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Month: January 2021

New Baltic fund targets €30m to back female founders

Estonia-based The Better Fund is aiming to raise €30m for investing in Baltic and Nordic startups with female founders and gender-balanced executive teams, founder Liina Laas told Unquote.

M&A deals in food and drink sector fell 40% in 2020, report finds

With private equity exit lagging buyout last year, in 2021 the number of exits would depend upon the strength of PE portfolios, says Mark Lynch, partner at Oghma Partners

Tech is bridging the divide between private equity and venture capital

The increasingly all-pervasive nature of technology is driving convergence between PE and VC styles of investing

Blackstone's Schwarzman Stays Loyal to Trump

The Blackstone chief executive stuck with President Trump despite the occasional slight, and stopped short of criticizing him even after the Capitol attack.

AMB :- Sheridan wraps up $306m sophomore fund

Laxman Pai, Opalesque Asia: Chicago-based healthcare private equity firm Sheridan Capital Partners has collected $306 million for its second fund, with total capital commitments significantly above the $250 million targe...Article Link

AMB :- Nuveen buys European renewable energy fund manager Glennmont

Laxman Pai, Opalesque Asia: Global investment manager Nuveen has agreed to acquire Glennmont Partners, one of Europe's largest renewable energy fund managers, to meet increasing global demand for environmentally respons...Article Link

Total hedge fund capital jumped to $3.6 trillion as of year-end

Opalesque Industry Update - Hedge fund industry capital surged to conclude a volatile 2020 as strong performance gains drove hedge fund assets globally, and in particular Equity Hedge strategies, to significant new milestones. Total hedge

EQT’s Schulke sells personal care business to Ashland for €262m

Schulke is headquartered in Norderstedt, Germany, and was bought by EQT in July 2020

Foresight opens office in Luxembourg

The new office will be the firm’s fourth international office

Brexit sparks war among bankers over clients

'It’s infuriating,' says one senior banker. 'I discovered the client. I put in all the work and now I’m expected to just hand them over to someone else?'

PE-backed Helgstrand Dressage merges with Ludger Beerbaum Stables

Waterland-backed Danish company Helgstrand Dressage has acquired and merged with equestrian show jumping business Ludger Beerbaum Stables.

Zefyr Invest acquires Bramidan from Blue Equity

Private equity firm Zefyr Invest has acquired Bramidan, a Denmark-based producer of waste recycling products, from Blue Equity.

Odyssey Investment Partners picks up testing, inspection specialist ATS

Odyssey Investment Partners has bought testing, inspection and calibration specialist Applied Technical Services.

Merieux Equity buys Plantex

Merieux Equity Partners has acquired a majority stake in Plantex, a French producer of botanical extracts.

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