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Month: January 2021

Gresham House Ventures hires Rupesh Patel

Growth equity specialist Gresham House Ventures has recruited Rupesh Patel as investment director.

Lumos Capital leads €16.5m series-B round for Ironhack

Madrid-based education service Ironhack has raised €16.5m in a series-B funding round led by Lumos Capital Fund.

Ex-Fidelity Equity execs beat target for second Fort Point Capital raise with $194m close

Fort Point Capital, the lower lower mid-market buyout house set up by a pair of former Fidelity Equity Partners execs, has beaten its Fund II target through a $194m final close for the vehicle.

Oaktree Capital backs Col Giovanni Paolo

Oaktree Capital Management has acquired a 70% stake in Col Giovanni Paolo, an Italian manufacturer of electrical components.

Heritage Ventures buys ICT specialist Metoda

Heritage Ventures has acquired Italian information and communications technology specialist Metoda.

Neuberger Berman closes $208m private equity fund backed by individual ‘Main Street’ investors

Neuberger Berman has launched a $208m private equity fund to increase exposure to the asset class for individual investors.

Hedge fund managers post gains of 11.68% in 2020

Opalesque Industry Update - Hedge fund managers were up 3.30% in December and returned 11.68% in 2020 - recording their best annual performance in over a decade, said Eurekahedge in its January 2021. In comparison,

Welsh Carson brings in 40-year healthcare leadership veteran Bahl as operating partner

Healthcare and tech-focused private equity major Welsh, Carson, Anderson & Stowe has brought on board highly experienced health leadership exec Tracy Bahl as an operating partner.

Spanish private equity, venture capital continued breaking records last year despite Covid-19 crisis

Spanish private equity and venture capital dealmaking had record-breaking years in 2020 despite the global impact of the Covid-19 pandemic, new research shows.

Ex-Mainsail execs seal $130m final close for second Growth Street Partners fundraise

San Francisco-based investor Growth Street Partners has hit a $130m final close for its second fundraise targeting B2B software-as-a-service and tech-enabled services companies.

Secondaries set for bumper year as dry powder overhang remains

Market players have high hopes for a busy 2021 on the secondaries front, with dry powder mounting up given the Covid-induced deals backlog. Denise Ko Genovese discusses the latest Cebile Capital secondaries report with managing

Vista Equity resets annual briefing after three-month delay

The private equity firm has grappled with the departure of its president and fallout from founder’s tax settlement

Blackstone passes $2.8bn for latest credit fund

The strategy invests in mezzanine debt, a sector that soared last year as parched investors shopped for yield

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