Funds
The secondaries market
Unquote's Kimberly Romaine takes a closer look at the secondaries market with managing director of Campbell Lutyens, Andrew Sealey
Eqvitec's mezzanine team spins out
Finnish venture and growth investor Eqvitec has sold its mezzanine operations to the newly formed Armada Mezzanine, led by former head of mezzanine at Eqvitec Pertti Nurmio.
Secondaries players to fill later-stage gap
A lack of LP appetite has left a void at the later-stage end of the European venture market. Could secondaries players hold the key, asks Emanuel Eftimiu
Carlyle names HR head for Europe and MENA
Private equity firm The Carlyle Group has named Annie Paydar as head of Human Resources for the European and MENA regions.
Deutsche unquote" January 2010
The most recent issue of Deutsche unquote" features: an update on the AIFM directive; a GP sentiment survey; high yield feature, in-depth reporting on deals and exits...and much more. Download your PDF here.
CVC and Carlyle bid EUR 5bn for Kabel Deutschland
According to reports, CVC Capital Partners and Carlyle have teamed up for a EUR 5bn bid for cable networks operator Kabel Deutschland, a portfolio company of Providence Equity Partners. The buyout might see banks provide between EUR 3.5bn and EUR 4bn...
smac partners acquires ICT-portfolio from iD TechVentures
Munich-based venture firm smac partners and Headway Capital have acquired a tail-end portfolio from iD TechVentures Ltd. The equity was drawn from smac partners Fund III, with Headway providing backing.
GI Partners launches Elystan Capital Advisers
GI Partners has backed the launch of Elystan Capital Advisers, a Munich-based investment firm targeting mortgage backed assets and the mortgage banking sector in the DACH region.
Banking on the environment
Following the bad aftertaste left by the Copenhagen Climate Conference in December last year, there is reason to wonder whether all the hype investors are building around environmental technology is mere rhetoric.
EUROPE - Nordic Mezzanine holds EUR 320m close of third fund
Nordic Mezzanine has held a final close of Nordic Mezzanine Fund III on EUR 320m, an increase in fund size of 30% compared to its predecessor.
UK - CBPE Capital meets revised target; closes eighth fund on £405m
CBPE Capital has now confirmed that it has closed its latest fund, CBPE Capital Fund VIII, on £405m, below its initial £500m target, but still greater than its predecessor vehicle which closed on £360m in 2004.
EUROPE - Exciting times for venture
Venture's simple business model of providing equity without relying on cheap finance or financial chicanery stands it in good stead for the future, argues Index Ventures' Ben Holmes in a recent video with unquote's Rikke Eckhoff.
UK - CBPE nears £400m close for eighth buyout fund
Close Brothers Private Equity is reportedly near a £400m close for its maiden fund, below its initial £500m target.
DACH - Finatem reaches EUR 120m for third fund
Finatem has held a first close of its third fund, Finatem III, on EUR 120m, around 80% of the target.
UK - MTI and YFM to manage £9m NWDA fund.
MTI Partners and YFM Group have received a mandate from the Northwest Regional Development Agency to jointly manage a new £9m capital pool.
UK - Braveheart launches Beta EIS Fund
Braveheart Ventures has launched its Beta EIS Fund, a successor to the Group's Alpha EIS Fund.
GLOBAL – Unigestion's Secondary Opportunity II hits EUR 135m first close
Privately-owned asset manager Unigestion has held a first close of Unigestion Secondary Opportunity Fund II on EUR 135m.
UK – BC Partners looking to raise EUR 5.8bn for new fund
BC Partners is reportedly planning to raise a new EUR 5.8bn fund, proof that the large-cap sector could be reviving.
FRANCE - Aster Capital receives EUR 70m for maiden fund
Alstom and Schneider Electric, the electricity companies, are launching a joint venture capital fund, Aster Capital, targeting start-up company in the energy and environmental sector.
FRANCE - NBGI closes first fund on EUR 100m
NBGI Private Equity France has closed its maiden fund on EUR 100m.