Amsterdam-based Committed Capital has raised EUR55 million in two months for its third investment vehicle from entrepreneurs, family offices and institutional investors, both in and beyond the Netherlands.
Benson Oak Capital's private equity arm and co-investors have sold 100 per cent of their stake in Klikpojisteni.cz (Klik) to a company majority owned by TA Associates, a global growth private equity firm, and minority owned by MCI EuroVentures, a technology investment fund.
Eos Venture Partners (Eos) has closed its Strategic InsurTech Fund, which invests in global InsurTech companies.
Deal flow will remain depressed until the UK lockdown eases, according to the UK & Ireland Private Capital Breakdown, which covers Covid-19’s impact on the private equity industry.
SS&C Advent: Best Portfolio Management Software Provider – As more institutional investors look to invest in private equity, transparency and timeliness of information from general partners (GPs) becomes more crucial. Consequently, GPs need to deliver an improved online experience for investors.
Bower Talent: Best Operations & Finance Recruitment Company – The private equity industry values the important role support and operations staff play in a business. And although the COVID-19 crisis is throwing everyone off balance, it has brought two major trends into the foreground – digital and flexible working.
Jensen Partners: Best Investor Relations & Asset Raising Recruitment Company – The increased interest in ESG and impact investing is creating diverse hiring and marketing needs among general partners. As this trend continues to gain traction, it creates opportunity and challenges for the professionals building investment teams and those looking to market this new crop of strategies.
Citco: Best Fund Administrator >USD30 billion – The value of data and digitisation are coming to the fore within the private equity industry. Finding operational efficiency is high on managers’ agendas and making full use of the valuable data they have is key to further development in the space.
DFIN: Best Risk Management Software Provider – Technology is having a strong influence on the way deals are executed the private equity space. Developments in software as a service (SaaS) are also having an impact on the effective efficiencies around deal execution. Known for creating efficiencies and streamlining processes in many industries, technology is supporting PE firms to create a competitive advantage in what is often a crowded market.
CEPRES: Best Data Management Solutions Provider – The private equity industry is expected to undergo significant changes across its investment processes. This is due to occur both in response to the current crisis and also bearing in mind the broader fundamental shift in capital and returns and systematic risk prior to this global calamity.