PGIM Real Estate has raised €1.8bn for PGIM Real Estate Capital VII (PRECap VII), its seventh European debt fund. PGIM raised more than £1bn for the predecessor fund in April 2017. The manager said PRECap VII targets high yield real estate debt opportunities in core...
Qonto, a European business finance solution, announced that it has raised €486m in PE-backed funding, bringing Qonto’s valuation to €4.4 billion. With this fundraising – one of the largest ever in French history – Qonto sets a new record valuation...
Border to Coast Pensions Partnership, one of the UK’s largest public sector pension pools, has added a further £1.2bn to its private market investments. The move is part of a £2.7bn private markets programme announced in summer of 2021 and have been deployed across a...
Back Market closed an investment round of $510m, following a $335m Series D round in May 2021, bringing total investment to more than $1bn since the company was founded in 2014. The round, which values Back Market at $5.7bn, was led by new investor, Sprints Capital,...
Two of the world’s biggest buyout firms have joined forces to pursue a multibillion pound takeover of Boots, Britain’s largest high street chain of chemists. Sky News has learnt that Bain Capital and CVC Capital Partners are assembling a joint bid for the... 