Latest numbers show a drop in fundraising and early stage in particular, but improved returns, increased investment and this week’s mega fund suggest a brighter future for the continent.
Evolvence Capital has committed to six funds in the first tranche of investments for its alternative assets, regional fund of funds.
Former Hicks Muse principal and New Jersey pension investment pro Cesar Baez has raised $400m from the California pension to establish an ‘emerging manager’ fund.
GBS Finanzas, a Madrid-based investment bank that has sourced a number of deals for Spanish private equity firms, is planning a fund of its own.
The Australian banking group has signalled an €1.1bn unsolicited offer for Techem, a German utility data services provider, whose board has said it will wait to examine the proposal before judging it hostile
San Francisco-based placement agent Probitas Partners, fresh from fundraising for the debut vehicles for KSL and Benson Elliot, is beefing up its real estate team.
Argan Capital is the new name for BA Capital Partners Europe and it has a fresh chest of capital to deploy across the continent in mid-market deals.
Rabobank backs its Benelux buyout team, , which has raised third-party cash for the first time, with a cornerstone investment.
The Hicks Muse spin-out is set to double its firepower compared to its debut fund, which is almost fully committed just 16 months after closing.
Carlyle is expected to set a target of approximately $15bn for its next US buyout fund once its predecessor is 70 percent invested, likely to occur once recent deals totalling $41bn complete.