Taxonomy in trouble

The sustainable finance market clamoured for a Taxonomy to tell it what was green. Now it’s here, many are finding the answers constraining or simplistic. Alarmingly, the Taxonomy is also perpetuating the very thing it

Liquidity crisis avoided – now to dodge the solvency crisis

Sovereign and corporate debt has rocketed during the coronavirus pandemic, as liquidity became the essential plaster to cover the almost overnight collapse in consumer spending. European treasurers might be tempted to spend 2021 shying away

MiddleGround Buys Automotive Supplier

MiddleGround Capital has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. The buy of Dura is MiddleGround’s sixth platform acquisition in its first fund which closed in August 2019. Dura Automotive

Life sciences VCs sell British drug maker KaNDy Therapeutics to Bayer

The deal includes the payment of an upfront consideration of $425m for the company, which is developing a compound to alleviate menopausal symptoms

Yanlord boosts loan to $1.1bn

Chinese property developer Yanlord Land Group has increased the size of its latest borrowing to $1.1bn-equivalent after receiving strong response during syndication.

Fantasia reopens 2022 bond for $200m return

Chinese property developer Fantasia Holdings Group Co reopened a bond initially sold three years ago in a bid to lower its funding costs, taking $200m from the tap.

Venture capital fund invests in Antikytera E-Technologies

Dublin-headquartered startup Antikytera E-Technologies has received an investment from a venture capital house to further expand its remote assistance software and artificial intelligence technology.

VCs in €5m round for Klima

Germany-based venture capital investors EVentures, 468 Capital and HV Holtzbrinck Ventures have backed a €5m seed round for Klima, an app that allows users to make donations to mitigate their carbon footprint.

Shark Solutions raises funding from Circularity Capital

Danish recycled glass firm Shark Solutions has raised funding from Scotland-based venture capital firm Circularity Capital.

La Famiglia announces second fund

La Famiglia has announced its second B2B-focused venture capital fund, which is targeting €50m.

Churchill Real Estate picks up $2bn of new institutional capital

Churchill Real Estate has picked up $2bn of new institutional capital as it looks to capitalise on residential transition lending.

MCH buys pipes manufacturer Molecor

MCH Private Equity has acquired a majority stake in Molecor, a Spanish manufacturer of molecular orientated PVC (PVC-O) pipes.

Arcline Investment Management makes Jersey Elevator latest buyout from $1.5bn debut fund

Arcline Investment Management has picked up elevator maintenance, modernization and installation Jersey Elevator.

Family offices give VC vote of confidence amid Covid-19 crisis – but returns expectations prove surprising

Family offices are sticking with venture capital despite the growing coronavirus crisis - but their expectations of returns threw up a surprising result, new research shows.

Industry giants, Skype co-founder Zennström among backers of La Famiglia’s sophomore fundraise

Industry giant Mittal, the Swarovski family and Skype co-founder Niklas Zennström are all among backers of a €50m fund raised by woman-led venture capital firm La Famiglia.

Logan back in market for $300m

Chinese property developer Logan Group Co courted investors with a six year bond on Monday, raising $300m from a solid order book of $3.3bn.

Logan back in market for $300m

Chinese property developer Logan Group Co courted investors with a six year bond on Monday, raising $300m from a solid order book of $3.3bn.

Perimeter raises rapid-fire $40m Series B, just months after Series A extension

Zero-trust secure network Perimeter 81 has closed its Series B on $40m, just a few months after a Series A extension.

Proptech startup Habito secures £35m in venture capital-backed Series C round

London-based PropTech Habito has bagged £35m in a Series C round led by Augmentum Fintech, SBI Group and mojo.capital.

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