Brightstar beat Fund II target with more than $1bn of new capital to follow milestone 2020

Brightstar Capital has beaten its target for its second fundraise by bringing in more than $1bn of investor capital.

Politics
SilverTree acquires Orbus

SilverTree acquires Orbus

SilverTree has acquired Orbus Software, a provider of enterprise architecture software.

Angel / Venture
eEquity, Bonnier Ventures sell Refunder to trade

eEquity, Bonnier Ventures sell Refunder to trade

UK-based Top Online Partners Group has acquired Swedish cashback website Refunder from eEquity, Bonnier Ventures and its management.

Politics
Insight Partners leads $100m round for Jedox

Insight Partners leads $100m round for Jedox

Insight Partners has led a funding round of more than $100m for business planning, analysis and reporting software platform Jedox.

Software and Hi-Tech
MCH backs citrus fruits producer Llusar

MCH backs citrus fruits producer Llusar

MCH Private Equity has invested in Spain-based citrus fruits specialist Llusar.

Software and Hi-Tech
Idea Agro closes on €110m

Idea Agro closes on €110m

DeA Capital Alternative Funds has held a €110m final close for Idea Agro, a vehicle dedicated to the agriculture sector.

AMP Capital and PSP Investments to sell stakes in Alpha Trains

Dutch pension funds become shareholders in train-leasing firm

Angel / Venture
Evolving VC landscape helps fuel venture secondaries

Evolving VC landscape helps fuel venture secondaries

Startups staying private for longer, coupled with investors' desire to capitalise on greater value creation in the later stages of VC funds, are boosting the appeal of venture secondaries. Denise Ko Genovese reports

Hedge funds end tumultuous year on a high note; China, technology and activist funds among top performers

Opalesque Industry Update - The global hedge fund business ended 2020 on a high note, with average hedge fund returns for December coming in at +4.00% and bringing full-year 2020 average returns to +11.02%, according

Senior bankers warn Brexit is driving more functions to Europe

About 7,000 City jobs have been lost so far to Brexit. Some warn there may be more pain to come

Software and Hi-Tech
Investec holds first close for PDF I on €165m

Investec holds first close for PDF I on €165m

Investec has held a first close on its Private Debt Fund I (PDF I) on €165m.

Software and Hi-Tech
Andera invests in Pusterla 1880

Andera invests in Pusterla 1880

Andera Partners has acquired a minority stake in Italian packaging specialist Pusterla 1880.

Carne gets Vitruvian Partners investment as platform hits $2tn in overseen assets

Digital asset management platform Carne has picked up a €100m minority stake investment from Vitruvian Partners.

Russia
Holland Capital invests in Intercept

Holland Capital invests in Intercept

Holland Capital has invested an undisclosed amount into Dutch company Intercept, a Netherlands-based Microsoft cloud service provider.

Angel / Venture
Redalpine promotes Laska to partner

Redalpine promotes Laska to partner

Switzerland-headquartered venture capital firm Redalpine has announced the promotion of Aleksandra Laska to partner.

IK agrees to sell private equity research specialist Third Bridge to Astorg

IK Investment Partners has agreed to sell private equity and alternatives researcher Third Bridge to fellow buyout house Astorg.

Pharma and Healthcare
HBM Healthcare leads €127m series-B for IO Biotech

HBM Healthcare leads €127m series-B for IO Biotech

Danish biotech company IO Biotech has raised €127m in an oversubscribed series-B funding round led by HBM Healthcare Investments.

AMP Capital, PSP Investments sell stakes in Alpha Trains to APG, PGGM Infrastructure Fund

AMP Capital and Canadian pension giant the PSP Investments have agreed to sell their stakes in European rail rolling stock company Alpha Trains.

ICV Partners brings in veteran Goodman to lead global investor relations

Lower mid-market private investment firm ICV Partners has hired alternatives marketing veteran Kristie Goodman for its newly-created role of director of investor relations and strategic partnerships.

Veteran investor Peterson Partners raises first dedicated search fund

Experienced private equity investor Peterson Partners has picked up $48m to close its first fund dedicated to search funds and micro-private equity.

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