Opalesque Industry Update - The gross return of the SS C GlobeOp Hedge Fund Performance Index for August 2020 measured 1.74%. Hedge fund flows as measured by the SS C GlobeOp Capital Movement Index advanced
Canadian private equity house Novacap has scored its second buyout of the week after agreeing to pick up a majority stake in insurance business GroupAssur.
Imap M&A Consultants has hired Ruta Hildebrand as a partner in its Munich-based healthcare-focused team.
Spanish GP Talde Private Equity has launched a new fund with a €150m target, Talde Capital Crecimiento II, which has already raised €55m after only two weeks on the road.
Ralph Heuwing is the firm's new partner and head of the German-speaking region
Lafayette Mittelstand Capital has acquired in a carve-out PPM Reinstmetalle Osterwieck from its insolvent parent company PPM Metals, a subsidiary of France-based Recyclex, effective as of 1 August 2020.
Beech Tree Private Equity, the buyout house launched by a pair of former Gresham Private Equity execs, has more than doubled its funds under management by hauling in about £192m for its third fundraise
TIIN Capital has acquired IT security company Lantech to merge it with its portfolio company Felton.
Greenfield Partners has closed a $150m fund to continue its strategy of supporting early growth stage Israeli and Israel-related technology and tech-enabled businesses.
Sagard NewGen has taken part in a €40m investment for French pharmaceuticals company Laboratoires Delbert.
BC Partners is looking to make an aggressive £3bn takeover of UK security business G4S through its portfolio business Gardaworld.
Alliance Entreprendre has acquired commercial cleaning company Ecoclean Services, while existing owner LT Capital has reinvested.
Swedish payment service provider Klarna has raised $650m in a round led by Silverlake, giving it a valuation of $10.65bn.
Private equity dealmaking is continuing its steady recovery from April's nadir, reaching one of its highest monthly results of the last 12 months despite ongoing uncertainty amid the coronavirus crisis.
Intermediate Capital Group (ICG) has opened an office in Milan to strengthen its position in the Italian market.
European private equity major PAI Partners has brought in veteran industrials and financial specialist Ralph Heuwing as partner and head of its DACH operations.
US private equity house Thomas H Lee Partners has bought NexPhase Capital portfolio business Insurance Technologies after six years in the latter's portfolio.
India-based e-commerce and cashback company CashKaro has secured $10m in a series B funding round.
Sherpa Capital CEO and founding partner Eduardo Navarro talks to Alessia Argentieri about the firm's latest special situations fund, as well as portfolio management strategies and arising investment opportunities during the Covid-19 crisis
Alternatives specialist GCM Grosvenor has hit an $893m final close for its new fund targeting infra projects which place union labor at their core.
