Toby Lewis
The firm’s fundraising for its second venture debt fund has closed with commitments from all of its debut fund’s investors.
The merger of DFJ-backed Imagine with Irish Broadband has taken the revenues of the combined group to more than €100 million, a more than tenfold increase since the venture firm invested two years ago.
The sector continues to be a strong area of investment for private equity firms, driving 25 percent of deal volume in April this year - despite a contraction of investment in most other industries.
The Boston-based firm has raised €1bn for growth capital investments in Europe and $825m for a global subordinated debt fund.
Deal volume in Europe’s first quarter was down even in sectors which don’t depend on leverage, as the number of private equity deals fell to its lowest quarterly total since 2004, according to Candover.
The Nordic specialist energy private equity firm has bought a start-up oil and gas exploration and development company sealing another investment in the frenetic sector.
The global buyout firm has exited the Swiss fashion retailer it took to double digit sales and profit growth during the last three years, after buying it when it was loss-making.
Kemal Kaya, a leading figure in the Turkish banking world, has joined Blackstone, as buyout firms descend on the region.
The global firm has closed the second largest fund in the Central and Eastern European region swiftly on the back of raising its €6.6bn global fund.
3i has provided growth capital to help Unión Radio, the Latin American and Spanish radio operator, on its path to an initial public offering.