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Category: Software and Hi-Tech

Wellington amasses up to $2.2bn for late-stage deals

The asset manager has closed its third late-stage growth fund with $1.8bn and may have another $400m available for co-investing in deals

Management fee discounts fall from favour, study finds

Law firm MJ Hudson reported that only 12% of funds have been providing limited partners with better terms, down from last year's 18% average

Life sciences investor Forbion raises €460m in two months

The European VC has had its fastest and largest fundraising so far

Piper invests £7m in The Thinking Traveller

Piper Private Equity has invested £7m in villa rentals company The Thinking Traveller.

New buyout house Crossplane Capital soars past debut fundraise goal to reach $275m hard cap

Dallas-based buyout house Crossplane Capital has hit its $275m hard cap for the final close of its debut fundraise.

Forbion V closes on €460m hard-cap

Forbion V has closed on its hard-cap of €460m, exceeding its €375m target.

Carlyle acquires IC Consult Group

Carlyle has acquired a majority stake in IT identity and access management (IAM) service provider IC Consult Group.

Nazca Capital buys Laboratorios Almond

Nazca Capital has acquired a majority stake in Laboratorios Almond, a producer of organic food.

Sova VC makes first investment from debut fund

Sova VC has made its first investment from its first debut fund.

Castik sells Acrotec to Carlyle

Castik Capital has sold its majority stake in Switzerland-based precision components producer Acrotec to Carlyle.

Investindustrial to take control of Guala

Investindustrial has increased its stake in Milan-listed bottle sealing company Guala Closures to 48.9%.

PE, LP giants among signatories to new scheme promoting diversity and inclusion within industry

More than 40 LPs and GPs have signed up to a new initiative from the Institutional Limited Partners Association aimed at advancing diversity and inclusion across the private equity industry.

ArchiMed's Bomi bolts on Florence Shipping

Italian logistics specialist Bomi, a portfolio company of healthcare-focused GP ArchiMed, has acquired Florence Shipping.

Rundit raises €1m in seed funding

Finnish startup Rundit has raised €1m in a seed funding round co-led by angel investors Pierre Weimerskirch and the Luxembourg Private Equity Association.

Vegan, organic food and drink pioneer Laboratorios Almond gets Nazca Capital investment

Spanish private equity player Nazca Capital has tapped its €275m fourth fund to buy a majority stake in vegan and organic food supplier Laboratorios Almond.

Investcorp sells Avira, nets 200% IRR

Investcorp has sold cybersecurity software company Avira to US-based NortonLifeLock for $360m, just eight months after the GP acquired the company for $180m in a primary buyout.

Hedge fund industry performance surges on election results, vaccine optimism

Opalesque Industry Update - The HFRI 500 Index surged to its second-strongest monthly gain on record in November, driven by a combination of the U.S. election results and optimism regarding development, approval and availability of

Hedge funds managers record moderate returns as global equity market rallies

Opalesque Industry Update - The Eurekahedge Hedge Fund Index was up 4.50% in November 2020, supported by the strong performance of the global equity market as represented by the MSCI ACWI (Local) which gained 11.63%

GP Profile: PAI to step up DACH deal-making

PAI Partners plans set to step up its deal-making in the DACH region, starting with its recently announced acquisition of real estate and facilities service provider Apleona from EQT. Ralph Heuwing, partner and head of

Insight Partners, Farview Equity buy into Livingbridge-backed email signature management business Exclaimer

UK private equity house Livingbridge has agreed to sell a majority stake in email signature management business Exclaimer to Insight Partners and Farview Equity Partners.

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