Oak HC/FT gets PSERS backing for $1.1bn-targeting Fund IV

Healthcare and fintech investor Oak HC/FT has picked up backing from a US pension giant as it looks to raise up to $1.1bn for its latest fund.

Mytheresa IPO is less fashion-forward than it looks

Former Neiman Marcus owners have sold a stake in the German online retailer at a high valuation, but its business model may need a makeover

Neuberger Berman offers private markets fund for individual investors

The asset manager is seeding its NB Crossroads Private Markets Access Fund with $208m, including $34m invested by employees

City of London to remove slavery-era statues

Statues of slavery financiers William Beckford and Sir John Cass will be removed from the City's Great Hall and Guildhall

Quaero Capital raises €600m for second infrastructure fund

The new fund aims to finance equity in both greenfield and brownfield infrastructure projects in Europe

Digital Transformation
Toscafund leads €25m round for Elinvar

Toscafund leads €25m round for Elinvar

Toscafund has led a €25m funding round for Germany-based wealth management platform Elinvar.

Software and Hi-Tech
HIG exits Royo Group's furniture unit

HIG exits Royo Group's furniture unit

HIG Capital has sold the bathroom furniture division of Royo Group International Bathroom, a Spanish bathroom furnishings and appliances producer, to Roca Sanitario.

Politics
EMH sells stake in Native Instruments

EMH sells stake in Native Instruments

EMH Partners has sold its stake in Germany-based DJ software and audio equipment producer Native Instruments to technology-focused sponsor Francisco Partners.

Vestar Capital Partners buys into plant-based food specialist Dr Praeger’s

Vestar Capital Partners has made a majority growth investment in Dr Praeger’s Sensible Foods, a fast-growing brand specialising in plant-based frozen and refrigerated foods.

Fintech and Finance
InfraVia's Celeste acquires PE-backed VTX Telecom

InfraVia's Celeste acquires PE-backed VTX Telecom

B2B telecommunications operator Celeste, a portfolio company of InfraVia Partners, has acquired Switzerland-based VTX Telecom, in which Spiarex and Iris Capital owned minority stakes.

Mountain of small loans looms over Europe’s pandemic-hit banks

Banks have outsize exposure to small businesses, the backbone of the continent’s economy. If these businesses fail, pain awaits Europe’s already-stretched lenders.

Software and Hi-Tech
Lightspeed leads $20m Wintermute series-B

Lightspeed leads $20m Wintermute series-B

Lightspeed has led a $20m series-B funding round for liquidity provider Wintermute Trading.

Angel / Venture
Aurica Capital invests in SamyRoad

Aurica Capital invests in SamyRoad

Aurica Capital has made a minority investment in Spanish startup SamyRoad.

Ridgemont Equity picks schools software business Softdocs as latest investment

Ridgemont Equity Partners has made a growth investment in Softdocs, an enterprise content management software provider for the higher education and K-12 markets.

Software and Hi-Tech
Sagard invests in Flight Simulator developer Asobo Studio

Sagard invests in Flight Simulator developer Asobo Studio

Sagard NewGen has secured a minority stake in Asobo Studio, a French video game developer that notably worked on the latest version of Microsoft Flight Simulator.

Angel / Venture
Swanlaab leads $8m series-A round for Landbot

Swanlaab leads $8m series-A round for Landbot

Barcelona-based chatbot builder Landbot has raised $8m in a series-A round led by Spanish-Israeli venture capital firm Swanlaab.

Pharma and Healthcare
Baird sells Prescient to BDC

Baird sells Prescient to BDC

Baird Capital has sold Prescient Healthcare Group to Bridgepoint Development Capital (BDC).

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