Business Services
Moira invests in logistics operator Goi

Moira invests in logistics operator Goi

Spanish private equity firm Moira Capital Partners has backed Goi, a logistics operator which specialises in the transport, delivery, assembly and installation of household goods and furniture.

Software and Hi-Tech
Pictet closes Monte Rosa V on $1.164bn

Pictet closes Monte Rosa V on $1.164bn

Pictet Alternative Advisors has closed its fifth-generation fund-of-funds, Monte Rosa V, on $1.164bn.

Angel / Venture
P101 in €3.5m round for food marketplace Soplaya

P101 in €3.5m round for food marketplace Soplaya

Venture capital house P101 has led a €3.5m seed round for Soplaya, an Italian startup that offers an online marketplace for food producers and restaurants.

Politics
SmartFin Capital leads $25m series-C for MariaDB

SmartFin Capital leads $25m series-C for MariaDB

Finnish database software firm MariaDB Corporation has raised $25m in an additional series-C round led by SmartFin Capital.

Buyout
Caryle’s Rubenstein: US set for long recession post Covid-19, businesses must prepare for “very different” economy

Caryle’s Rubenstein: US set for long recession post Covid-19, businesses must prepare for “very different” economy

Carlyle co-founder David Rubenstein believes the US is set for a long recession in the wake of the Covid-19 pandemic - and that business must be ready for a very different economy when it opens

Angel / Venture
US, Asia-based DCM raises $880m fund pair thanks to stellar past performance

US, Asia-based DCM raises $880m fund pair thanks to stellar past performance

US and Asia-based early stage investor DCM Ventures has closed its biggest family of funds to date by hauling in $880m across a pair of new vehicles. The committed capital includes $780m for DCM IX, its

Angel / Venture
Female entrepreneur-focused Rethink Impact closes $182m Fund II, says Covid-19 has hit diversity efforts in VC

Female entrepreneur-focused Rethink Impact closes $182m Fund II, says Covid-19 has hit diversity efforts in VC

Rethink Impact, one of the largest impact venture firm dedicated to backing female tech entrepreneurs, has hit a $182m final close for its sophomore fundraise.

biotech
Blackstone hits $4.6bn hard cap for biggest-ever PE fund dedicated to life science deals

Blackstone hits $4.6bn hard cap for biggest-ever PE fund dedicated to life science deals

Blackstone has raised $4.6bn for the biggest-ever private equity fund dedicated to life sciences investments, hitting its hard cap for the vehicle.

Angel / Venture
New Nordic life science firm Eir Ventures seals first close for debut fund

New Nordic life science firm Eir Ventures seals first close for debut fund

New Nordic life sciences venture capital investor Eir Ventures has hit a €76m first close for its debut fundraise.

General Partners
Largest buyers of GP-stakes running out of supply as competition heats up

Largest buyers of GP-stakes running out of supply as competition heats up

Three largest buyers of GP-stakes are raising a combined $19bn but the number of potential targets is dwindling

absolute
Satori Capital buys into hedge fund manager Mountain Cove Capital Management

Satori Capital buys into hedge fund manager Mountain Cove Capital Management

Satori Capital, a Texas-based private equity house it says is founded on the principles of "conscious capitalism", has agreed to back investment firm Mountain Cove Capital Management.

beauty
Beauty industry veteran Pamela Baxter named as MidOcean operating partner

Beauty industry veteran Pamela Baxter named as MidOcean operating partner

Private equity and credit investment house MidOcean Partners has brought in veteran beauty industry executive Pamela Baxter as an operating partner and executive board member.

Oil and Energy
Star Energy’s rare project bond attracts investors

Star Energy’s rare project bond attracts investors

Indonesia’s Star Energy Geothermal treated the dollar market to a rare project bond on Tuesday. Although the green trade was Star Energy’s second in recent years, its investment grade rating this time around proved a

Public
Sheng Ye seeks debut offshore RMB loan

Sheng Ye seeks debut offshore RMB loan

Sheng Ye Capital, a Hong Kong-listed financial services provider, has made its debut in the syndicated loan market. It is raising funds in offshore renminbi.

General Partners
Fund terms become more flexible as LPs hand GPs more discretion

Fund terms become more flexible as LPs hand GPs more discretion

The proportion of buyout funds that gave general partners the discretion to extend the life of a vehicle without having to get approval from limited partners has doubled

Software and Hi-Tech
Baidu connects with investors for $950m bond

Baidu connects with investors for $950m bond

Investors in the US shrugged off concerns around tensions between the country and China to support internet giant Baidu’s $950m dual-tranche bond outing this week.

Event
Julius Baer hires UBS managing director to lead new private investments unit

Julius Baer hires UBS managing director to lead new private investments unit

The bank said it will launch a dedicated offering for its ultra-high net worth clients to invest in private equity, private debt and other unlisted assets

Software and Hi-Tech
Thai Exim prices tight dollar market return

Thai Exim prices tight dollar market return

Export-Import Bank of Thailand priced its $350m bond inside fair value on Tuesday, riding on its scarcity value in the international market as well as a reasonably slow week for deal flow in Asia.

Europe
A green troika for Europe

A green troika for Europe

Conditionality has become a central area of contention as the EU shapes its coronavirus recovery plan. The bloc should focus on the environment, not on fiscal responsibility.

Distressed
Bertrand de Mazières, EIB: ‘all of us have to do more in times of crisis’

Bertrand de Mazières, EIB: ‘all of us have to do more in times of crisis’

Bertrand de Mazières is one of the best known and most respected figures in European debt capital markets. As director general of finance at the European Investment Bank (EIB), he oversees one of Europe’s most

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