Investcorp records $165m loss as it feels Covid-19 pain
The firm blamed a number of assets operating in “secularly challenged industries”, such as retail, for the negative performance
The firm blamed a number of assets operating in “secularly challenged industries”, such as retail, for the negative performance
It’s a rare move for an investment bank, which typically set diversity targets at the entry level
Victor Christou joins as head of growth, responsible for seeking new investment opportunities in high-growth technology ventures
The firm will have roughly 75% of the provider of digital family history services
Genesis Capital has acquired a majority stake in Czech Republic-based digital advertising business B2B2.
Opalesque Industry Update - Private Equity investment commitments from public pensions tracked by eVestment more than tripled from May to June this year, ending a three-month drop off in commitments that began in March as
Dutch private equity house Avedon Capital Partners has picked up at least €500m for its latest buyout fundraise, well above the total raised for its predecessor vehicle.
Finnish investment firm CapMan has announced its second growth fund, CapMan Growth Fund II, held a first close on €74m in July and is targeting €85m.
ECI Partners portfolio company Arkessa has acquired connectivity business Sim Services.
Spanish private equity firm Axon Partners has launched a new vehicle with a €150m target, Fondo Axon Innovation Growth IV (AIG4).
Deutsche Beteiligungs AG (DBAG) has published its latest quarterly results, reporting a €46.1m increase in portfolio NAV in the three months to 30 June 2020, compared with the previous quarter.
Finnish private equity firm CapMan will disband its fund advisory and wealth management arms in a bid to reorganise its service business.
Versant Ventures has invested $30m in Switzerland-based Matterhorn Biosciences to launch the company and assist with the development of its T-cell therapy technology for cancer treatment.
French group AD Education, a company backed by Cathay Capital and BPI France, has wholly acquired Spanish school Escuela Superior de Imagen Sonido y Tecnología (Ces), Unquote understands.
Heal Capital and the European Bank for Reconstruction and Development (EBRD) have led a $10.25m series-A funding round for Infermedica, a Poland-based digital health company specialising in AI-powered solutions for preliminary diagnosis and patient triage.
Private debt fundraising is on pace for its slowest year in half a decade - but will a surge of newly-launched opportunistic vehicles hoping to profit from the coronavirus crisis turn those numbers around?
Aberdeen Standard Investments has hired Chris Robinson to its European private equity team.
PME Investimentos has invested in a €4m series-A round for Portuguese company PicAdvanced, a manufacturer of optical transceivers.
Versant Ventures and RA Capital Management have led a €66m series-A funding round for T-knife, an adoptive T-cell therapy developer based in Germany.
Canadian private equity house Novacap has bought a stake in motorbike, ATV and snowmobile online gear, parts and accessories seller platform FortNine.
