With private equity set to further blossom over the next decade and continue its AUM expansion, it will become incumbent upon industry leaders to explore new ways to deliver growth in their firms’ portfolios.
BlackRock Long Term Private Capital will become the new majority shareholder in Creed, the Paris-based multi-century old luxury fragrance company.
Paris-based Apax Partners has added to its team with two new appointments. Joséphine Loréal will work in investor relations, while Raphaël Bazin has been appointed as director at Apax Partners Development, the investment team dedicated to Apax Partners’ investments in companies with a value of EUR10-100 million.
The not-so-distant future in terms of climate risk means that transparency when it comes to ESG investing is increasingly on the minds of LPs.
Praetura Ventures has closed its second EIS fund at GBP7million, bringing the total raised by the firm to GBP22 million in less than 12 months.
Buxeros Capital, a recently established public-private investment fund focused on Dutch companies in emerging economies and developing countries, has made its first investments.
High-Tech-Gründerfonds has invested in Munich startup Tangany, together with angel investors.
Legend Capital, a venture capital and growth investment firm in China, has closed the transfer of portfolio companies from LC Fund IV, a 2008 fund, into a USD200 million continuation vehicle.