Articles by Alice Murray
Palatine hires two
Andy Strickland, Palatine Private Equity
Providence picks up Exponent’s Ambassador
Providence Equity Partners has emerged as the successful bidder for Exponent Private Equity’s Ambassador Theatre Group (ATG).
Investors call for improved communication from GPs
LP/GP relations
Tech entrepreneurs launch new fund Clarent
Lumi Mobile co-founders Mark Beilby and Gavin Poolman have launched media- and technology-focused fund Clarent Capital PE Fund 1, aiming to raise £102m over the coming months. Alice Murray speaks to Poolman to find out why the European technology sector...
AlpInvest raises $4.2bn for secondaries
AlpInvest Partners, the fund-of-funds manager owned by Carlyle, has raised $4.2bn for its secondaries programme with $750m going towards its AlpInvest Secondaries Fund V vehicle.
Goldman’s Hastings in £416.5m refinancing
Hastings Insurance Group, which recently secured investment from Goldman Sachs, has placed a £416.5m senior secured bond on the Irish Stock Exchange.
Astorg and Abenex initiate Onduline sale
Astorg Partners and Abenex Capital are speaking with investment banks as they prepare to offload roofing materials company Onduline.
Video: Asante’s Hibbert discusses first-time fundraising
Video: Asante’s Hibbert
Albion invests in Cisiv
Albion Ventures has invested in healthcare software-as-a-service business Cisiv.
unquote” Regional Mid-market Barometer
UK mid-market
Piper hires 3i’s Stern
Dan Stern, Piper
Exponent’s Ambassador attracts private equity suitors
Exponent Private Equity-backed Ambassador Theatre Group is reportedly on the block and has attracted high-profile suitors including BC Partners, Blackstone and Carlyle.
Private equity eager to cash in on real estate bubble
The much-debated property bubble has economists worrying over soaring inflation rates. However, for the buyout community, a rush of first-time buyers and a flood of foreign money has those supporting the property industry licking their lips in anticipation....
Palatine pays £16m for LDC’s Forrest
Palatine Private Equity has backed the £16m secondary management buyout of social housing contractor Forrest, generating a 2.4x return for vendor LDC.
UK Watch: continued optimism in Q3
Following an uptick of deal activity in the second quarter, the optimistic mood has continued into the third quarter, according to the latest unquote” UK Watch, published in association with Corbett Keeling.
Clifford Chance's Evans joins Latham & Watkins
Latham & Watkins has raided Clifford Chance's private equity practice for the second time this year with the hire of Tom Evans as partner.
StepStone snaps up Greenpark
San Diego-based StepStone Group has completed its acquisition of London-based secondaries house Greenpark Capital.
Promethean holds £19m first close
Special situations investor Promethean Investments has reached a first close for its latest fund on £19m.
Goldman Sachs in £700m Hastings deal
Goldman Sachs’ Merchant Banking Division (GS MBD) has acquired a 50% stake in Hastings Insurance Group in a deal valuing the company at £700m.
Ex-Prudential CEO joins Octopus board
Octopus Investments has appointed Rob Davey, former CEO of Prudential UK and Europe, as non-executive director.
Connection invests £4.1m in Earthmill
Connection Capital has invested £4.1m in wind turbine installer Earthmill.
Manchester: it’s about who you know
Manchester
BGF invests £8.7m in PTS
The Business Growth Fund (BGF) has invested £8.7m in London-based PTS Consulting Group.
Inflexion buys On the Beach from Isis for £73m
Inflexion Private Equity has acquired online travel agent On the Beach in a £73m secondary buyout from Isis Equity Partners.