Brightstar beat Fund II target with more than $1bn of new capital to follow milestone 2020

Brightstar Capital has beaten its target for its second fundraise by bringing in more than $1bn of investor capital.

Hedge funds end tumultuous year on a high note; China, technology and activist funds among top performers

Opalesque Industry Update - The global hedge fund business ended 2020 on a high note, with average hedge fund returns for December coming in at +4.00% and bringing full-year 2020 average returns to +11.02%, according

Senior bankers warn Brexit is driving more functions to Europe

About 7,000 City jobs have been lost so far to Brexit. Some warn there may be more pain to come

Carne gets Vitruvian Partners investment as platform hits $2tn in overseen assets

Digital asset management platform Carne has picked up a €100m minority stake investment from Vitruvian Partners.

ICV Partners brings in veteran Goodman to lead global investor relations

Lower mid-market private investment firm ICV Partners has hired alternatives marketing veteran Kristie Goodman for its newly-created role of director of investor relations and strategic partnerships.

Veteran investor Peterson Partners raises first dedicated search fund

Experienced private equity investor Peterson Partners has picked up $48m to close its first fund dedicated to search funds and micro-private equity.

KKR hits $3.9bn hard cap close for Asia Pacific’s biggest regional infrastructure fund

KKR has struck a $3.9bn hard cap final close for the largest pan-regional infrastructure fund to have been raised for the Asia Pacific market.

Inflexion exits Bollington Wilson to trade

Inflexion has sold its stake in UK-based insurance broker Bollington Wilson to listed US-headquartered Arthur J Gallagher.

Stafford Capital hits second close for €750m-targeting fourth infra secondaries fund

Stafford Capital Partners has hit a second close for its fourth infrastructure secondaries fundraise, putting it about halfway to its €750m target.

Nordic Capital rewards IR head Norberg with partner promotion after stellar €6.1bn Fund X raise

Nordic Capital has promoted investor relations head Pär Norberg to partner after his instrumental role in the virtual fundraising of its €6.1bn Nordic Capital Fund X.

VC-backed Checkout.com becomes Europe’s most valuable fintech

The London-based startup has secured a post-money valuation of $15bn after a fresh $450m injection

Volpi Capital soars to €323m final close for sophomore European tech investment fund

Mid-market European tech investment house Volpi Capital has soared past its target for its sophomore fundraise to reach a €323m final close.

SilverTree buys digital transformation specialist Orbus amid rising demand through Covid-19

Software and tech-focused buyout house SilverTree Equity has bought business digital transformation specialist Orbus Software.

Move over Klarna, Checkout.com just became Europe’s most valuable FinTech at $15bn

Payments solutions provider Checkout.com has closed a $450m Series C funding round at a $15bn valuation, making it Europe’s most valuable venture-backed FinTech.

LSP eyes up to €150m for new fund to battle rising global dementia cases

European life science investor LSP has launched a dedicated fund targeting the fight against neurodegenerative diseases. The LSP Dementia Fund will be managed by Professor Philip Scheltens, a world-renowned dementia scientist and thought leader, the firm

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