Event
Stafford raises initial €153m for infrastructure secondaries fund

Stafford raises initial €153m for infrastructure secondaries fund

The London-based alternatives specialist launched the strategy in January this year

Software and Hi-Tech
Citigroup pays revlon lenders nearly $900m by mistake

Citigroup pays revlon lenders nearly $900m by mistake

Bank asks Revlon investors to give money back after mistakenly making loan payment

Software and Hi-Tech
Procuritas exits Swedish temporary space solutions provider

Procuritas exits Swedish temporary space solutions provider

The Swedish private equity firm sold Temporary Space Nordics (TSN), a company it invested in 2018, to Agelco Group

Software and Hi-Tech
Nordic Capital X hits €5bn target in first close – reports

Nordic Capital X hits €5bn target in first close – reports

Nordic Capital has held a €5bn first close for its 10th private equity fund, hitting its initial target, according to press reports.

Software and Hi-Tech
Genesis acquires Home Care Promedica

Genesis acquires Home Care Promedica

Genesis Capital has acquired a majority stake in Home Care Promedica, a Czech provider of home care services.

Politics
Bid acquires Pisa Sales

Bid acquires Pisa Sales

Bid Equity has acquired customer relationship management (CRM) software company Pisa Sales.

Manufacturing and Industrial
Vangionen Capital backs Guenter Hofstetter

Vangionen Capital backs Guenter Hofstetter

Vangionen Capital has acquired Guenter Hofstetter, a German high-precision machine parts manufacturer currently under administration.

Portfolio Company News
Procuritas exits Temporary Space

Procuritas exits Temporary Space

Procuritas has sold its portfolio company Temporary Space Nordics, a construction company of temporary premises, to Algeco.

Angel / Venture
VCs in £33m round for Form3

VCs in £33m round for Form3

Draper Esprit and 83North have invested in a £33m funding round for payments company Form3.

Downsizing
Hony Capital’s PizzaExpress closes 73 outlets and cuts 1,100 jobs

Hony Capital’s PizzaExpress closes 73 outlets and cuts 1,100 jobs

The Chinese private equity firm, which owns the British restaurant group since 2014, agreed to a restructuring deal earlier this month

Africa
Africa-focused PE major Helios hires ex-Carlyle EMEA sustainability head as ESG director

Africa-focused PE major Helios hires ex-Carlyle EMEA sustainability head as ESG director

African private equity major Helios Investment Partners has brought in former Carlyle EMEA head of sustainability Phil Davis as director of ESG.

Software and Hi-Tech
FN50 Most Influential in Private Equity 2020 nominations are now open

FN50 Most Influential in Private Equity 2020 nominations are now open

e deadline for submissions is close of business on 11 September

American Capital
American Capital spin-out Northlane passes $250m for first independent fundraise

American Capital spin-out Northlane passes $250m for first independent fundraise

American Capital spin-out Northlane Capital Partners has pulled past the $250m mark for its inaugural independent fundraise.

Buyout
Canadian pension giant OTPP to lose veteran CFO David McGraw after 16 years

Canadian pension giant OTPP to lose veteran CFO David McGraw after 16 years

Veteran Ontario Teachers' Pension Plan CFO David McGraw is retiring after 16 years with the pension fund.

Buyout
Long-serving Cerberus Capital senior exec Ron Rawald dies suddenly aged 56

Long-serving Cerberus Capital senior exec Ron Rawald dies suddenly aged 56

Long-serving Cerberus Capital senior exec Ron Rawald has died suddenly at the age of 56.

Andros Capital Partners
New energy-focused private equity firm Andros Capital Partners hits $250m hard cap for debut fundraise

New energy-focused private equity firm Andros Capital Partners hits $250m hard cap for debut fundraise

Newly-formed energy-focused private equity and credit investor Andros Capital Partners has hit a $250m hard cap close for its debut fundraise.

Buyout
Nautic Partners creates US school, education services platform HES Facilities following SMS deal

Nautic Partners creates US school, education services platform HES Facilities following SMS deal

Veteran private equity investor Nautic Partners has created HES Facilities as a new platform company focused on provide custodial and maintenance services to school and higher education customers across the US.

Pension Funds
US pension fund trims private equity commitment plans

US pension fund trims private equity commitment plans

The Arizona pension system is reducing its planned private equity investment this year in the face of slower distributions

Angel / Venture
Capitalising on women’s ventures

Capitalising on women’s ventures

Although women-led businesses are more likely to yield market-beating returns, they are woefully neglected by venture capital firms, which are dominated by men

Angel / Venture
CIVC Partners picks up managed services, tech consulting specialist iVision

CIVC Partners picks up managed services, tech consulting specialist iVision

Chicago private equity player CIVC Partners has picked up managed services and technology consulting provider iVision.

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