Deals

PE firms are striking cheaper deals than their trade peers despite a 30% increase in capital invested compared with last year, says S&P Global Market Intelligence.

The Spanish firm has fully invested its third fund and is gearing up to raise a new fund.

Amid macro-economic uncertainty, investors have ‘latched onto healthcare’ due to proven resilience to turbulence.

Despite a slow start, Proskauer anticipates a pickup in the number of IPOs this year, the firm found in its latest annual study.

Following the investment in Farggi and Menorquina, BTC II will be more than 75% deployed.

The Frankfurt-listed pharmaceutical company has accepted the pair’s offer of €66 a share.

The investment firm purchased 10.7 million shares of the publicly-traded alternative asset manager.

The new manager is targeting €185m to invest in information and tech-enabled services companies in Europe.

The investment was made from 8 Miles’ first fund, Fund I A, which closed in August 2013 on roughly $200 million, sources confirmed to sister title Agri Investor.

The Canadian pension giant has emerged as the buyer of stakes held in the investment firm’s 2006-vintage secondaries fund.