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 Investor services group IQ-EQ has appointed Sukanya Lal as a Business Director in its Singapore team, with a primary focus on developing the group’s network and business opportunities in India.With almost 19 years’ experience in the finance industry, Lal has developed a successful career in business development and sales spanning multiple financial service sectors, including fund services, custody services, asset management and insurance. Before joining IQ-EQ in Singapore, Lal had held a series of senior business development roles spanning Mumbai and Delhi. Most recently, she was Associate Director of Business Development, Marketing and Sales for a leading global provider of
Bondstone, a Portuguese private equity real estate investment and asset management firm, has hired António Dias as its chief financial officer. Dias brings more than a decade of experience in corporate finance, M&A and private equity as well as programmatic portfolio management and will support Bondstone’s ambitious investment plans.   Dias joins Bondstone, which launched in February, from MarginKey, a Portugal-based consulting firm focused on small and medium-sized enterprises, in which he was founding partner and CEO. He is passionate about entrepreneurship and the private equity industry, having previously served at a leading Portuguese private equity firm, Oxy Capital. Dias obtained a degree in law from
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German family-equity company Haniel has become a regional cornerstone investor of Gilde Investment Management’s Gilde Healthcare V fund. The growth capital fund focuses on healthcare sectors including digital health, medtech and therapeutics, both in Europe and North America.  The fund will have a special focus on private healthcare companies enabling improved care at affordable cost, according to Haniel. Treatment and diagnosis of infectious diseases like Covid-19 forms part of its strategy. Gilde Healthcare V raised EUR416 million and is supported by a mix of international investors. The fund will typically make equity investments in a portfolio company of between EUR10
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Seafort Advisors has invested in Deskcenter AG, the parent company of Deskcenter UK, becoming the company’s new majority shareholder as a result.
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As an asset class with a buy-to-sell cycle that typically lasts around five to seven years, you would be forgiven for thinking that private equity could weather the storm of Covid-19 more smoothly than other, more inherently volatile asset classes, can. That’s partly true.
Gemspring Capital, a lower middle-market private equity firm, has closed its second fund, Gemspring Capital Fund II (Fund II), with USD750 million of capital commitments.Gemspring secured commitments for Fund II from a globally diversified investor base comprised of leading endowments, foundations, family offices, consultants, insurance companies, pension plans and funds of funds. Each of Gemspring’s institutional investors from its first fund, which closed in 2016, committed to Fund II. Acalyx Advisors Inc. served as exclusive placement advisor and Kirkland & Ellis LLP served as legal counsel.  
Seven Seas Water, a specialist in Water-as-a-Service (WaaS) solutions, has been acquired by funds managed by Morgan Stanley Infrastructure Partners (MSIP). 
Unigrains, an agri-food and agro-industry specialised investor, has appointed Sébastien Essioux as Deputy CEO.Jean-François Laurain, CEO of Unigrains, says: “I am delighted to welcome Sébastien Essioux to our Group and our Executive Committee. His vast experience in strategy consulting and in the operational management of companies operating across the agri-food value chain, will allow him to quickly grasp the challenges of our essential role: to support the development of our partner companies as best as possible and strengthen the links between all stakeholders, from farmers to consumers.”   Essioux has more than 30 years of experience in strategy and organisation
O’Melveny represented WeWork in the sale of its subsidiary, Meetup, one of the world’s first social media platforms and the only one dedicated to groups that meet in-person or online during times of crisis.Meetup is being acquired by a consortium of investors led by Kevin Ryan’s AlleyCorp and includes mission-driven private funds and accomplished technology executives. The company will continue to service its growing 49 million members and over 230,000 organisers, who collectively produce an average of 15,000 in-person events daily. The Silicon Valley-based O’Melveny deal team was led by counsel Melissa Wright and Emerging Technologies Group chair David Makarechian.
Global fund administration, trust and corporate services provider Vistra has expanded its private equity capabilities with the addition of four new executive leaders. The new team members bolster Vistra’s already impressive expertise and set of services for private equity firms and their portfolio companies. Vistra is a specialist in fund formation and administration, with over USD300 billion of alternative assets under administration. It counts over 10 of the top 15 private equity managers among its clients. Scott Kraemer, Vistra’s Managing Director of Alternative Investments in North America, says he is delighted to be in a position to add executive leadership during

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