Angel / Venture
Most Forwarded: Opalesque most forwarded article – week 41: PE/VC Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end

Most Forwarded: Opalesque most forwarded article – week 41: PE/VC Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end

Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns

India
Emcure seeks loan for overseas business

Emcure seeks loan for overseas business

India’s Emcure Pharmaceuticals has returned to the loan market after four years, seeking a small amount of $34m.

Economy
AMW :- Opalesque Roundup: Hedge funds stumble in September as investor risk tolerance fell: hedge fund news, week 41

AMW :- Opalesque Roundup: Hedge funds stumble in September as investor risk tolerance fell: hedge fund news, week 41

In the week ending October 9th 2020, HFR reported that hedge funds posted mixed declines in September as investor risk tolerance fell over uncertainty regarding additional coronavirus spreading in Europe and the US, the strength

Fintech and Finance
Credit Suisse racism claim sparks soul-searching in Swiss banking

Credit Suisse racism claim sparks soul-searching in Swiss banking

The row erupted this week after an article in the New York Times alleged former Credit Suisse chief Tidjane Thiam was the victim of racism

All Transactions
Pritzker Combines Auto Liquid Giants

Pritzker Combines Auto Liquid Giants

Pritzker Private Capital (PPC) has agreed to acquire Highline Aftermarket, the leading manufacturer of windshield wash fluids in the US and a portfolio company of The Sterling Group; and Warren Distribution, one of the largest

Add-on
Gemspring’s Shrieve Builds Styrene Business

Gemspring’s Shrieve Builds Styrene Business

Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired the styrene business unit and other assets of CLP Chemicals. Gemspring acquired Shrieve, a distributor of industrial chemicals, fluids, and specialty lubricants, in December

Add-on
Snow Phipps Adds Two to Brook & Whittle

Snow Phipps Adds Two to Brook & Whittle

Brook & Whittle, a portfolio company of Snow Phipps, has agreed to acquire sister companies Innovative Labeling Solutions and Wizard Labels. Brook & Whittle is a Connecticut-headquartered manufacturer of pressure-sensitive labels, shrink labels and medical

All News
Plexus Above Target on Fund Five

Plexus Above Target on Fund Five

Plexus Capital has held a final above target close of Plexus Fund V LP with $502 million of capital. Like its earlier funds, Fund V will invest up to $40 million in profitable US-based companies

High Net Worth
Investors want more transparency about ethnic diversity

Investors want more transparency about ethnic diversity

The Investment Association said that almost three-quarters of FTSE 100 failed to report the ethnic make-up of their boards in 2020

Europe
BC European Capital XI holds first close on €4bn

BC European Capital XI holds first close on €4bn

BC Partners held a first close for its BC European Capital XI fund on €4bn in September.

Software and Hi-Tech
Miura backs Terrats Medical

Miura backs Terrats Medical

Miura Private Equity has invested in Terrats Medical, a designer and producer of dental implants and abutments that operates under the DESS Dental Smart Solutions brand.

Fintech and Finance
Latour acquires Santiane from BlackFin for €200m EV

Latour acquires Santiane from BlackFin for €200m EV

Latour Capital has acquired insurance broker Santiane from BlackFin Capital for an estimated €200m enterprise value, according to Capital Finance.

Event
Omnes hits fundraising trail for Croissance 5 fund

Omnes hits fundraising trail for Croissance 5 fund

French GP Omnes Capital has launched its fifth Croissance mid-cap vehicle with a target of around €350m.

Manufacturing and Industrial
Ardian acquires Syclef majority stake from Latour

Ardian acquires Syclef majority stake from Latour

Ardian has acquired a majority stake in refrigeration systems manufacturer Syclef from Latour Capital.

Angel / Venture
Kibo Ventures targets biggest fundraise yet, reaches first close for third investment vehicle

Kibo Ventures targets biggest fundraise yet, reaches first close for third investment vehicle

Spain's Kibo Ventures has launched its biggest fundraise yet by targeting up to €100m for its third early-stage investment vehicle.

Angel / Venture
PE, VC fundraising remains at ‘full throttle’ despite LP pullback amid Covid-19

PE, VC fundraising remains at ‘full throttle’ despite LP pullback amid Covid-19

Private equity and venture capital fundraising efforts remain at full throttle despite a tightening up of LP commitments to alternatives in the face of the Covid-19 pandemic, new research shows.

General Partners
Omnes, Alliance Entreprendre inject €10m into Sekoia

Omnes, Alliance Entreprendre inject €10m into Sekoia

French GPs Omnes Capital and Alliance Entreprendre have invested €10m in Sekoia, a France-based tech company specialising in cyber-threat anticipation.

Angel / Venture
Bonnier, Frog lead €15m series-B round for Winningtemp

Bonnier, Frog lead €15m series-B round for Winningtemp

Swedish AI-driven employee engagement platform Winningtemp has raised €15.1m in a series-B funding round led by Stockholm-based Bonnier Ventures and London's Frog Capital.

asia
Warburg Pincus in line to profit from The Philippines’ second biggest IPO through Converge listing

Warburg Pincus in line to profit from The Philippines’ second biggest IPO through Converge listing

Warburg Pincus is set to profit from The Philippines' second largest IPO through the public listing of fibre broadband business Converge ICT Solutions.

agriculture
Food, agriculture investor Pontifex AgTech beats hard cap for Fund II final close

Food, agriculture investor Pontifex AgTech beats hard cap for Fund II final close

Food and agriculture-focused growth capital investor Pontifex Agtech Management has hit an above-hard-cap final close of $302m for its second fundraise.

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