The European Investment Bank (EIB) group and the governments of five EU countries have announced a new €3.75bn fund of funds to invest in VCs that back European scaleups. The new fund will be managed by the European Investment Fund (part of EIB group) and has been...
Italian bike manufacturer Pinarello has been valued at €250m, with former owner Fausto Pinarello considering buying back control of the company he sold seven years ago. US-based private equity firm L Catterton acquired the bike brand in 2016, with Pinarello remaining...
Speculation is mounting that Plymouth-based luxury boat-builder Princess Yachts is about to be sold to a US private equity business. The company has told PlymouthLive that it is unable to comment at this point but it is understood a deal could be struck this week. In...
I Squared Capital’s latest global infrastructure fund has invested over $500m to create an edge data centre platform in Europe. I Squared, via the ISQ Global Infrastructure Fund III fund, has committed over half a billion dollars of equity to establish NLighten, a...
Brookfield Asset Management’s reinsurance unit agreed to take insurer Argo Group International private in a $1.1bn deal, as the Canadian firm looks to expand its footprint in the U.S. property and casualty insurance market. The unit, Brookfield Reinsurance, ,...
