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Month: June 2020

UPL serves up $500m bond sale

UPL Corp broke a month-long absence of Indian issuers in the international debt market, raising $500m from investors.

Topsports parent eyes $309m from sell-down

Belle International is selling a block of shares in its sportswear subsidiary, Topsports International Holdings, according to a term sheet seen by GlobalCapital Asia.

Vaaka Partners sells Kotikatu to Norvestor-backed PHM

Private equity firm Norvestor, via its portfolio company PHM Group, has acquired Finnish maintenance company Kotikatu from Vaaka Partners.

EQT opens office in Paris

Nordic private equity firm EQT has opened a new office in Paris.

Ex-Accel, Sequoia partners hit $450m final close for third Wing Ventures fundraise

Wing Venture Capital has hit a $450m final close for its biggest fund to date, despite having to raise the fund virtually due to the coronavirus pandemic.

Keyhaven Capital hires two

London-headquartered Keyhaven Capital has hired Anne Niederstaetter as partner in its investment team, as well as Alma Lawrie in its investor relations team.

Woori prepares to make Kangaroo bond debut

Woori Bank is set to make its Kangaroo bond debut, seeking to tap the Australian dollar market to fund its coronavirus response.

EQT names ex-PAI Partners exec Brugère head of France amid Paris office launch

EQT has named former PAI Partners senior exec Nicolas Brugère as its head of France amid the launch of its Paris office.

Hg leads $30m series-B for Silverfin

Hg has led a $30m series-B funding round for Silverfin, a Belgium-based financial software developer.

BlackRock et al. acquire minority stake in Nordic Capital’s Trustly

BlackRock Private Equity Partners, alongside a consortium of institutional investors, has acquired a minority stake in Nordic Capital-backed Trustly, an online account-to-account payments provider.

BB Capital buys majority stake in Infradax

BB Capital has bought a majority stake in Netherlands-based IT service Infradax.

Vulpes eyes repeat of astonishing post-financial crisis return by launching Covid-19 opportunity fund

Singapore investment house Vulpes is looking to repeat a barnstorming return made in the wake of the global financial crisis by launching a dedicated coronavirus investment vehicle.

Maven invests in Redwigwam

Maven Capital Partners has invested in recruitment platform Redwigwam.

Wenvest Capital leads CHF 8m round for Teylor

Wenvest Capital has led a CHF 8m round for Switzerland-based SME lending startup Teylor, along with participation from Steinbeis, business angels and institutional investors from Switzerland, Germany and Israel.

Ysios Capital raises €155m for third biotech fund

Spanish biotechnology-dedicated venture capital firm Ysios Capital has raised €155m for its third fund, Ysios BioFund III, which has a final target of €200m.

Chinese energy revolution in sights for Cathay Capital amid $120m first close of new specialist fund

Cathay Capital has raised RMB820m ($120m) for the first close of a new fund it says will help fight climate change in tandem with a pair of green energy investors.

Nordic GPs find solace in demand for tech deals

Buyout activity in the Nordic region has nose-dived in 2020, while venture capital activity surged in some countries. Eliza Punshi gauges local investor sentiment on current opportunities, and on whether a more significant slowdown is

Ardian said to near €1.5bn INWIT stake buy from Telecom Italia alongside Canson Capital

Global private equity player Ardian is reportedly nearing a deal for a minority stake in Telecom Italia's mobile tower group INWIT in a roughly €1.5bn deal.

BGF invests €10.5m in Edgescan

BGF has invested €10.5m in cybersecurity business Edgescan.

CD&R-backed Huntsworth acquires Cormis

Clayton Dubilier & Rice-backed Huntsworth has acquired strategic communications provider Cormis.

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