GPs
Akina to launch sixth fund-of-funds, targeting €550m
Akina Partners has registered its sixth fund-of-funds, Euro Choice VII
Newgate to acquire Arle Capital Partners
Development comes five months after Arle announced it was in the process of liquidation
ICG holds final close for secondaries fund on $1.1bn
ICG launched the fund in September 2015 and held an interim close for the vehicle on $750m in January 2017
Partners Group raises €6bn for direct private equity
Partners Group Direct Equity 16 has closed on €3bn after holding a first close on €1.5bn in February 2017
QuattroR holds €711m first close for maiden vehicle
Italian turnaround newcomer QuattroR launched its first fund with a €1.5bn target
May to leave Silverfleet by year-end
Partner Guido May joined the London-based GP in 2001 after three years at 3i
Three Hills Capital hires three
Joe Jefferies, Arjan Blok and Ravi Savjani strengthen the GP's investment team
Apax France acquires EPF Partners
Acquisition will immediately be followed by the launch of a €200-250m vehicle
Canopia appoints Boussac to investment team
Firm also appointed Olivier Quenardel to its investment team and advisory board in late 2016
Mid Europa hires Beyens as operating partner
Alain Beyens leaves his position of CEO at Pelican Rogue Group to join the CEE-focused GP
Danske integrates PE unit as two partners step down
Michael NУИrgaard will take over as CEO of the company, which remains a legally separate entity
Inflexion promotes two to partner
Andrew Mainwaring and Andrew Priest become partner, among a wider wave of promotions
Average multiples remain stable at 10.2x in Q1
European valuations keep track with 2016, but drop slightly compared to Q4 2016
Neuberger Berman in exclusive negotiations for FII's portfolio
Exclusivity ends the bidding process for the portfolio, which also attracted Tikehau and Italmobiliare
Keensight hires Louvel as associate director
Louvel leaves his role of manager at AT Kearney after six years to join the French GP
Bösenberg leaves Sun European, triggering Frankfurt office closure
Sun European has completed 12% of its deals in the DACH region, according to unquote" data
Idea Capital Funds appoints Perco as new CEO
Current CEO Paolo Ceretti will remain CEO of the GP's parent company DeA Capital
Montana to acquire GP Nem
Proposed deal follows a government-led €17bn rescue package issued for Banca Popolare di Vicenza
Quadrivio looks for investor to buy controlling stake
Following resignation of its chair and CEO, the GP is now looking for an international backer
Tikehau, Italmobiliare make offer for Fondo Italiano portfolio
GPs set up an equally split joint venture to acquire FII's portfolio of assets
Nordic Capital employees to appeal tax ruling
First step involves seeking leave to appeal the April rulings, which shocked the local industry
GP Profile: Bregal Freshstream
GP closed its maiden fund on тЌ600m and makes minority and majority investments in businesses across the UK and Benelux regions
Tikehau Capital contemplates €500m capital increase
Firm listed on Euronext Paris earlier this year with a market cap of €1.5bn
83North appoints Tucci as special adviser
Tucci leaves EMC Corporation after 16 years to join 83North following the close of its recent fund