Vista Equity Partners helps Pipedrive hit unicorn status through majority investment

Software-focused private equity major Vista Equity Partners has helped CRM platform Pipedrive reach unicorn status through a majority investment.

EQT said to have started talks for takeover of €11bn-valued Dutch telecoms business KPN

European private equity major EQT has reportedly entered preliminary talks for an acquisition of €11bn-valued Dutch telecommunications business Royal KPN.

Main Capital looks to build European IT security major following Pointsharp buyout

European private equity house Main Capital has bought a majority stake in IT identity and access management business Pointsharp with the aim of creating a major Swedish security player.

European puzzle game major Keesing changes private equity hands as BC buys in

Private equity major BC Partners has agreed to buy European 'braintainment' business, Keesing Media Group from Ergon Capital and Mediahuis.

PSERS reveales trio of new private equity commitments totalling almost $400m

The $59bn-managing PSERS pension fund has revealed a trio of new private equity commitments totalling close to $400m.

Carousel Capital spins up new $700m fund in just a couple of months of fundraising

Carousel Capital has raced to a $700m hard cap close for its biggest fund by some margin, taking just a couple of months to wrap up the fundraise.

VC houses help stock ownership app Bumped to $14.4m Series A round

Bumped, which aims to transform everyday spending of consumers into stock ownership, has netted $14.4m in its Series A.

Truebill celebrates $100m savings milestone with VC-led Series C round

Truebill, which aims to simplify the tracking and management of subscriptions and bills, has closed a $17m Series C round after celebrating the milestone of saving customers a total of $100m.

Lagarde implies yield compression is official ECB policy

One of the European Central Bank's outright aims is to suppress government bond yields, ECB president Christine Lagarde hinted in a keynote speech on Wednesday.

People and markets news in brief: November 12, 2020

StanChart's Sameer Chandra has died — ICBC Asia syndicate boss leaves — RHB names two senior posts — UBS chooses India head — StanChart's Robins retires — HKMA, IFC team up for green finance

India’s Gland Pharma scores record listing

Gland Pharma has completed India’s largest pharmaceutical IPO, a Rp65bn ($870.6m) deal that sailed through on demand from institutional accounts. But the issuer’s Chinese ties and a wobble in pharma stocks blunted retail investor interest.

No sweat: banks exit long-held PureGym bridge in perfect market window

Market euphoria following news of Pfizer’s potential Covid vaccine created a perfect window for lead banks Barclays and Jefferies to sell out of a bridge loan for UK fitness chain PureGym, which they had held

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

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

Double win for Private Equity News editorial team

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

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

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.

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