Appointments
BGF appoints Isherwood and Strang to board

BGF appoints Isherwood and Strang to board

BGF has appointed Kris Isherwood and Jim Strang as non-executive directors to its board.

Software and Hi-Tech
Kline Hill Partners' third secondaries fund now 40% deployed

Kline Hill Partners' third secondaries fund now 40% deployed

Secondaries specialist Kline Hill Partners held a second and final close for Kline Hill Partners III on $450m in April, with the fund already 40% deployed following several post-lockdown investments, managing partner Mike Bego told

Buyout
US Department of Defense software provider CodeMettle gets JF Lehman & Co buyout

US Department of Defense software provider CodeMettle gets JF Lehman & Co buyout

Private equity house JF Lehman & Co has agreed a management buyout of communications network custom software provider CodeMettle.

Europe
Q3 Barometer: Green shoots emerge

Q3 Barometer: Green shoots emerge

Buyout activity rebounded in the third quarter as lockdown restrictions eased across Europe, according to the latest Unquote Private Equity Barometer, produced in association with Aberdeen Standard Investments.

Limited Partners
Private equity investors commit to global diversity initiative

Private equity investors commit to global diversity initiative

More than 40 private investors have signed up to the Diversity in Action initiative by the Institutional Limited Partners Association

IPO
Brazil’s IPO boom fires up exit opportunities for private equity

Brazil’s IPO boom fires up exit opportunities for private equity

Local investors have driven demand for Brazilian initial public offerings this year, in contrast to past booms

Buyout
Sixth Street Partners eyes brightening European debut investment market with up to €1bn fundraise

Sixth Street Partners eyes brightening European debut investment market with up to €1bn fundraise

Former TPG credit arm Sixth Street Partners is out raising up to €1bn for a new direct lending fund as it looks to profit from market conditions caused by the Covid-19 crisis.

Angel / Venture
VC firms line up to back Orca Security’s $55m Series B round

VC firms line up to back Orca Security’s $55m Series B round

Israel-based Orca Security has netted $55m in its Series B round, which was led by ICONIQ Growth.

Angel / Venture
Sequoia Capital leads $30m Salt Security Series B round

Sequoia Capital leads $30m Salt Security Series B round

API security company Salt Security has scored $30m in a Series B round led by Sequoia Capital - its second funding round of the year.

Angel / Venture
Forbion flies to €460m hard cap fund close in just weeks following recent exit success

Forbion flies to €460m hard cap fund close in just weeks following recent exit success

European life science venture capital firm Forbion has sealed its fastest fundraise to date after hitting the €460m hard cap for its latest investment vehicle in just a few weeks.

Ada Ventures
Ada Ventures seals hard cap-busting $50m debut fund close to back overlooked founders

Ada Ventures seals hard cap-busting $50m debut fund close to back overlooked founders

Ada Ventures, the VC firm launched last year to profit from overlooked founders and impact deals, has scored an above-hard-cap $50m final close for its debut fund.

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