward to celebrating the industry's success in challenging times.

Genstar Capital exits final shares of property insurer Palomar

Genstar Capital has exited its remaining stake in specialty property insurer Palomar Holdings, after helping it reach a $2bn in market capitalisation.

LPs becoming more satisfied with GP transparency after fallout caused by global financial crisis

Limited partners are becoming more satisfied with the transparency in general partners (GPs), repairing from the frustration caused after the global financial crisis, a report from Coller Capital claims.

Amid pandemic, acquisition firms buy start-ups that no longer fit venture model

Founders get new life for their products, while venture firms get exits for slower growth start-ups

This could be the European Union’s “New Deal” moment

The challenge for the European Union will be to implement its COVID-19 crisis measures in such a way that they come to be seen as useful economic tools when more normal times return

What these chief executives speaking out against racism say they can do better

Three chief executives give their perspective on the responsibility of businesses

Operations teams shine in helping companies weather the pandemic

The coronavirus pandemic has validated moves to add operations expertise by private equity firms and may fuel such efforts in the future

PCP Capital’s Staveley claims Barclays promised her ‘the same deal’ as Qatari investors

Staveley told the High Court that she recalled being 'pleased' when she learned that the Qataris were joining the deal

KKR-led consortium takes $650m stake in Vietnamese real estate developer

Consortium includes Singapore state investment company Temasek

Comment: Calpers prepares for the long haul

By investing in private equity and credit, we expect to be able to achieve 7% returns.

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