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Month: February 2021

BayBG appoints Herreiner as managing director

Bayerische Beteiligungsgesellschaft (BayBG) has announced the appointment of Peter Herreiner as its new managing director, as of 1 February 2021.

Foresight prices IPO at £455m market cap

Foresight has priced its initial public offering with a market capitalisation of £455m.

VC-backed Auto1 completes IPO

Auto1, a used car trading platform that has received backing from VCs including Softbank and DN Capital, has completed its IPO on the Frankfurt Stock Exchange, marking the first IPO in Germany of 2021.

Osae Partners eyes Covid-19 market dislocation with €250m debut French RE fund close

French private equity real estate specialist Osae Partners has pulled in €250m for the final close of its debut fundraise.

ICG taps up PIMCO’s Lionel Laurant to help lead Covid debt Rescue Fund

Intermediate Capital Group has brought in former PIMCO European credit opportunities head Lionel Laurant as a managing director in the wake of launching a Covid-focused recovery fund.

Eurazeo receives €340m in commitments for growth continuation fund

Eurazeo will receive €340m of additional commitments for its Eurazeo growth strategy from a group of international investors.

Andera Partners agrees exit of e-learning provider Skill & You to IK after big sales year amid 2020 lockdowns

Andera Partners has agreed the sale of e-learning business Skill & You to fellow private equity house IK Investment Partners.

BGF sells Renal Services

BGF has sold dialysis services provider Renal Services to healthcare group DaVita UK.

Thoma Bravo said to ride Covid’s digital payments rise with MeridianLink IPO

US private equity major Thoma Bravo is reportedly prepping an IPO of financial services software business MeridianLink which could value the company at more than $3bn including debt.

VCs sell stakes in Adjust to KKR's AppLovin

VCs including Eurazeo have sold their stakes in Germany-based app performance measurement and marketing company Adjust to US-based AppLovin, a portfolio company of KKR.

CVC seals $1.52bn buyout of low-cost skincare, shampoo brands from Japan’s Shiseido

CVC Capital Partners has agreed a JPY160bn ($1.52bn) buyout of a suite of skincare and shampoo brands from Japanese cosmetics business Shiseido.

Global IPO proceeds hit $268bn in 2020, highest value since 2010

Opalesque Industry Update - The initial public offering (IPO) market performance in 2020 defied all expectations, demonstrating the resilience of equity and capital markets. The year saw a total of 1,363 IPOs receiving $268.0 billion.

Carlyle turns profit as the market lifts its investments

The firm's assets under management were about $246bn as of 31 December, up about 10% for the year

Elaia leads €15m series-B for Holded

Elaia has led a €15m series-B for Barcelona-based management software provider Holded.

Wealth managers planning increased PE, RE allocations in wake of Covid markets volatililty, hedge funds set to suffer

Wealth advisors are eyeing an increase of their allocation to alternative assets in the coming year following the huge market volatility of 2020, new research suggests.

Charlesbank Capital races to more than $4.5bn close across Fund X, companion vehicle

A storming fundraise has seen long-standing private equity house Charlesbank Capital Partners strike a $3.75bn hard cap close for its tenth fund after less than six months in the market.

GHO Capital appoints two operating partners

David Miller and Geoffrey Hamilton-Fairley will support deal origination as well as the firm's portfolio companies

Endicott Group closes debut data, analytics-focused private equity fund on $142m

New York investment firm Endicott Group has sealed a $142m final close for its debut private equity fund focused on the information services sector.

Africa foodchain investor Phatisa scores big DFI, impact investor backing to close $143m fund

CDC Group has led a string of development finance institutions and impact investors to help Phatisa Food Fund 2 reach a $143m final close.

Nordic Capital acquires, merges Sambla and Advisa

Nordic Capital has acquired and merged Sweden-based personal finance platforms Sambla and Advisa.

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