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Month: October 2020

Metrika buys detergent specialist Allegrini

Metrika Private Equity has acquired a majority stake in Allegrini, an Italian manufacturer of detergents and cleaning products.

Blackstone earnings tick higher as tech lifts portfolio

Holdings including dating app Bumble and data company Refinitiv were key drivers during quarter

Grafton Capital secures majority stake in Third Financial

Venture capital firm Grafton Capital has invested £1.5m in London-based investment platform and software provider Third Financial, securing a majority ownership of the company.

London hardest hit on jobs in UK by Covid-19

The Resolution Foundation's report found that over one in four people most deprived quartile of London were not working, furloughed, or had lost hours and pay in early September

Castik Capital snaps up €1.25bn for second long-term fund

The firm, set up in 2014 by star dealmaker Michael Phillips, will focus on making up to seven investments across continental Europe

Biden win seen spurring rush to close M&As before tax hikes bite

'There’s a real skittishness about the US election, which is fuelling some of the big M&A transactions coming to market currently'

Pandemic pushes Deutsche Bank to go faster on plans to reduce office space

Deutsche is considering moving to a 'hybrid' model for its workforce of 86,984, according to chief executive Christian Sewing

Digital doctors here to stay as telemedicine deals surge

As many European countries grapple with the second wave of the pandemic, the surge in demand for telemedicine – and promising returns for investors - looks set to continue. Eliza Punshi reports

EMH Partners raises €650m for second growth fund

The Munich-based firm plans to invest its latest fund in midsize companies across Germany, Austria and Switzerland that have what the firm calls high digital potential

Schroder Adveq seeks $1bn for new Europe fund

Schroder Adveq Europe VIII will focus on fund of funds investments in various sectors across Europe

Why private equity firms are increasingly scrutinising their legal costs

US PE firms reported a 24% increase in the level of scrutiny applied to outside counsel costs since 2018. Similarly, in the UK, the level of scrutiny has climbed 41% over the past five years

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