Raising finance in the next year will be harder, say fintech entrepreneurs

Digital Finance Forum's annual survey of fintech founders finds they think the government should do more to support the sector

Nordic Capital beats €5bn Fund X target after launching vehicle in teeth of coronavirus – report

Nordic Capital has shrugged off the potential dangers of launching a flagship fundraise amid the coronavirus pandemic by beating its €5bn target through a first close, it has been reported.

VC performance ‘unscathed’ by Covid-19 in Q1 as industry consolidates exceptional 2019 – eFront

Venture capital performance remained 'unscathed' in the first quarter of 2020 despite the onset of the coronavirus pandemic, as the industry consolidated what had been an exceptional 2019, new research shows.

Initialized Capital seals $230m Fund V close, first raise since co-founder Alex Ohanian’s switch back to part-time

Initialized Capital, the investment firm launched by Reddit co-founder Alexis Ohanian and ex-Y Combinator partner Garry Tan, has hauled in $230m for its fifth seed fund.

Berkshire Partners back with new flagship fundraise, eyes reported $6.5bn

Boston-based buyout house Berkshire Partners is back in the market for what could be its biggest-ever fundraise, with a reported target of $6.5bn.

Mobeus nets 23.4% IRR in UK tech company sale

The British lower mid-market firm has exited Access-IS, which creates hardware to read tickets, take contactless fare payments, and image and authenticate travel and identity documents

Sixth Street hits mammoth $22.5bn for flagship fund after reopening vehicle to investors amid Covid opportunity: WSJ

Former TPG credit arm Sixth Street Partners has reportedly brought in another $10bn for its nine-year-old flagship fund after it re-opened the vehicle amid huge opportunities thrown up by the coronavirus crisis.

General Atlantic invests in Gymshark at £1bn valuation

General Atlantic has invested in fitness brand Gymshark at a £1bn valuation.

Brookfield hauls in $23bn in best-ever fundraising quarter, including $12bn for mammoth private debt fund

Brookfield Asset Management has raised $23bn in its best-ever quarter for fundraising as capital continues to pour in to its huge distressed debt vehicle.

Nordic PE exits hit new low in Q2

The volume of exits by private equity firms across the Nordic countries in Q2 2020 fell to its lowest point in more than a decade, according to Unquote Data.

Debt funds making inroads in DACH amid Covid-19, says GCA

Debt funds financed more than two thirds of LBOs in Germany in H1 2020, according to GCA Altium's Mid Cap Monitor, with the firm expecting M&A and refinancing activity to increase in Q4.

Andera Partners back with second fundraise of Covid-19 crisis, said to eye up to €450m

French investment house Andera Partners is reportedly out targeting up to €450m for its biggest-ever fund, hot on the heels of closing a €500m-plus mezzanine fund in June.

SS&C GlobeOp Hedge Fund Performance Index up 1.82% in July

Opalesque Industry Update - The gross return of the SS C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82%. Hedge fund flows as measured by the SS C GlobeOp Capital Movement Index advanced

TSG Invests in American Technologies

TSG Consumer Partners has made an investment in American Technologies, the nation’s largest family-owned and operated restoration contractor. American Technologies (ATI) was founded in 1989 by CEO Gary Moore and as part of this transaction

Keystone Acquires Newport Distribution

Kendell Doors & Hardware, a portfolio company of Keystone Capital, has acquired Newport Distribution, a Chicago-based supplier of doors and door hardware. The buy of Newport expands Kendell’s reach into the Chicago market and complements

Bob Diamond: Only ‘leanest’ banks will survive pandemic

The executive, who ran Barclays during the global financial crisis, sees a future of stripped-down banks outsourcing non-core business lines — and is wary of them being turned into public utilities

Booming secondaries fundraising market starting to spread its geographic reach – Preqin

Secondaries private equity fund managers have traditionally had a heavy focus on the North America market - but new fundraises are seeing the sector begin to spread its reach, the latest data from Preqin shows.

Venture, tech keep UK market afloat in H1

While buyout and exit volume dropped dramatically in the first half of 2020 in the UK and Ireland, venture investment volume has remained resilient and the technology sector has become an even larger focus for

Algorithm-based venture capital investor Rocketship.vc raises $100m for heftier second fund

Data science-focused venture capital firm Rocketship.vc has raised $100m for its second fund, more than twice the total raised for its debut vehicle.

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