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Month: August 2020

Rapid fundraising acceleration continues at McCarthy Capital with $525m Fund VII close

Growth equity specialist McCarthy Capital has easily beaten the target for its seventh flagship fundraise through a $525m final close.

Horizon leads $5m round for Liki24

Ukrainian private equity firm Horizon Capital has led a $5m funding round for Liki24, a Kyiv-based e-commerce platform for medicine delivery.

DACH venture and growth deals reach volume high in H1 2020

Growth and venture capital deal volume exceeded that of all previous half-yearly figures in the DACH region in H1 2020, making for a busy first half of the year that saw 275 such deals, according

Raising finance in the next year will be harder, say fintech entrepreneurs

Digital Finance Forum's annual survey of fintech founders finds they think the government should do more to support the sector

Nordic Capital beats €5bn Fund X target after launching vehicle in teeth of coronavirus – report

Nordic Capital has shrugged off the potential dangers of launching a flagship fundraise amid the coronavirus pandemic by beating its €5bn target through a first close, it has been reported.

Notion leads €7m series-A for Claimsforce

Notion Capital has led a €7m series-A funding round for insurance technology company Claimsforce.

VC performance ‘unscathed’ by Covid-19 in Q1 as industry consolidates exceptional 2019 – eFront

Venture capital performance remained 'unscathed' in the first quarter of 2020 despite the onset of the coronavirus pandemic, as the industry consolidated what had been an exceptional 2019, new research shows.

Bain Capital beats back Baring PE Asia challenge to seal $1.2bn Nichiigakkan deal

Bain Capital has beaten back last-minute competition from Baring Private Equity Asia to seal a $1.2bn buyout of Japanese nursing home operator Nichiigakkan.

Initialized Capital seals $230m Fund V close, first raise since co-founder Alex Ohanian’s switch back to part-time

Initialized Capital, the investment firm launched by Reddit co-founder Alexis Ohanian and ex-Y Combinator partner Garry Tan, has hauled in $230m for its fifth seed fund.

Defence, aerospace industry veteran Kelly Romano joins AE Industrial Partners

AE Industrial Partners has hired tech and aerospace veteran Kelly Romano as an operating partner.

Password-related data breach protection specialist Keeper gets Insight Partners investment

Keeper Security, a cybersecurity platform aimed at preventing password-related data breaches and cyberthreats, has picked up a $60m minority investment from Insight Partners.

Berkshire Partners back with new flagship fundraise, eyes reported $6.5bn

Boston-based buyout house Berkshire Partners is back in the market for what could be its biggest-ever fundraise, with a reported target of $6.5bn.

Sustainability-focused GEF Capital buys controlling EnviroMix stake

GEF Capital Partners has bought a controlling interest in municipal and industrial water and waste water specialist EnviroMix.

Ex-Goldman CFO on being gay in macho banking: ‘Math was my survival strategy’

After 20 years at Goldman, the bank’s former co-head Marty Chavez reflects on being gay in the sector’s macho world, embracing technology and how life is far from dull in retirement

UK CEOs ‘lead the charge’ against employee stress, says PwC survey

Nine in 10 UK leaders surveyed by PwC offered wellbeing initiatives to employees

Venture funds set record by amassing $61.3bn in first half

The amount collected by funds globally in the first half of 2020 was 19% greater than in the first half of 2019

Creditors poised to take control of Cirque du Soleil from TPG

Group led by Catalyst Capital close to winning control of the troubled performance group

Hedge funds gains 2.76% in July

Opalesque Industry Update - The hedge fund industry turned in a fourth consecutive positive month in July as stock markets' continued strong performance contributed to a 2.76% return, according to the Barclay Hedge Fund Index,

After CalPERS Investment Chief’s Abrupt Departure, Trustees Talk Next Steps

The California pension fund’s board is searching for a successor to Ben Meng, while another state body investigates conflict-of-interest allegations.

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