Fundraising
GPs targeting larger funds - study
Around two fifths of GPs believe that their next fund will be larger than the current one, according to research from Investec.
Abacus acquires Portal Fund Administration
Abacus has acquired Isle of Man-based Portal Fund Administration Limited, expanding its service capacity.
Fundraising evolves for a difficult climate
While public financial markets remain punch drunk from the latest series of downgrades, debt crises and bailouts, private equity has, by necessity, been slowly emerging from one of its most difficult periods.
DACH Congress: Fundraising targets €7bn
Despite a sombre economic backdrop, DACH private equity deal doers are remarkably upbeat, with two thirds of today´s unquote" Congress in Munich convinced that LP appetite for the region is actually rising.
NIBC Bank spin-off holds €100m first close
Avedon Capital has held a first close of its NIBC Growth Capital Fund II at €100m.
unquote” summit: 75% of historical LP base impacted by regulation
Greg Gille reports direct from unquote's 20th anniversary private equity summit in London.
LeBoeuf beefs up restructuring team
Dewey & LeBoeuf has poached a two-partner restructuring team for its London offices from rival law firm Orrick Herrington & Sutcliffe.
‘Crowded market’ prompts fund administration merger
The merger of two firms to create the largest fund administration business in Guernsey has been attributed to the excessive number of companies in the market.
Q&A: The state of fundraising
Greg Gille talks to Antoine Dréan, founder, chairman & CEO of independent private equity placement agent Triago, about the current market.
PE law firms look east for expansion
Large numbers of law firms are beefing up their private equity teams both in Europe and Asia, with fund formation specialists and Mandarin speakers in particular demand. Susannah Birkwood reports
Proskauer Rose poaches three for funds team
Proskauer Rose has poached three private equity fund structuring professionals from rivals Kirkland & Ellis and SJ Berwin in recent days, in anticipation of increased fundraising activity.
One in five LPs to cut GP relationships
One in five European LPs expect to cut the number of GPs they invest with over the next two years, according to Coller Capital’s Global Private Equity Barometer.
Electra strengthens relationship with Steadfast
Electra Partners has announced two new investments that strengthen the relationship with German investment partner Steadfast Capital GmbH.
Core Capital announces new LP fund
Core Capital will set up the new £76.2m Core Capital I LP fund with additional funding of £46.8m, to provide six existing companies from its VCTs with fresh growth capital.
DACH fundraising on the up
Fundraising activity in the DACH region has increased over the past 12 months. Diana Petrowicz explores the trends in the fundraising climate
Unigestion hits €190m for secondaries; €70m for Environmental Fund
Unigestion has reached a final close of €190m for its Secondary Opportunity Fund II LP, unquote” can reveal.
Apax Partners launches €9bn fund
Apax Partners is currently marketing its eighth fund and is aiming to raise at least €9bn, according to media reports.
On the road again
Fundraising of course is the name of the game at the moment. After a two year lull, many houses are already on or expected to hit the fundraising trail this year. EQT is currently looking to raise €4bn for its latest buyout vehicle, on a par with its...
21 Partners set to launch Polish fund
21 Partners is looking to launch a dedicated Polish fund to take advantage of the investment opportunities it offers, according to reports.
Austria: High PE demand held back by lack of funds
While investors in Germany are experiencing a lack of companies willing to sell in the primary market, the situation in Austria is quite the opposite. An increasing demand for equity stands against a small pool of funds. Diana Petrowicz investigates.
Banks move to offer free placement services
Banks are taking on mandates to drive future revenues from ancillary services. But you pay for what you get: lesser established GPs will still need the hands-on approach independent advisers offer. Kimberly Romaine reports.
Constellation Capital launches €100m fund
Constellation Capital has launched its first institutional fund, Constellation II German Small Cap Fund, targeting €100m.
Central and Eastern Europe – A Continuing Opportunity
Nearly two decades of investment history, superior returns, a universe of experienced fund managers – yet Central and Eastern Europe (CEE) is neglected by many LPs. Henry Potter and Peter Wolfers of Alpha Associates discuss the characteristics of the...
Chequers Capital looking to raise new fund
French mid-market buyout house Chequers Capital is marketing a new €800m fund - Chequers Capital XVI - according to media reports.