Bauwert Investment Group has sold the new Peek & Cloppenburg fashion store in Kassel to Warburg – Henderson Kapitalgesellschaft für Immobilien, a Hamburg-based real estate investment company.   The buyer of the new four-storey structure, designed by the Roller architectural firm, is a specialist for cross-European real estate funds. The gross retail space of 7,300 square metres will be solely used by the high-street apparel chain Peek & Cloppenburg. The purchase price of the deal, which was facilitated on the buyer side by Hamburgische Immobilien Handlung (HIH), has not been disclosed.   “The early sale of this project on Königsplatz

Perceva Capital, the French private equity investor active in special situations, has raised EUR150m from over a dozen institutional investors in France, the United States, Europe and Asia. This fundraising will enable Perceva Capital to recapitalise, over the coming years, twelve or so companies that are facing complex operational or financial challenges. “We are delighted to see that our model is attracting new institutional investors," says Jean-Louis Grevet, President of Perceva. "Companies that have reached a turning point need fast and adapted answers. Our high flexibility and tailored solutions offer these companies real benefits.”    

End of year results suggest the private equity deals sector has recovered following the financial crisis, with both the value and volume of deals and exits returning to, or exceeding, pre-crisis levels, according to latest figures released by Preqin. Some 811 PE-backed exits occurred in 2010, with an aggregate exit transaction size of USD203bn. This is almost three times the aggregate exit value seen in 2009, (USD73.6bn), with Q4 exit value at USD71.8bn – the highest quarterly figure on record. The largest deal announced during 2010 was the USD5.3bn public-to-private acquisition of Del Monte Foods Company by Kohlberg Kravis Roberts,

UK student accommodation developer and manager the UNITE Group estimates the net asset value (NAV) of the UNITE UK Student Accommodation Fund to be GBP0.808 per unit as at 31 December 2010.   The figure reflects an increase of 1.1% during the fourth quarter and an uplift of 6.0% in the 12 months to 31 December 2010 (30 September 2010: GBP0.799 per unit, 31 December 2009: GBP0.762 per unit).   In arriving at the value of the fund’s units, its property portfolio – now comprising 21,697 beds in 64 properties across 20 UK markets – was independently valued at GBP1,231

WCI Consulting has been sold to TAKE Solutions, an Indian technology company with products backed by a strong domain expertise in Life Sciences and Supply Chain Management.   WCI Consulting is a leading Patient Safety and Compliance advisor to the Life Sciences industry. WCI founded pvnet and pvconnect, the industry’s primary fora for Patient Safety, which for 10 years have been shaping the industry’s approach to pharmacovigilance. The acquisition of WCI Consulting establishes a presence in Europe for TAKE, a market previously served remotely from TAKE’s established geographies. This is the second business to be sold from WCI Group, in

Resolvyx Pharmaceuticals (Resolvyx) and Celtic Therapeutics Holdings (Celtic Therapeutics), a successor firm to Celtic Pharma, have entered into a final agreement under which Celtic Therapeutics has acquired and licensed worldwide rights related to Resolvyx’s RX-10045, a late-stage program for the treatment of dry eye syndrome and other ophthalmic conditions.   Terms of the deal include upfront consideration, near-term milestone payments, and funding for 100 per cent of future development costs. Resolvyx and Celtic Therapeutics will share proceeds from the future divestiture of RX-10045, including up-front payments, royalties or other revenues.   Under the terms of the agreement, Celtic Therapeutics will

Viola Private Equity has made a growth equity investment of USD7 million in Zend Technologies, a provider of software and services for developing, deploying and managing business-critical PHP applications on-premise and in the cloud.   Viola’s investment adds to the Company’s previous internal round raised from its existing investors, including Greylock Partners, Index Ventures, Azure Capital Partners, Intel Capital, SAP Ventures and others, which was announced in May 2010. All together the financing round amounts to USD16.5 million. Zend achieved record revenue growth in 2010, signing up a high number of enterprise customers, including NYSE Euronext, General Electric and Cisco.