Private Equity Wire Newsletter

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NEWSLETTER | 7 Feb 2020

The beginning of February started off on a dramatic note as the coronavirus death toll exceeded 360, rattling global markets. In response to this, investors were urged to practice “caution”, and Allianz’s China division launched an emergency fund in order to help aid workers on the ground in affected areas.

The rest of the week was dominated by increased fears of the virus spreading within Europe and its effect on the economy. Meanwhile, London-based Stirling Square Capital Partners closed its fourth fund and Lithuania-based INVL AM held a final close of its latest private equity vehicle at EUR165 million, the largest Baltic private equity fund raised so far.

Karin Wasteson
Private Equity Wire

Allianz launches emergency fund in China

Fri | 7 Feb 2020, 12:24

As China sees a surge in new coronavirus cases and the death toll passes 360, Allianz China Insurance and Allianz SE is setting up an emergency response fund to support the country's fight against the epidemic.

Fri | 7 Feb 2020, 12:24

Miami-based private equity firm Black Dragon Capital has agreed to acquire the entirety of Grass Valley, a technology supplier of advanced broadcast and media solutions, from Belden.

Fri | 7 Feb 2020, 12:24

JF Lehman & Company, a New York and Washington DC-based middle-market private equity firm focused exclusively on the aerospace, defence, maritime, government, and environmental sectors, has acquired UK-based firm GMO, as well as Integrated Global Services, within the space of less than a week. 

Fri | 7 Feb 2020, 12:24

Dallas-based private equity firm Align Capital Partners’ utility intelligence platform E Source has acquired Baton Rouge-based UtiliWorks Consulting.

Fri | 7 Feb 2020, 12:24

One of Lithuania’s largest asset management companies, INVL Asset Management, has held a final close of INVL Baltic Sea Growth Fund, the largest private equity investment fund for the Baltic region, at a total of EUR165 million.