Gimv

Belgian investor GIMV has increased its investment in a clean technology fund run by Emerald Technology Ventures, as it looks to increase its exposure to the cleantech sector.

Peakadilly, a Belgian biotechnology company developing biomolecular diagnostics technologies, has raised €14.5m from venture capital firms including GIMV and Life Science Partners.

Netherlands-headquartered private equity firm Gilde and ABN AMRO Capital have sold their interests in Hebu, a Dutch hydraulic systems company, to Halder, a subsidiary of listed Belgian investor GIMV.

The middle-market buyout subsidiary of listed Belgian investment group GIMV has acquired Geveke Werktuigbouw, Proquip and Geveke Climate Technology for an undisclosed sum.

GIMV’s Halder has sold German PVC window profile manufacturer Gealan to AXA Private Equity for in undisclosed sum.

The listed Belgian private equity firm, having announced a €71m net capital gain for 2003, is upbeat about its prospects.

The Belgian private equity firm has sold two-thirds of its stake in Barco, a Belgian electronics company, for €127m.

The Belgian private equity firm has agreed to commit up to E30m to a German mid-market buyout fund being raised by its subsidiary Halder.

The appointments come as the UK-focused firm seeks to deploy its third fund, which closed at approximately £300m at the end of last year.

The £32.2m investment in the facilities management division of AIM-listed Johnson Service Group is the second deal of Lyceum’s third fund, which closed on £330m at the end of last year.

UK lower mid-market firm Lyceum Capital is about to launch its latest fund with a target of around £275m.

EVCA says the drop in distributions to investors has hit fundraising, but delegates at its annual symposium in Madrid today insisted the industry is not in crisis despite the global credit turmoil.

The alternative investment asset manager for Deutsche Bank is seeking out established infrastructure assets for its maiden European infrastructure fund.

The alternative investment asset manager for Deutsche Bank is seeking out established infrastructure assets for its maiden European infrastructure fund.

The experienced French team has raised their first independent fund as they relish the end of “crazy” prices.

The European venture firm has increased its investment in Xanadu Wireless, a Dutch semiconductor business that is looking to revolutionise the wireless sensor market.