KLAR Partners today announced the final closing of its debut fund, KLAR Partners I, at its hard cap of €600 million. The fund is one of the largest European first-time funds raised in the last 10 years and by far the largest raised during the COVID-19 pandemic. The...
Swiss secondary private equity investor Montana Capital Partners has called on Clifford Chance on the successful close of its fifth fund. The fund, mcp Opportunity Secondary Program V, was heavily oversubscribed for eight months and closed with a hard cap of EUR 1.3...
After watching from the sidelines as a boom in the listing of special purpose acquisition companies (SPACs) reshaped U.S. capital markets, Europe is preparing to play catch up next year with around 10 such deals said to already be in the pipeline. SPACs are shell...
Swiss drugmaker Vifor Pharma had a recent takeover approach from at least one private equity firm, but talks were halted due to differences over price, two sources familiar with the situation said. The financial investors behind the initial approach suspended the...
Credit Suisse expects to take a roughly $450 million impairment on alternative investment firm York Capital Management’s retreat from its core hedge funds business, the Swiss bank said. The Wall Street Journal on Monday reported the New York-based firm had informed...