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Month: December 2020

Rundit raises €1m in seed funding

Finnish startup Rundit has raised €1m in a seed funding round co-led by angel investors Pierre Weimerskirch and the Luxembourg Private Equity Association.

Vegan, organic food and drink pioneer Laboratorios Almond gets Nazca Capital investment

Spanish private equity player Nazca Capital has tapped its €275m fourth fund to buy a majority stake in vegan and organic food supplier Laboratorios Almond.

Investcorp sells Avira, nets 200% IRR

Investcorp has sold cybersecurity software company Avira to US-based NortonLifeLock for $360m, just eight months after the GP acquired the company for $180m in a primary buyout.

Hedge funds managers record moderate returns as global equity market rallies

Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 4.50% in November 2020, supported by the strong performance of the global equity market as represented by the MSCI ACWI (Local) which gained 11.63%

Hedge fund industry performance surges on election results, vaccine optimism

Opalesque Industry Update - The HFRI 500 Index surged to its second-strongest monthly gain on record in November, driven by a combination of the U.S. election results and optimism regarding development, approval and availability of

GP Profile: PAI to step up DACH deal-making

PAI Partners plans set to step up its deal-making in the DACH region, starting with its recently announced acquisition of real estate and facilities service provider Apleona from EQT. Ralph Heuwing, partner and head of

Insight Partners, Farview Equity buy into Livingbridge-backed email signature management business Exclaimer

UK private equity house Livingbridge has agreed to sell a majority stake in email signature management business Exclaimer to Insight Partners and Farview Equity Partners.

Government to remove clauses from Internal Markets Bill in bid to appease EU

The Internal Markets Bill is to face a vote in the House of Commons later on 7 December, in which the government intends to reject changes made by the House of Lords

EQT acquires 30% stake in listed company Beijer Ref

EQT has entered into an agreement to acquire a 30% stake in listed Swedish company Beijer Ref for $1.1bn from air conditioner manufacturer Carrier Global Corporation.

EQT seals €1.1bn Beijer Ref investment to leave still-raising Fund IX up to 25% invested

European private equity giant EQT has agreed a €1.1bn investment in 150-year-old air conditioning and cooler technology business Beijer Ref.

World Economic Forum to be held in Singapore in 2021

The meeting of global political and business leaders is usually held in the Swiss mountain resort Davos

American Industrial Partners agrees $1bn buyout of transport, logistics business Seacor

American Industrial Partners has agreed a $1bn buyout of transport and logistics business Seacor Holdings.

Venture capitalists back biotech push to combat ageing process

Startups Rubedo Life Sciences, Elevian, BioAge Labs raise new financings

Female private equity professionals get creative in the quest for mentorship

More women in the private equity industry are turning to professional networks, both internal and external, in their quest for mentorship

Booming curated online marketplace Catawiki gets €150m Permira-led investment

European curated online marketplace business Catawiki has picked up a €150m investment led by Permira.

Guardian Capital Partners backs vehicle touchscreen, mount, armour maker Havis

Philadelphia-based private equity firm Guardian Capital Partners has picked up a stake in vehicle touchscreen display and rugged mount supplier Havis.

EQT Ventures leads €50m Series B for French insurtech startup Luko

French insurtech startup Luko has closed a €50m Series B funding round led by EQT Ventures to scale its insurance solutions backed by social responsibility efforts.

EQT buys 30% stake in Beijer Ref for $1.1bn

The Swedish company, founded in 1866, is a wholesaler of cooling technology and air conditioning

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