GPs
Caledonia announces private capital returns of -18%
Buzz Bingo and Liberation Group leisure venues are currently closed, due to coronavirus restrictions
HTGF appoints new managing director
GP announced the appointment of Guido Schlitzer at its Family Day, which brought together VCs and startups online
GP Profile: August Equity Partners
Philip Rattle discusses mitigating the effects of the coronavirus crisis on the portfolio, and the firm's exit strategy
Impact investing webinar: Capital Meets Conscience
Watch a virtual event on impact investing, with panellists including Bridges' Maggie Loo and Daniela Barone-Soares from Snowball
Gimv confirms dividend but reports negative portfolio return
Gimv invested €205m in six new platform investments and additional bolt-ons in 2019/2020
Video: OTPP's Topley discusses liquidity squeeze, GP discipline
Joe Topley, head of European funds at Ontario Teachers' Pension Plan, shares his LP perspective on the current state of the private equity market
Tikehau hires three in Milan office
Paglia and Girelli join the Italian private equity division, while Pedergnani focuses on fundraising
Eurazeo increases stake in Idinvest to 80%
Eurazeo acquired 70% of the French asset manager in early 2018
Miura promotes two
Jordi Alegre and Fernando Clúa have led several investments in Spain and international consolidation projects
Palatine appoints new partner to Impact Fund team
Palatine held a final close for its debut impact fund on £100m in September 2017
Mutares' Q1 2020 portfolio review: two exits and three acquisitions
Two of the acquisitions were platform investments and the GP expects to complete two more in Q2 2020
DWS putting secondary capital to work in late-stage co-investments
Secondaries player has found that offering a mid-cycle co-invest can be an option for PE-backed assets to capitalise on opportunities
17Capital hires Sklar as senior adviser
Preferred equity provider is looking to bank on increased appetite for portfolio support products
3i posts 6% gross return for PE, down from 20% for FY 2019
3i made three new investments in the financial year for a total of £413m and completed 13 bolt-ons
Piper promotes McAlpine to investment manager
McAlpine has previously worked at strategy consultancy Parthenon-EY and at Oakley as an analyst
GP Profile: Riverside Europe
Karsten Langer discusses how the firm's portfolio is coping with the coronavirus crisis, as the GP raises its sixth-generation fund
Acquisition prices for SMEs decline in Q1 2020 – research
Prices paid to acquire SMEs declined significantly to 9.3x EBITDA in the first quarter of 2020
IK hires Aoun as head of capital markets
Aoun joins IK from KKR, where he was a principal focusing on private credit and capital markets
VC Profile: Isai reaches 1st close in lockdown
Founder Jean-David Chamboredon discusses the challenges of raising a fund in lockdown, and plans to deploy capital in an uncertain environment
Axa Venture holds €200m first close for Diversified II
AVP Diversified II is the second vintage of AVP's fund-of-funds strategy
CapMan Growth hires partner for new growth fund
New vehicle will succeed CapMan Growth Equity Fund, which closed on a hard-cap of €86m in 2017
KKR reports 12% Q1 loss in PE portfolio
GP cited $58bn dry powder, cheaper asset prices and steady management fees for being optimistic
ECI makes two senior promotions
Firm has promtoed Steve Tudge to the position of non-executive chairman, effective October 2020
YielCo hires new director
Volker van Rüth joins from his role as CEO of BayerInvest and has prior experience at Warburg Invest
