Analysis
Unquote Private Equity Podcast: PE perspectives from Berlin
Unquote’s Min Ho and Rachel Lewis digest the key takeaways from this year’s SupeReturn
EU Foreign Subsidies rules hold specific challenges for PE
Sovereign wealth funds and pension funds commitments may trigger EC attention under new EU foreign subsidies regulation
HSBC expects dealflow uptick and higher returns with second direct lending vintage
Second vintage expects to build on USD 580m in current commitments, with first deal expected in July
GP Profile: Bregal Milestone explores generative AI opportunities for portfolio companies
Plans seven further deals from recently closed EUR 770m fund
Women in VC: Lima Ventures’ Argun on exit plans and gender-equal investing
Turkish VC firm manages three funds, including Alima, which helps its portfolio companies attract global investment
From slash-and-burn to grow-and-earn: private equity changes tack
Rising cost of capital means value-creation will be vital for next decade of private equity, SuperReturn participants said
GP Profile: Limerston Capital anticipates higher volume but more complex M&A as market steadies
UK-based GP is seeing dealflow driven by carve-outs and buy-and-build in a market where organic multiple arbitrage is no longer a given
Unquote Private Equity Podcast: In conversation with... Fabio Ranghino, Ambienta
In an interview with Unquote, Ranghino discusses topics including ESG and the next phase of Ambienta’s growth
LP Profile: Lennertz & Co gears up for new tech impact venture fund-of-funds
German family office’s new strategy is set to launch this year with a EUR 50m-EUR 100m target
Women in PE: Innova Capital's Pasecka on consolidation and succession opportunities amid macro challenges
Magdalena Pasecka discusses the Polish GP’s fundraising and deployment plans, as well as advice for emerging leaders in the industry
European VCs need to match actions to words by increasing funding to female-led companies
Women-led startups usually receive less than 2% of VC capital, but more diverse, defensible female-founded businesses emerging
GP Profile: Investindustrial eyes near-shoring opportunities as third growth fund closes
GP closed its latest fund within a 12-month period on the road with strong support from European LPs
Unquote Private Equity Podcast: Taking the plunge - GPs dive into alternative pools of capital
The Unquote team is joined by Thomas Eskebæk, CEO of private markets platform Titanbay, to discuss private markets’ search for alternative sources of commitments
Women hold 12% of senior investment roles in UK-based PE and VC firms − survey
BVCA and Level 20 report shows more progress in junior and mid-level cohort versus senior, and no black women in senior roles
GP Profile: Ardian Expansion doubles down on generalist approach, eyes EUR 3bn Q2 fundraise launch
With its current EUR 1.5bn fifth fund almost at full deployment, Ardian’s Expansion strategy expects to benefit from LP appetite for its strategy ahead of EUR 3bn fundraise
VC Profile: Klima lines up green energy deals from EUR 210m debut fund
Franco-Spanish Alantra and Enagás-backed VC initiative expects to lay the foundations for its second fund in 2024
Women in VC: MMV’s Brunet on tech opportunities and navigating volatile markets
Alix Brunet speaks to Unquote about the VC firm’s deal pipeline and how it is engaging with portfolio companies and new founders
VC Profile: HTGF optimistic on seed stage opportunities as exit environment toughens
German seed investor secured almost EUR 500m for its fourth and biggest fund to date at a time when VC funding is slowing down
Slice of pie: New entrants gobble up GP stakes in Europe
Armen, Hunter Point Capital, GP House and Axa IM rustle up new minority investments, as Inflexion and Coller sell
GP Profile: Opera Investment Partners doubles fund size with EUR 200m target for next vehicle
Fund I ‘almost fully committed’ with one exit completed and two-three more realisations expected in the next 18 months
Women in PE: Foresight’s Alvarez on SME deployment plans, regional expansion drive
Partner Claire Alvarez speaks to Unquote about opportunities in the current market and the UK-based sponsor’s diversity ambitions
Podcast: Q1 2023 - Bank runs, fund home runs and markets come undone
Unquote’s reporting team discuss themes that have arisen in Q1 2023, ranging from liquidity management to venture and growth activity
VC fundraising sinks further with lowest Q1 in a decade
Eight European firms secured just over EUR 2bn in commitments in Q1 2023 as continuing uncertainty suppresses LPs’ risk appetite, but fundraising pipeline looks promising
Spending bottom dollar: Valuation gaps take Q1 buyout levels back to 2009
Sponsors make just 95 buyouts in Europe in the first quarter - a figure not seen since Sony sold 12m floppy discs in one year