Bank of England to roll out ‘simpler regime’ for small banks post-Brexit

The deputy governor of the BoE Sam Woods said that the UK would return to a more ‘British-style’ of regulation after the transition period

Sequoia Capital China said to near up to CNY18bn ($2.65bn) fund close in coming weeks

Sequoia Capital's China arm is reportedly eyeing as much as CNY18bn ($2.65bn) for what would be its largest fund focused on the country.

AMP Capital buys into digital infrastructure business VX Fiber

Infrastructure investment specialist AMP Capital has agreed to acquire a majority stake in digital infrastructure business VX Fiber.

Westbridge already prepping for Fund III raise, brings in Bond as investor relations director

UK private equity house WestBridge has named Katherine Bond as investor relations director as the firm prepares the pre-marketing of its third fund.

Medicxi pioneers ‘exit and reinvest’ for biotech sector with €200m close of debut secondaries fund

European life sciences investor Medicxi has hit a €200m final close for its debut secondaries fund amid using the vehicle to pick up six companies from one of the firm's previous funds.

EQT Real Estate makes first UK deal with £1bn JV addressing “severe” London rental home shortage

European private equity major EQT's real estate arm has launched a £1bn joint venture with Sigma Capital Group to bring 3,000 new rental homes to outer London.

3i looks to internationalise garden home, shed specialist A-Z Gartenhaus after majority stake buy

Private equity house 3i Group has bought a majority stake in online garden home, shed and sauna seller A-Z Gartenhaus for £60m.

Apax Partners to seal 3.5x return selling Neuraxpharma to Permira – sources

Apax Partners is set for a 3.5x return selling its stake in European pharma company Neuraxpharm to fellow private equity major Permira, AltAssets has learned.

Private equity firm founder faces jail after pleading guilty in US college admissions scandal

The founder of buyout house Hauser Private Equity is facing up to six months in prison after pleading guilty to taking part in the extensive US college admissions scandal by paying $40,000 to rig his

EQT teams up with Sigma Capital for £1bn housing JV

The Swedish private equity firm and the UK residential specialist plan to have a portfolio of around 3,000 affordable homes in London, expected to be built and completed over a period of at least five

VC backers return to help open banking startup TrueLayer to another $25m

Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.

Europe’s sluggish IPO market shows signs of life

Hopes rise that tech offerings could spark a wider revival following strong debut by UK's online retailer THG Holdings

KPS Capital agrees $2.1bn Garrett Motion ‘stalking horse’ bid following bankrupty filing

Private equity house KPS Capital Partners has agreed a $2.1bn 'stalking horse' buyout US vehicle parts business Garrett Motion after the company filed for bankruptcy protection.

Venture capital helps ‘buy now, pay later’ fintech business Affirm to $500m investment round

Affirm, a buy-now-pay-later tech startup, has closed its Series G round on $500m.

Canada pension giant looks to accelerate Asia dealmaking with new Singapore office

The $204bn-managing Ontario Teachers' Pension Plan has expanded its Asian investment potential with the launch of its new Singapore office.

Hillhouse Capital said to eye CNY20bn for biggest-ever yuan-denominated fund

Chinese private equity major Hillhouse Capital is reportedly eyeing more than CNY20bn ($3bn) for what would be its biggest renminbi-denominated fund yet.

Private equity veteran Feeney gives away $8bn-plus fortune after decades of secret donations

Private equity veteran Chuck Feeney has finished giving away his $8bn-plus fortune after 38 years of secret donations around the globe.

Kindred Capital, which lets portfolio company entrepreneurs share its fund carry, closes £81m Fund II

Kindred Capital has hit an £81m final close for its second seed-stage European tech fund, doubling its capital under management.

Ex-Encore Consumer Capital, Wafra senior execs eye up to $125m for debut Seaside Equity Partners fundraise

Seaside Equity Partners, a private equity house launched by former managing directors at Encore Consumer Capital and Wafra, is out eyeing up to $125m for its debut fundraise.

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