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Month: November 2020

Hg acquires Septeo Group

Hg has acquired a majority stake in France-based legal software business Septeo Group.

Oxford, Cambridge colleges recruit Amundi for fossil-free investments

A slew of announcements from politicians, investors and others keeps the climate change momentum going

BGF invests £8m in UK Flooring Direct

BGF has invested £8m in online home improvement retailer UK Flooring Direct.

Sustainable investing in the US turns mainstream

An estimated third of all US assets under management are in impact or sustainable investing funds

New distressed debt fund poised as billions go bad

Opalesque Industry Update, for New Managers - Distressed debt and special situations specialists Arbitrium Capital Partners formally opened its doors in Sydney today, poised to find turnaround deals among the thousands of Australian companies that

Eurekahedge Hedge Fund Index up 3.25% YTD

Opalesque Industry Update - Global hedge funds were down 0.05% in October, outperforming the global equity market by 2.24% for the second consecutive month. In year-to-date terms, the Eurekahedge Hedge Fund Index was up 3.25%,

Central Park Group, partners with Select Equity Group to offer institutional long/short international equity strategy

Opalesque Industry Update - Central Park Group, LLC, an independent investment advisory firm delivering private clients access to institutional hedge fund, private equity, real estate and fund-of-funds talent, announces the launch of CPG Cooper Square

Searchlight Capital’s third fund hits $3.4bn at final close

The new strategy will invest in private equity and distressed debt for control transactions in Europe and in the US

Hg continues legaltech buying spree with The Septeo Group purchase

European software-focused private equity investor Hg has bought into legaltech business The Septeo Group.

Comment: Will Boris tax Britain to death?

Killing the economy is no way to pay for pandemic relief.

Onex, GIC lead investment in $1bn Convex

Onex Group and GIC have led a consortium to invest $1bn in speciality insurer Convex Group.

Livingbridge, LDC sell Giacom to trade buyer in wake of Covid-19 revenue rise

UK private equity houses Livingbridge and LDC have agreed to sell specialist cloud services marketplace Giacom to trade buyer Digital Wholesale Solutions.

Novalis Biotech aims for January second close for new €25m fund

Novalis Biotech Incubation, a Belgian seed-stage biotech investor, is fundraising for a second, €25m investment vehicle, according to co-founder and managing director Jan Van den Berghe.

Baird’s head of European investment banking steps down after two decades

David Silver, a veteran dealmaker and one of the founding partners of Baird's push into Europe and beyond its home US market, will leave later this month

BGF backs human cell disease model startup DefiniGEN

UK investment house BGF has backed a £3.25m funding round for DefiniGEN, a provider of human cell products and services.

Aberdeen secondaries fund on track for early 2021 final close

Aberdeen Standard Secondary Opportunities Fund IV is slated for a H1 2021 final close, with more than half of its $500m target already secured, Unquote has learned.

Veteran VC fund of funds VenCap ready for “major transformation” in tech with new fund close

Veteran venture capital fund of funds investor VenCap has closed its latest fundraise to take advantage of a "major economic transformation" in tech.

Institutional investors shelve ESG priorities amid Covid-19

More than three-quarters of institutional investors have deprioritised ESG as an investment criterion amid the coronavirus pandemic - but are prepping to reintensify their commitment as the recovery continues.

Covid-19, oversubscribed funds fuel interest in early secondaries

Early secondaries are tipped to become more plentiful in the coming months, as some LPs will want to offload undrawn liabilities while buyers look for alternative ways to get into oversubscribed, must-have funds. But market

Centerbridge Partners teams with global food giant Ahold to buy PE-backed FreshDirect

Centerbridge Partners has teamed with global food retail giant Ahold Delhaize to buy private equity-backed online grocer FreshDirect.

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