France Takes Trip To U.S. To Drum Up Money For VC
France wants to convince U.S. private-equity firms to set up growth funds in Europe, as money at home isn’t enough to feed expanding startups that are seeking bigger tickets.
LaSalle Buys In Prague For Korea's National Pension Service
<p>LaSalle Investment Management has bought a Czech Republic office property for a single investor, understood to be the National Pension Service (NPS) of Korea.</p>
<p>The investment manager said it bought the River Garden I building in Prague for a discretionary co-investment mandate to invest €300m in value-add investments in Europe.</p>
<p><a href="http://hub.ipe.com/lasalle-investment-management-real-estate-homepage/415589.supplier" rel="intextlink_0">LaSalle</a> did not disclose the client of the LaVA mandate, but NPS is named in a document filed at Companies House.</p>
<p>The mandate is focused on the UK, France and “rest of Europe” markets like the Czech Republic. It can invest across sectors, excluding hotels.</p>
Carlyle Group Buys French Logistics Portfolio From Prologis
The New York-based private equity group said it is looking to grow its presence in France and other western European logistics markets, targeting locations with attractive supply-demand fundamentals.
Are Solar, Wind Asset Management Converging?
Increasingly, investors who manage solar assets are taking on wind assets. The level of overlap between the two sectors varies by market. According to GTM Research and SoliChamba's new report on solar asset management, there are numerous countries where top PV investors are also investing in wind. They include Canada with 85 percent, France with 80 percent and India 76 percent. Remarkably, all markets exceed 50 percent, except Chile.
AnaCap Financial Partners Acquires French Business Intelligence Company
<p>AnaCap Financial Partners, the specialist European financial services private equity firm, has acquired Ellisphere. Ellisphere, ahistoric market leader in the business intelligence market in France, provides a comprehensive range of business and marketing information services, which allow its clients to develop their portfolio of customers, manage risk and monitor client exposure.</p>
Savills IM Offloads Portfolio Of SEB Assets For €579M
Savills Investment Management has sold a large portfolio of real estate assets it inherited from its 2015 takeover of SEB Asset Management.
Germany's Merkel Encourages Spain, Portugal To Invest In Solar
German Chancellor Angela Merkel encouraged Spain and Portugal to invest more in solar energy and said they need a better link to France amid a push for a unified European power grid.
Paris-Based Committed Advisors Closes Third Secondary Fund At €1B
Paris-based Committed Advisors, a private equity investment manager, has raised its third secondary fund at a hard cap of 1 billion euros, beating its original target of 750 million euros. The fund’s limited partners include pension plans, financial institutions, family offices and high net-worth individuals across Europe, North America and the Asia-Pacific region.
Coceral Lifts Bar On EU Wheat Prospects, Citing High Hopes For France
The industry group top forecasts for the EU soft wheat harvest this year. But it is more cautious on barley, rapeseed production prospects
Apax Partners MidMarket Collects 1B Euros For Fund
Apax Partners MidMarket has raised 1 billion euros for Apax France IX. The fund’s limited partners include pension funds, fund of funds, insurers and family offices. Apax France IX focuses on French and European small to medium sized companies valued at up to 500 million euros that are in the TMT, retail and consumer goods and healthcare and services sectors. Rede Partners advised Apax Partners MidMarket on the fund while Wilkie Farr & Gallagher LLP and Moses & Singer LLP provided legal advice.