Angel / Venture
Project A opens first international office in London

Project A opens first international office in London

Berlin-headquartered Project A Ventures has opened in London its first international office, with the aim of establishing a local presence for future UK investments.

Software and Hi-Tech
Five Arrows registers next buyout vehicle

Five Arrows registers next buyout vehicle

Five Arrows Managers, the private equity arm of Rothschild & Co, has registered its next buyout fund, Five Arrows Principal Investments IV (FAPI IV).

Software and Hi-Tech
PGIM to acquire Montana Capital Partners

PGIM to acquire Montana Capital Partners

US-based investment management firm PGIM is to acquire Switzerland-headquartered secondaries investor Montana Capital Partners (MCP).

Consumer Services
Seraphine lists in London seven months after Mayfair deal

Seraphine lists in London seven months after Mayfair deal

Mayfair Equity Partners-backed Seraphine, a maternity clothing designer and retailer, has priced its IPO on the London Stock Exchange.

Digital Transformation
BC Partners acquires major stake in digital-services agency Valtech

BC Partners acquires major stake in digital-services agency Valtech

Deal values the London-based company, which counts L’Oreal and PepsiCo among its clients, at $1.4bn

Digital Transformation
BC Partners invests in Valtech at USD 1.4bn valuation

BC Partners invests in Valtech at USD 1.4bn valuation

BC Partners has taken a stake in Valtech, a digital services and business transformation agency, in a deal valuing the company at USD 1.4bn.

Software and Hi-Tech
FCA to consult on Hill and Kalifa reforms to UK finance markets

FCA to consult on Hill and Kalifa reforms to UK finance markets

Rule changes on dual-class share structures and free float requirements are intended to make the City more attractive

High Net Worth
Finance watchdogs want top firms to start measuring diversity with strict metrics

Finance watchdogs want top firms to start measuring diversity with strict metrics

'The situation for ethnic minorities shows signs of going into reverse'

Venture Capital’s “Me Too” Moment

Posted by Sophie Calder-Wang (The Wharton School), Paul A. Gompers (Harvard Business School), and Patrick Sweeney (Harvard Business School), on Tuesday, July 13, 2021 Editor's Note: Sophie Calder-Wang is Assistant Professor of Real Estate at

Software and Hi-Tech
H&F, BlackRock, GIC invest in Belron at EUR 21bn EV

H&F, BlackRock, GIC invest in Belron at EUR 21bn EV

Hellman & Friedman (H&F), BlackRock and GIC are to acquire a 13% stake in vehicle glass repair and replacement firm Belron in a deal that gives the company an enterprise value of EUR 21bn and

Software and Hi-Tech
Triton sells Polygon to AEA for 5.3x money invested

Triton sells Polygon to AEA for 5.3x money invested

Triton is to sell its stake in Sweden-based building maintenance business Polygon to AEA Investors, netting returns of 5.3x invested capital.

Europe
Kempen Capital launches second private equity fund

Kempen Capital launches second private equity fund

Netherlands-headquartered Kempen Capital Management has announced the launch of its second private equity fund, Kempen European Private Equity Fund II, with a EUR 200m target.

Angel / Venture
Eka Ventures closes early-stage impact fund on GBP 68m

Eka Ventures closes early-stage impact fund on GBP 68m

Newly established Eka Ventures has held a final close on GBP 68m for its inaugural early-stage impact fund focused on the UK.

Politics
Hg makes $1bn investment in Insightsoftware

Hg makes $1bn investment in Insightsoftware

Deal values the maker of financial-reporting software at around $4bn

Event
Pitalia launches with GBP 50m fund, hires Davies as head

Pitalia launches with GBP 50m fund, hires Davies as head

Newly launched private equity house Pitalia Capital will deploy a GBP 50m fund to back small to medium-sized businesses across the UK.

Singapore
Morrisons rival bidders may have little room to improve on Fortress bid

Morrisons rival bidders may have little room to improve on Fortress bid

Bidders for UK-based grocer WM Morrison could find it difficult to justify a much higher offer than the 254 pence per share offer tabled by Softbank subsidiary Fortress, two sources familiar with the situation said.

IPO
Should politicians interfere in IPOs?

Should politicians interfere in IPOs?

Having a vague power to block listings on national security grounds won’t instil faith in the UK’s markets

Fintech and Finance
Twice as many women as men suffer ‘extreme’ stress in pandemic in the City

Twice as many women as men suffer ‘extreme’ stress in pandemic in the City

Heart rates were analysed of senior execs at asset managers, investment banks, insurance companies and private equity firms.

Europe
UK buyout activity cools off in second quarter

UK buyout activity cools off in second quarter

While buyout activity fell more sharply in the UK compared to other European markets in Q2, dealflow remained very strong by historical standards, Unquote Data shows.

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