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Month: September 2020

AMP Capital buys into digital infrastructure business VX Fiber

Infrastructure investment specialist AMP Capital has agreed to acquire a majority stake in digital infrastructure business VX Fiber.

IQ Capital et al. in £5.8m series-A for AccelerComm

IQ Capital has led a £5.8m series-A funding round for wireless communications optimiser AccelerComm.

Forto raises estimated €25m from Inven, Northzone et al.

German online freight forwarder Forto has raised around €25m in funding from Inven Capital, Cherry Ventures, Northzone and Cavalry Ventures, according to local press reports.

Morningside leads £40.6m series-B for Immune Regulation

Morningside Ventures has led a £40.6m series-B funding round for Immune Regulation, a clinical-stage biotechnology company.

Westbridge already prepping for Fund III raise, brings in Bond as investor relations director

UK private equity house WestBridge has named Katherine Bond as investor relations director as the firm prepares the pre-marketing of its third fund.

Unquote Private Equity Podcast: Allocate 2020 special

The Pod discusses our upcoming LP/GP conference, Allocate. Katharine Hidalgo speaks to Sam Kay, head of investment funds at Travers Smith, as well as Olivia Cummins, our conference producer

Medicxi pioneers ‘exit and reinvest’ for biotech sector with €200m close of debut secondaries fund

European life sciences investor Medicxi has hit a €200m final close for its debut secondaries fund amid using the vehicle to pick up six companies from one of the firm's previous funds.

EQT Real Estate makes first UK deal with £1bn JV addressing “severe” London rental home shortage

European private equity major EQT's real estate arm has launched a £1bn joint venture with Sigma Capital Group to bring 3,000 new rental homes to outer London.

3i looks to internationalise garden home, shed specialist A-Z Gartenhaus after majority stake buy

Private equity house 3i Group has bought a majority stake in online garden home, shed and sauna seller A-Z Gartenhaus for £60m.

Apax Partners to seal 3.5x return selling Neuraxpharma to Permira – sources

Apax Partners is set for a 3.5x return selling its stake in European pharma company Neuraxpharm to fellow private equity major Permira, AltAssets has learned.

Private equity firm founder faces jail after pleading guilty in US college admissions scandal

The founder of buyout house Hauser Private Equity is facing up to six months in prison after pleading guilty to taking part in the extensive US college admissions scandal by paying $40,000 to rig his

EQT teams up with Sigma Capital for £1bn housing JV

The Swedish private equity firm and the UK residential specialist plan to have a portfolio of around 3,000 affordable homes in London, expected to be built and completed over a period of at least five

VC backers return to help open banking startup TrueLayer to another $25m

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Finance workers rush to get private Covid-19 tests as second wave looms

London finance workers are spending hundreds of pounds on Covid-19 tests offered by private doctors across the Square Mile

Europe’s sluggish IPO market shows signs of life

Hopes rise that tech offerings could spark a wider revival following strong debut by UK's online retailer THG Holdings

General Atlantic-led deal values payments company at $1.2bn

Uruguay-based dLocal, which helps international companies process payments in emerging markets, raised $200m in a growth-equity financing round led by General Atlantic

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