Industry
Ex-HQ Capital CEO moves to Schroders
Based in London and Frankfurt, Wunderlin will report to group chief executive Peter Harrison
Strong LP appetite and creative credit to fuel DACH growth
Despite stiff competition for assets, PE firms in the DACH region hit record deal volume in 2018 and expect further growth in 2019
GP Profile: Astorg
Managing partner Thierry Timsit discusses investment strategy, competition, ESG and political instability
Italian journalists' fund seeks VC opportunities
The National Institute for Italian Journalists' Social Security (INPGI) has launched a tender notice seeking closed-ended venture capital and growth capital funds to invest in.
Tesi to invest €75m in circular economy initiatives
Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m
Synova hires Sovereign's Jain, appoints two more
Jain joins as an investment director, while the GP also hires Alantra's Mullally and HSBC's Bullman
Strong Italian dealflow boosts southern European activity
Italy reached an all-time peak in terms of buyout dealflow and aggregate value in 2018, boosting the region's figures as a whole
Storebrand buys Cubera Private Equity
Purchase price may increase in connection with the raising of capital for new funds
Unquote Private Equity Podcast: Dual speed ahead
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team navigates the bifurcation in private equity fundraising
Baird promotes three to managing director
Ballantine, Luen and Sun are promoted from their director roles in the industrial and TMT teams
Endless adds new associate director to Manchester team
James Warburton spent eight years in the Manchester restructuring team at Deloitte
Avedon promotes two in Amsterdam office
In addition to these promotions, Avedon plans to hire more professionals to expand the team
LGPS Central closes first PE fund
First time that pension fund partnership LGPS Central has launched a private equity fund
Silverfleet appoints Quadriga's Sommer in Munich
Sommer joins from Quadriga Capital, where he was a director for buyout investments in the DACH region
UK activity taking hit in 2018 despite mid-market resilience
Buyouts valued at more than £500m fell by 56% in aggregate value terms in 2018, and by 43% in terms of volume
Altor launches DACH office
Altor recently held the final close of its Altor Fund V on its hard-cap of €2.5bn
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Private investor platform Truffle Invest offers first PE fund
Platform launched in September last year and has already backed a VC fund with private funds
ATP records loss despite strong PE returns
DKK 785bn fund’s performance took a hit from investments in the global equity markets
Ardian hires Friedrich to join buyout team
Alexander Friedrich joins from Quadriga Capital, where he led the services and software sector teams
Adams Street hires de Beau for primary investments team
Responsibilities include managing private equity fund manager relationships throughout Europe
SEB Investment Management appoints new CEO
Ragnartz joins from pension company AMF, where she worked as head of asset management
Q4 Barometer: European deal volume sets new annual record
Despite a slowdown in the final quarter of the year, private equity activity reached an all-time high over the course of the year
Freitag promotes Prüfer to managing partner
Prüfer spent time at Macquarie and HBA-Consulting before joining Freitag & Co in 2011