1. Home
  2. Blogs for June, 2020

Month: June 2020

ICG’s profit falls 37% as Covid-19 hurts valuations in its investment arm

Over the 12 months to the end of March, assets under management rose 22% to €45.3bn

BMO Private Equity appoints CEO of soup-maker Baxters to its board

Audrey Baxter and Tom Burnet have joined the board as part of a plan to ensure orderly succession as directors retire

Firstminute leads €3.5m seed round for Good Monday

Good Monday, a Denmark-based HR technology startup focused on handling digital work spaces, has raised €3.5m from Firstminute Capital.

Dawn Capital, Accel lead Bryter $16m series-A

Dawn Capital and Accel have led a $16m series-A round for Germany-based enterprise software developer Bryter.

Francisco Partners raises $9.7bn across three funds

Technology-dedicated private equity firm Francisco Partners (FP) has held the final closing for Francisco Partners VI (FP VI) on $7.45bn, Francisco Partners Agility II (FP Agility II) on $1.5bn and Francisco Partners Credit (FP Credit)

Capza acquires Time for Growth

Capza has acquired Paris-based growth investment firm Time for Growth as part of the expansion of its investment strategy into growth technology and the upcoming launch of its Growth Tech fund.

Novo Ventures leads $55m series-B round for NodThera

Novo Ventures has led a $55m series-B financing round for NodThera, a UK- and US-based clinical stage biotechnology company.

BMO appoints Baxter and Burnet to board

BMO Private Equity Trust has appointed Audrey Baxter and Tom Burnet to its board.

BCP heads for Fund II close, plans two more deals in 2020

Frankfurt-headquartered Beyond Capital Partners (BCP) is looking to make two further deals before the end of 2020 from its latest fund and will make a number of add-ons for newly acquired optician chain Ounda, managing

Black Toro sells Farggi Menorquina to Cheyne

Barcelona-based private equity firm Black Toro Capital has sold ice cream manufacturer Farggi Menorquina to minority shareholder Cheyne Capital, Unquote understands.

Two thirds of PE professionals expect reduction in carry – survey

Two of thirds of private equity professionals surveyed by PER expect a reduction in carried interest values in the next 6-12 months.

Beyond Capital Partners acquires Ounda

Beyond Capital Partners (BCP) has announced its acquisition of a 90% stake in Germany-based optician chain Ounda, an operating company used to acquire 20 opticians in Germany.

Existing investors take part in $27m round for Verne

Existing investors have participated in a $27m funding round for data centre ttechnology company Verne Global.

Monterro buys RegTech company Trapets

Swedish private equity firm Monterro has acquired Stockholm-based regulatory technology company Trapets.

SoftBank to create $100m fund to invest in companies led by people of colour

The announcement came as protests against systemic racism and police brutality spanned the US after the death of George Floyd in Minneapolis

UK needs to prepare for 1980s levels of unemployment, says Alistair Darling

The former chancellor that the government should look at a range of options, including training and retraining for sectors that are hardest hit, like the aviation and the hospitality sector

Carlyle gets into the reinsurance business with purchase from AIG

Fortitude Re, of Bermuda, has more than $40bn in invested assets and about $35bn in reserves

US Labor department allows private equity in 401(k) plans

Firms hope the guidance reduces fears of litigation over investing in private markets

TPG in Talks to Acquire Goal, the Soccer Website, for $125 Million

DAZN Group is in final stage talks to sell the popular soccer website Goal.com to the investment firm TPG as it raises cash for its money-losing sports streaming platform.

We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.
We use cookies to offer you a better browsing experience. If you continue to use this site, you consent to our use of cookies.