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SURVEY
Innovate Finance, the industry body representing the FinTech sector in the UK, has warned that the sector is facing a “significant” funding gap as a result of the Covid-19 crisis – with smaller companies coming under growing pressure.
WEBINAR
LP communication can never be underestimated but in light of the market impact caused by Covid-19, GPs can ill afford to risk any communication disconnect. With so much volatility, the way in which GPs are able to effectively report to investors, even if the news is not positive, can go a long way towards distinguishing between the good, the bad and the ugly. Thanks to technology, managers are finding it easier to share information safely and provide valuable insights into the performance of their PE portfolios – and in doing so, reinforce the GP/LP trust-based relationship.
In this webinar, produced in
IMPACT INVESTING
Well-known Irish figures including former Taoiseach Enda Kenny, Guinness family head Lord Iveagh and U2 band members Adam Clayton and The Edge are among a wide-ranging line-up of advisors and investors in a new ‘Impact Ireland’ fund launched by Dublin-based venture private equity investor VentureWave Capital.
VentureWave this week confirmed the successful first close of its new fund, which aims to invest in and build global ‘technology for good’ companies from Ireland. The fund will take strategic stakes in up to 15 ‘high growth potential and scaling Irish companies’, with investments in each company of between EUR1 million and EUR25
NEWS
Italian investment banking and asset management group Mediobanca is launching a new private markets fund aimed at Italian private clients, aiming to offer a diversified strategy that will seek to exploit opportunities arising from the economic and financial dislocations caused by Covid-19.
The new Mediobanca Private Markets Fund III vehicle, the third fund from the investment programme developed by Mediobanca Private Banking in collaboration with Russell Investments, marks an expansion of the Milan-headquartered banking group’s alternative investments offering for private clients in Italy.
Having previously raised over USD250 million with the first two funds, the new strategy – which will
NEWS
Spanish insurance group MAPFRE has taken a significant step forward in its growing commitment to alternative investments with the launch of a private equity fund of funds that is open to co-investments from other institutions.
MAPRE AM, the group’s asset management arm, has teamed up with Abante Asesores – the financial advisory firm in which the insurer acquired a 10 per cent stake in September 2019 – and long-established private markets fund of funds group Altamar Capital Partners for the new launch.
The insurance group is committing equity totalling EUR250 million to the new MAPRE Private Equity FCR fund of funds,
ESG
The rapid acceleration of ESG as a major focus for private equity investors around the world is highlighted by the results of a new survey released this week by corporate and fund solutions provider Intertrust.
NEWS
Nordic lower mid-market growth and buyout group Priveq, which invests in companies within the consumer, healthcare, IT and software sectors, has closed its sixth fund on SEK 2.5 billion.
The fund’s investors include existing and new Nordic, European and North American investors, including public and private pension funds, insurance companies, charitable foundations, endowments, public institutions, family offices and fund-of-funds.
Magnus Hardmeier, executive chairman of Priveq, said the firm had its first investor meeting with regards to the new fund on March 17th, the same week authorities announced Corona restrictions in Sweden.
“We managed to follow our time plan in a
NEWS
UK-based alternative asset manager Bridgepoint has agreed to acquire EQT Credit in a deal that will resulting in a total AuM of close to EUR7 billion for the combined group.
According to Bridgepoint managing partner William Jackson, this transaction – which is scheduled to complete in the fourth quarter of 2020 – moves the firm’s credit strategy “significantly forward”. It also provides further diversification for the Bridgepoint Group.
“This is in line with our strategic objective of offering a broader range of compelling middle market focused alternative asset investment strategies,” said Jackson.
“It will also broaden Bridgepoint Credit’s geographic exposure
FUNDS
Hoxton Ventures has held the final close of its second fund, an early stage European VC fund, which includes seed investments in Babylon Health, Deliveroo and Darktrace.
Existing investors in Hoxton’s first fund have invested in the second fund as well, alongside capital from new British, Swiss and US institutional investors. New LPs include the largest investor in UK venture capital – British Patient Capital.
London-based Hoxton Ventures is one of Europe’s top-performing early stage VC firms; according to a recent evaluation by data sharing platform Dealroom, the firm’s first fund has the highest ratio of unicorns to investments in
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
COMMENT
Companies will diversify their supply chains, says Blackstone’s Schwarzman
COMMENT
Companies will diversify their supply chains, says Blackstone’s Schwarzman