Fundraising
Fundraising a chief concern for Nordic PE professionals
While the AIFM Directive was on everybody's agenda last year, fundraising is the main concern for most of the private equity practitioners polled in the latest unquote" Nordic Survey.
The Nordic coming-of-age
The Nordic coming-of-age
Triago's Dréan launches online PE marketplace Palico
Palico, a global online marketplace for the private equity fund community, launched yesterday.
CVC Capital Partners said to raise €10.75bn fund
CVC Capital Partners is in the process of raising a new Europe-focused fund targeting €10.75bn ($13.5bn), reports suggest.
Dry powder will drive 2012 dealflow - Bain
Extensive dry powder, few exit opportunities and tough fundraising conditions will be the major drivers of private equity globally, according to Bain & Company.
Fundraising activity up by 80% in 2011
European private equity and venture capital fundraising increased by 80% in 2011, according to recent figures released by EVCA.
Pledge funds not a panacea, says SJ Berwin’s Sonya Pauls
Speaking at the annual unquote" CEE Private Equity Congress in London today, SJ Berwin partner Sonya Pauls highlighted the advantages of the currently popular deal-by-deal fundraising model, but also warned about its shortcomings.
Fundraising tales reveal market split
The post-crisis fundraising market may be deemed one of the toughest ever, but not all GPs can rely on the same formula to succeed, as Chequers Capital and Blackfin Capital Partners explained at the annual AFIC conference in Paris last week. Greg Gille...
Declining activity belies venture successes
Although European venture capital activity decreased by 12% to €974m last year, 2011 saw a number of sizeable fund closes as well strong exits, indicating fresh appetite for the asset class.
LBO France delays fundraising effort
French mid-cap GP LBO France has pushed back the launch of its next €1.5bn White Knight IX vehicle - which was supposed to take place in Q1 - to Q3 2012, according to French publication Capital Finance.
Bank investments in PE down 69%
Anecdotal evidence highlights that PE houses cannot rely on banks and insurance companies to raise the bulk of their funds anymore. Data from French association AFIC backs this up with worrying numbers. Greg Gille reports
£14bn raised: but how to spend it?
European fund closes totalling nearly €14bn have been announced in the past fortnight. Deal data suggests it may be a bit much, and that not all are equipped to manage it. Kimberly Romaine reports
Fifth Cinven fund holds first close at €3bn
Cinven has held a €3bn first close for its fifth fund.
Private equity could profit from QE threat to sovereign bonds
According to the National Association of Pension Funds (NAPF), quantitative easing efforts depress ROI of pension funds committed to gilts, which could push them towards alternative assets.
Quilvest closes two funds, launches new FoF
Global private equity manager Quilvest has raised in excess of $300m across two vehicles and is marketing a new $200m fund-of-funds.
GP commitments: PE houses feel the pressure
More than 80% of GPs are feeling pressure to up personal commitments to their funds, according to research by Investec.
Palio Capital Partners raising debt fund for UK SMEs
Palio Capital Partners has secured a cornerstone investment from the European Investment Fund, raising a third of its anticipated £100m first close.
Duke Street shelves €850m fundraising plans
Mid-cap GP Duke Street has abandoned plans to raise a €850m vehicle, instead turning to a deal-by-deal fundraising model.
Italian sentiment: fundraising, leverage largest challenges
A recovery for the Italian market is not expected until 2013 at the earliest, according to a recent poll - but the backdrop brings with it fresh prospects.
Fund T&Cs: Tailored fit
With many GPs currently hitting the fundraising trail – and many more to come – should terms and conditions follow a gold standard to attract investors? Greg Gille investigates
Carlyle spin-out Resource doubles fund in top-up
The appeal of a handful of firms belies the dearth of LP appetite for private equity.
AtriA spinout a precursor for 2012?
Edouard Thomazeau and Thibaut de Chassey - two former partners at French GP AtriA Capital Partenaires - have launched a new mid-cap firm. De Chassey talks to Greg Gille about the firm’s strategy and its experience of a tough fundraising market.
Navigating a fundraise
Forget much of what you’ve learned. Wooing LPs nowadays follows few preconceived truths, requiring instead a lot of patience and creativity. Kimberly Romaine reports
France Télécom and Publicis launch €300m VC fund
French companies France Télécom and Publicis intend to jointly commit €150m to a new venture capital fund focusing on internet businesses.