Toby Mitchenall
Toby Mitchenall is the Senior Editor, ESG and Sustainability, at PEI Media. He is responsible for New Private Markets, a dedicated intelligence source on impact investing, sustainability and ESG in private markets, and is based in PEI’s London office. Toby was previously a consultant advising private equity firms on marketing and public relations.
The German venture capital firm has had a tough time raising commitments for its third fund. After two years of marketing it has closed Earlybird IV below its €200m target, but the firm remains upbeat about prospects for European venture capital.
A trio of sovereign wealth funds is in negotiations to take a stake in the UK-based private equity firm, in a move that could value the company at around £1.5bn.
The two banks have committed €500m each to a new AAC Capital Partners fund seeded with 11 warehoused investments.
Duke Street’s IT services company has agreed its second take private, with an agreement to buy shares of AIM-listed Netstore. Private equity buyers have been scanning London’s junior stock market for bargains and found rich vein in the IT sector.
The Central and Eastern Europe-focused private equity fund has agreed to purchase Promedis for €15m, its fourth Polish healthcare provider in a year. The private equity deal is the third agreed in Poland this week.
The second largest securities brokerage in Japan is putting plans in place to launch a private equity fund and expand its real estate business.
The European mid-market firm has turned its attention to Central and Eastern Europe with the secondary buyout of a Polish manufacturer of rail freight buffers from Advent. The region is becoming a private equity hotspot, but IK will be proceeding with care.
The second largest securities brokerage in Japan is putting plans in place to expand its real estate business and launch a private equity fund, according to media reports.
The South African investment banking group has beefed up its private equity coverage with the appointment of Gareth Taylor from Deloitte.
The Moscow-based asset management firm has revealed an equity investment in Lion Capital’s buyout of Russian Alcohol Group. Boris Fedorov, the former Russian minister of finance and co-founder of UFG, will join the board of the Russian vodka giant.