Financing
Houlihan Lokey poaches Nielen Schuman’s Theys to open up Antwerp office
Hire to cement Houlihan Lokey’s position in Belgium, which represents 30% of the advisor’s Benelux deals
European sponsors sidestep panic, concede gloom over bank woes
Fallout from Credit Suisse collapse adds to slew of macroeconomic challenges for PE dealmaking and fundraising
Constructive approach: PEs turn to bolt-ons amid exits and debt crunch
Buy-and-build strategies to take centre stage for sponsors faced with longer holding periods and tough market for platform investments
Adams Street launches private credit platform in Europe
Investor hires James Charalambides from Sixth Street to lead new strategy out of London
Adelis to sell Säkra in SBO to Cinven
Acquisition of Swedish insurance company marks fourth deal through GP’s Strategic Financials Fund
AnaCap could explore Wealthtime sale in 12 months
Sponsor formed the UK-based wealth management platform via a three-business merger
Morgan Stanley equity solutions MD departs
Gautier Martin-Regnier has left after nine years at the bank; expected to join sovereign wealth fund
Deutsche Bank head of EMEA equity-linked departs
Xavier Lagache is no longer in the role after more than a decade; replacement not announced
Pemberton strengthens team with four senior hires
Anders Svenningsen, Christoph Polomsky, James Taylor and Sally Tankard join the firm’s European offices
Sponsors brave the storm amid drop in financial services M&A
GP buyouts in the financial services space reached a two-year high in H1 2022 as rising financing costs and a brewing recession cloud the sector's M&A outlook
PE capital calls at 10-year low in 2021– Investec
Research cited the prevalence of fund financing and the increasing size of funds as reasons for the slow-down
Pemberton assesses European market for NAV strategy
Having hired Tom Doyle from 17Capital, the firm is looking at trends including generational change and market consolidation that will drive demand for strategy
17Capital promotes three to partner
David Wilson, Emad Shahin and Fokke Lucas join the firm's three existing managing partners
Pemberton launches NAV financing strategy with new hire
Thomas Doyle joins alternative credit specialist from 17Capital
GP Profile: 17Capital eyes buoyant NAV financing market
Unquote speaks to managing partner Pierre-Antoine de Selancy about the GP's strategy and market view
Oaktree and 17Capital announce strategic partnership
Oaktree is to take a majority stake in the London-headquartered specialised NAV financing provider
FSI buys 60% of Iccrea's digital payments arm at EUR 500m EV
Carve-out deal is the ninth investment from FSI I, which closed on EUR 1.4bn in February 2019 and is now 75% deployed
Triton secures €1.45bn syndicated ESG-linked facility
Triton is the latest in a string of mainstream GPs to have announced ESG-linked loans this year
Leveraged loans issuance sets new record
High-yield bonds backing LBOs followed a different route, with volume decreasing 67% from Q2
Fund financing and ESG: from the impact niche to the mainstream
ESG-linked fund financing facilities are becoming a prominent – and well publicised – tool in the ESG toolbox for GPs and lenders
CapMan takes ESG-linked facility for CapMan XI
Raiffeisen Bank International and Danske Bank have provided the capital call bridge facility
CVC Credit finances Livingbridge's World of Books buyout
Livingbridge bought the UK-based online reseller of secondhand books from Bridges Fund Management
17Capital raises USD 4.5bn across preferred equity strategies
Fundraise includes a USD 2.9bn final close for 17Capital Fund 5, which surpasses its target
Aliante Partners secures preferred equity with Pomona
Deal includes a liquidity option for LPs and a second preferred equity line for add-on acquisitions
