SE Asia-focused Novo Tellus obliterates Fund II goal in $250m final close

Southeast Asia-focused private equity investor Novo Tellus has soared past its fundraising target to hit a $250m final close for its second investment vehicle.

Private equity races to tackle its ethnicity gap

Charity SEO London is launching a programme to help the European alternative investment industry hire more people from ethnic minorities or low socio-economic backgrounds

Private equity races to tackle its ethnicity gap

Charity SEO London is launching a programme to help the European alternative investment industry hire more people from ethnic minorities or low socio-economic backgrounds

Blackstone-backed dating app Bumble raises $2.2bn in IPO

The US-based firm acquired a majority stake in the company in November 2019 at a $3bn valuation

Blackstone-backed dating app Bumble raises $2.2bn in IPO

The US-based firm acquired a majority stake in the company in November 2019 at a $3bn valuation

Eurazeo subsidiary Idinvest strikes €80m initial close for second Smart City investment fund

European investment major Eurazeo's subsidiary Idinvest Partners has hit €80m for the initial close of its second fund dedicated to energy, mobility proptech and logistics start-ups.

LDC seals £210m trade sale of ADEY to UK pipe making major Polypipe

UK private equity house LDC has sold water-based heating systems protection specialist ADEY in a £210m trade sale.

New web hosting giant created by Clearlake, Siris through $3bn Endurance International buyout, Web.com merger

Clearlake Capital and Siris Capital have created a new web hosting major after taking control of Bluehost, HostGator and Domain.com owner Endurance International at a $3bn valuation.

Asda makes sterling statement with £8bn+ orders for LBO bonds

Asda has definitively demonstrated the sterling high yield market’s capacity to do size, garnering more than £8bn of orders across the two tranches of its buy-out financing. Investors bemoaning their likely miserable allocations, however, may

ION founder lists second SPAC in US

A blank cheque company fronted by Andrea Pignataro, the founder and executive chairman of trading software and financial data group ION, has listed on the Nasdaq, raising $300m.

Autolus prices US raise as biotech equity wave continues

UK biotech firms are continuing to reap the benefits from US listings. On Tuesday Autolus Therapeutics, an early stage biopharma firm backed by Syncona Investments, became the latest UK Biotech firm to raise capital on

IPO candidate IVC Evendsia gets private funding

IVC Evendsia, Europe’s largest veterinary care provider backed by Swedish private equity firm EQT, has announced the results of its private equity capital raising. The company was reported to be considering a London listing this

Apollo cleans up Watches of Switzerland stake

Apollo Global Management has exited Watches of Switzerland, the UK luxury watch retailer, having sold the last of its shares via an accelerated bookbuild.

SG and Natixis see Q4 recovery in equities

Société Générale and Natixis both endured a difficult 2020 in their markets business, but in the fourth quarter their equities divisions managed to pull off a brighter performance.

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