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Month: October 2020

Equistone's Group of Butchers sold to Parcom

Equistone portfolio company Group of Butchers is to be acquired by Parcom in a secondary buyout.

Apollo sells Amissima Assicurazioni to Talanx

Apollo Global Management has sold Amissima Assicurazioni, the non-life insurance business of Italian insurer Amissima Holdings, to listed German insurance group Talanx.

Goldman’s London arm fined £97m for 1MDB failures

Bank agrees co-ordinated deal with regulators to pay fines totalling $2.9bn

Lone Star makes bid to acquire McCarthy & Stone in £630m deal

US private equity firm Lone Star has reportedly made an offer to buy UK retirement house builder McCarthy & Stone in possible £630m deal. The deal would see the American company pay 115p per share

Finexx closes second fund; acquires Biovegan

Finexx has announced the final close of its second fund on €20m and has made its first investment from the fund, acquiring Germany-based vegan food producer Biovegan.

BGF appoints Dornan in central Scotland and Northern Ireland team

BGF has appointed Fiona Dornan as an investor in the central Scotland and Northern Ireland team.

Gimv exits Eurocept homecare division

Gimv has sold a stake in the home care division of Eurocept, a home care and pharmaceuticals company.

British Patient Capital commits to adding $35m to Evolution Equity Partners’ new $250m cybersecurity fund

From: RegTech Analyst British Patient Capital has committed to adding $35m The Evolution Technology Fund II, which is aiming for a final $250m close to support cybersecurity and enterprise software startups. The fund is the

Bixin Ventures raises $100m fund to back blockchain companies

Bixin Ventures has launched a $100m capital fund to support the global blockchain ecosystem to nurture the future of open finance.

Vista Equity Partners makes investment into software developer SmartBear to become joint owners with Francisco Partners

Technology-focused private equity firm Vista Equity Partners has made a “significant” investment into software developer SmartBear.

Goldman’s London arm fined £97m for 1MDB work

Bank agrees co-ordinated deal with regulators to pay fines totalling $2.9bn

Arctic Wolf joins the unicorn club after closing $200m Series E

Security operations developer Arctic Wolf has joined the unicorn club after a $200m Series E puts its valuation at $1.3bn.

Allocate 2020: CIO views on the road ahead

International CIOs came together at Allocate 2020 to discuss their portfolio strategies for the coming five years.

Pension backers focus fresh attention on Apollo founder’s ties to Jeffrey Epstein

Representatives for several public pensions say they are closely monitoring an investigation into Apollo co-founder Leon Black’s personal dealings with Epstein

Goldman pays billions in fines to end 1MDB scandal

The bank will pay nearly $3 billion and recoup $174 million from executives

Capital Square 1031 earns investors a 253.31% total return on equity after portfolio sale

Capital Square 1031 has earned its investors a 253.31% total return on equity or a 28.81% annualised return through the sale of Candleglow Apartments.

Most Forwarded: Opalesque most forwarded article – week 42: And, finally Wait until he's grown up…!

From BizarreNews: A Tennessee boy is being honored by Guinness World Records for an unusual accomplishment: achieving nuclear fusion just hours before his 13th birthday. Jackson Oswalt, now 15, of Memphis was dubbed by Guinness

EQT’s AUM rises 16% during third quarter

Chief executive Christian Sinding said 'the portfolio value creation agenda is on track, but market uncertainties related to the pandemic remain'

Moelis hires senior dealmaker to target tech companies in Israel

Moelis & Company named Elan Zivotofsky as a managing director

Innova to buy PayPoint's Romanian division

Polish private equity firm Innova Capital has signed an agreement to acquire PayPoint's Romanian business PayPoint Services for £47m.

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