GPs
DBAG net income drops to €12.6m from €27.7m
Listed private equity firm Deutsche Beteiligungs AG reports a decline in net income
Blackstone buys stake in BC Partners
Press reports put the value of the deal at around €500m for a 10-15% holding in the GP
CDP acquires 70% of Invitalia Ventures to manage FNI
Invitalia will be appointed as fund manager of FNI, which is expected to raise around €1bn
LDC bolsters Bristol team with new investment director
Stefan Gunn joins LDC's south-west and Wales team from NatWest's structured finance team
Carlyle confirms switch to corporation structure
Change comes as the firm reaches $222.7bn in AUM for the second quarter of 2019
DeA Capital acquires stake in asset manager Quaestio
DeA Capital Alternative Funds also buys the Quaestio NPL unit, which manages the Atlante funds
Goldman Sachs creates sustainable finance group
Investment banking giant ventures into impact investing with a dedicated team
Omnes collects commitments across funds
Omnes Mezzanis 3, dedicated to French small and mid-market businesses, closes on €100m
GP Profile: Omnes Capital
With a busy fundraising pipeline, Omnes Capital is making inroads towards becoming a large, multi-strategy investor
Unigrains sells Céréa Partenaire management business
Céréa's management team and institutional investors have wholly acquired the company
Sovereign gears up for fund launch following departures
Firm is understood to be targeting between £500-600m for the next-generation vehicle
Mobeus promotes two to partner
Justin Maltz and Guy Blackburn become partner and portfolio partner, respectively
Fund managers turn to steady and reliable Ireland
Buyouts in Ireland have been steadily rising in recent years, with 12 deals in each of 2017 and 2018
NVM hires PwC's Wildig as investment manager
New recruit joins the GP eight months after it closed its £142m maiden institutionally backed fund
Graphite announces four promotions
Graphite Capital has promoted Mark Hall, who has been with the firm since 2008, to senior partner
Rewriting the rulebook: how technology is disrupting PE
A round-up of key takeaways from speakers at Unquote's Allocate conference in June
BC hires three IR professionals
All three executives will work alongside partners and co-heads of IR, de Rosière and Kunzer
Alantra buys stake in VC firm Asabys Partners
Alantra will invest in the first vehicle of Asabys, Sabadell Asabys Health Innovation Investments
3i announces eight hires and three promotions
3i has promoted and hired 11 people in Amsterdam, Frankfurt, Paris, London and New York
Paul Hastings hires two partners from Hogan Lovells
Harris currently leads the private equity practice at Hogan Lovells and Moezi is counsel
Inflexion promotes Edmans to partner to lead debt strategy
Edmans will be responsible for leading relationships across Inflexion’s entire business
New direct equity fund boosts PE inflows for Partners Group
Private equity has been the second fastest asset class to grow, delivering 11% net growth
Actis takes over Abraaj funds
Actis was invited to step in by the LPs of the two funds and the liquidators of the Abraaj estate
Target Partners appoints Alpina's Sperling
Sperling previously held this post from 2007-2009 and has also worked at Infineon and Ridgewood
