GP Profile: MidEuropa’s ambitions for its 25th year
As the firm reaches a quarter century, managing partner Robert Knorr speaks to Real Deals on his ambitions for the year, and thoughts on strategy expansion and opportunities
Latest News
Why private equity needn’t see impact investment as binary
Clearwater's Jo Daley on why impact should be viewed not as a binary investment strategy, but a chance to identify and amplify impact-led growth
Ufenau acquires German engineer IPP
The Swiss investor backed the business through its Ufenau Fund VII
Ardian enters into exclusive negotiations for HR Path financing round
The GP first invested in the French human resources business in 2015
TDR and I Squared succeed in bid for Spanish certification firm Applus Services
The successful bidding entity, Amber Equity Company, will now enter an acceptance period for the business
Agathos backs UK surveyor Plowman Craven
Investment is the fourth from the PE firm’s Fund II
Institutional LPs reducing exposure to PE in the near term: State Street
New strategies are needed by private market sponsors to overcome macro challenges, institutional investors told State Street for its third annual private markets survey
Insights
Midmarket stars in modest first quarter – Real Deals Data Hub
The market headwinds that led to a somewhat lacklustre end to 2023 appear to remain firmly in control into the new year, though activity in the midmarket saw a welcome boost in the period. Julian Longhurst reports
Staying competitive
MUFG’s David Rochford explains why Ireland is taking a greater role as an operational centre in the alternatives industry
Europe’s refinancing wave
GPs struggled to refinance portco debt in last year’s choppy markets. But with interest rates expected to come down, fortunes could be improving, as Xhulio Ismalaj reports
Debt set: part one – Bomb squad
Taku Dzimwasha investigates if private credit can sustain its allure amid rising concerns
Hidden gems
Dunport Capital’s Ross Morrow examines the lower midmarket – an overlooked and underappreciated segment of the private credit market
Vulture: Getting your priorities right, and when internal emails go external…
The Old Bird is back with a couple more juicy morsels
Deals
Ufenau acquires German engineer IPP
The Swiss investor backed the business through its Ufenau Fund VII
Ardian enters into exclusive negotiations for HR Path financing round
The GP first invested in the French human resources business in 2015
TDR and I Squared succeed in bid for Spanish certification firm Applus Services
The successful bidding entity, Amber Equity Company, will now enter an acceptance period for the business
Agathos backs UK surveyor Plowman Craven
Investment is the fourth from the PE firm’s Fund II
BC Partners-backed Valtech completes take-private of Kin + Carta
The acquisition of the digital services firm follows unsuccessful bids from Apax Partners last year
Endless buys metal recycler Enablelink
The deal is the fifth platform investment from Endless Fund V
Funds
IK Partners raises maiden continuation fund
The vehicle will allow the firm to extend its hold of Yellow Hive
British Patient Capital commits $50.8m to Evolution Technology Fund III
Evolution Equity Partners has raised $1.1bn for its latest vehicle
Exclusive: Apiary Capital closes oversubscribed fund
Managing partner Mark Salter reveals the factors that helped the firm win LP commitments and his advice on fundraising
Fund in Focus: INVL’s Baltic vehicle with wider ambitions
Fund "will be the top choice for local and foreign investors who understand our region" says INVL's Deimante Korsakaite
Seraphim Space’s sophomore venture fund holds first close
The new fund is aiming to build a portfolio of approximately 30 companies
Greenpeak Partners closes inaugural continuation fund on €350m
The vehicle was led by HarbourVest Partners