DBAG raises €1bn for new fund

DBAG raises €1bn for new fund

Dbag Fund VIII, which is targeting €1.1bn in total, has already exceeded its predecessor   Deutsche Beteiligungs (Dbag) has launched a new fund with capital commitments of more than €1bn, with the private equity firm co-investing €255m alongside investors. Dbag...
Hellman & Friedman Near Deal for Scout24 Auto Unit

Hellman & Friedman Near Deal for Scout24 Auto Unit

U.S. private equity firm Hellman & Friedman is nearing a deal to acquire the auto-trading unit of German classifieds company Scout24 AG, people familiar with the matter said. The proposed purchase by H&F, which beat out several rival suitors for AutoScout24,...
German retailer Douglas lays foundation for possible IPO

German retailer Douglas lays foundation for possible IPO

German perfume and cosmetics retailer Douglas has set the scene for a possible return to the stock market by growing strongly online, although a decision rests with private equity owners CVC Capital, its chief executive said. “We have brought this company to excellent...
Private Equity Fundraising Will Slow Down Next Year

Private Equity Fundraising Will Slow Down Next Year

The record-setting sums raised by Blackstone and other large private equity firms this year are unlikely to be matched in 2020, according to PitchBook.   Private equity fundraising in North America and Europe hit another all-time high in 2019, driven in part by...