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Category: Software and Hi-Tech

Advent races past target for second tech fund to reach $4bn final close

Global buyout major Advent International has surged to a $4bn final close for its second dedicated tech fundraise, soaring past its initial target. The post Advent races past target for second tech fund to reach

VCs support USD 475m first close of Monzo's latest round

New and existing investors have backed a USD 475m first close for the latest funding round of UK-based digital bank Monzo, valuing the company at USD 4.5bn; the company is expected to raise more than

EQT leads series E round for €4.9bn Mambu, largest financing round to date for banking software platform

Global buyout major EQT led a series E funding round in SaaS banking platform Mambu, boosting its valuation to €4.9bn which makes it one of the highest-valued B2B SaaS companies founded in Europe. The post

XSML doubles AUM with Fund III close

Amsterdam-based emerging markets investor XSML has doubled its assets under management to $154m through a final close of its African Rivers Fund III. The post XSML doubles AUM with Fund III close first appeared on AltAssets

Another $350m of PennSERS alts commitments sees firm back PE, credit and RE funds

US pension giant PennSERS has made $350m of new commitments across private equity, credit and real estate. The post Another $350m of PennSERS alts commitments sees firm back PE, credit and RE funds first appeared on

Eir Ventures picks up over €122m of investing power focused on Nordic life science sector

Nordic life science-focused venture capital house Eir Ventures has hit a €122.3m final close for its debut fundraise. The post Eir Ventures picks up over €122m of investing power focused on Nordic life science sector

Actis sells Nigerian mattress maker Mouka for the second time, deal worth about $70m

Emerging markets investor Actis has scored an exit of Nigerian mattress and bedding product maker Mouka to Moroccan trade buyer Dolidol in a deal worth about $70m. Actis originally invested in Mouka way back in 2007, before

Beechbrook brings in £120m for first close of third UK SME credit fund

Specialist direct lender Beechbrook Capital has hit a £120m first close for its third UK SME-focused fundraise. The post Beechbrook brings in £120m for first close of third UK SME credit fund first appeared on

PE firms study rivals' IPOs as they consider options

Private equity firms across Europe are looking closely at a recent slew of peer listings such as Bridgepoint and Petershill as they mull options for their own businesses.

Sun Capital brings in experenced exec pair to bolster investor relations, ESG

Sun Capital Partners has brought in an investor relations veteran and a vice president of ESG in the wake of a triple partner promotion in September. The post Sun Capital brings in experenced exec pair

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