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Month: November 2020

EU enters the fray as SSA market shines brightly

The SSA market faced unprecedented challenges in 2020. Funding requirements were inflated by unexpected needs from the pandemic, and the market was busier than ever thanks, in no small part, to the EU’s entrance as

How Africa can self-finance its economic recovery

In the wake of a continent-wide recession, a recovery designed and financed largely by Africans is well within reach

UK’s Financial Conduct Authority on hunt for new COO

New boss Rathi seeks a chief operating officer to help him navigate a changing City of London post-Brexit

EU recovery fund to land; periphery response muted

The EU Summit on Thursday swiftly produced agreement on the bloc’s multi-annual financial framework, including the €750bn coronavirus recovery fund. Though the news is good, particularly for the European periphery, the move in spreads has

INVL launches sustainable timberland and farmland fund

Fund will invest in Baltic States, Scandinavia and eastern Europe

New rule complicates private equity’s ESG push

US Labor Department rule on impact investments was opposed by asset managers

Europe tries to boost its cybersecurity industry

A group of eight venture capital firms are creating a €1bn fund to invest in homegrown cybersecurity companies over five years

Fugro completes rights issue to fund refinancing

Fugro, the Dutch geo-data specialist, has completed its €197m rights issue, a key proponent in a large refinancing package that resolves longstanding issues around debt maturity.

Double win for Private Equity News editorial team

Dow Jones journalists win clutch of prizes at State Street’s UK Institutional Press Awards

BWK buys minority stake in Qlocktwo

BWK has acquired a minority stake in Germany-based clock and watch producer Qlocktwo.

Wirecard’s new UK backer raises $37m in venture round

German payments giant Wirecard went bust earlier this year after a major accounting scandal, in which the company said it had found a €1.9bn hole in its accounts

PE majors line up to bid for Advent’s Mediq, four through to second round – report

Four private equity majors have been shortlisted by fellow buyout house Advent as it looks to sell Dutch medical supplier Mediq in a deal which could exceed €1bn.

Capiton's Euro Vital Pharma buys Principle Healthcare

Euro Vital Pharma, a portfolio company of Capiton, has acquired UK-based consumer healthcare business Principle Healthcare Group.

Innovestor leads €1.1m seed round for Linear

Finnish company Linear has raised €1.1m in seed funding led by Innovestor. 

Speedinvest holds first close for Speedinvest x Fund 2

Speedinvest has held a first close for its second early-stage Network Effects fund on €33m.

Carlyle buys into online health, beauty products seller Pharmapacks at $1.1bn valuation

Global buyout giant Carlyle has bought into health and beauty products online retailer Pharmapacks to value the business at about $1.1bn.

360 Capital, Fuel Ventures lead $65m round for Heroes

360 Capital and Fuel Ventures have participated in a $65m equity and debt financing round for e-commerce business Heroes.

Portobello Capital raises €350m secondary fund to keep stakes in and expand long-held portfolio pair

Spain's Portobello Capital has hauled in €350m for a new secondary fund to hold onto stakes in two of its existing portfolio investments.

Quadrivio acquires fashion brand GCDS

Quadrivio has bought a majority stake in Italian streetwear brand GCDS (God Can't Destroy Streetwear).

Literacy invests in Tyrefix

Literacy Capital has invested in emergency tyre repair company Tyrefix.

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