GPs
Blackstone not to replace head of European PE
Blackstone will not seek a replacement for Joe Baratta in the company's London office, according to reports.
Former Metro boss launches PE house in Germany
Former Riverside partners Kai Köppen and Volker Schmidt have partnered with ex Metro boss Eckhard Cordes and former Apax partner Christian Näther to form a new buyout house in Munich, local reports suggest.
BV Capital rebrands as e.ventures
Global venture firm BV Capital has combined its five local funds into a unified international entity named e.ventures.
N+1 and Mercapital merge
Spanish venture capital firms N+1 Private Equity and Mercapital have merged to form N+1 Mercapital. The new investment firm will manage €1.7bn, making it the largest in Spain.
Perfectis PE spins out of Euler Hermes
Industrial holding HLD has bought a stake in French GP Perfectis Private Equity from credit insurer group Euler Hermes France, alongside the Perfectis management.
Matrix relaunches as Mobeus Equity Partners
Matrix Private Equity has completed its spinout from the Matrix Group and rebranded as Mobeus Equity Partners.
3i slashes third of workforce
3i has confirmed the extent of its cost-cutting strategy, which will see the firm lay off 160 staff and close several offices worldwide.
UK: GP confidence wanes
Only 57% of UK-based PE houses expect the British economy to pick up in 2012, according to Investec's latest private equity industry barometer.
French asset manager launches PE unit
Meeschaert Capital Partners, focusing on growth capital and small- and mid-cap buyouts, has been established by French asset management group Meeschaert Gestion Privée.
Cognetas rebrands as Motion Equity Partners
Mid-market firm Cognetas has been rebranded as Motion Equity Partners, operating out of Paris and Milan.
Queen abdicates, predicts "new peak" for PE
The departure of 3i CEO Michael Queen is the end of an era, but not the end of the industry.
GP consolidation in emerging markets
Middle Eastern private equity giant Abraaj Capital is buying emerging markets investor Aureos Capital.
CalPERS appeals for higher capital gains tax
Joe Dear of CalPERS has voiced his support of an increase in capital gains tax that would hit the private equity industry.
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.
IGC closes European operation
Swedish investment company Investor AB has restructured its venture capital arm, Investor Growth Capital (IGC).
Apollo listing raises $565m
Apollo Global Management has raised $565m in a delayed IPO.
Much ado about very little
Last year was clearly a time for reflection, as record losses prompted many investors to rethink their strategies. GPs paused to concentrate on portfolios and LPs reassessed their manager selections – with some taking it a step further and reviewing their...
Changes to CapMan's management group
The composition of CapManтs management group has changed as of 5 November.
Hypo Equity becomes Alpine Equity
Austrian lower mid-cap investor Hypo Equity has changed its name to Alpine Equity, following the spin out from Hypo Landesbank Vorarlberg.
Investments in Asia: Eastern Promise
European nations may have deep historical ties with the Asia Pacific region, but their GPs, and to a lesser extent LPs, have largely been late entrants to the region. This may be changing, though, as Asian Venture Capital Journal’s managing editor Paul...
Candover story: Media picture lacks clarity
The announcement by Candover Investments plc that it is abandoning new investments to focus on returning cash from the sale of its remaining portfolio assets has certainly grabbed many headlines in recent days. But is the mainstream press sensationalising...
Fundraising: GPs face uphill climb
The wheels of the industry are gradually grinding into motion, with some notable fundraisings in 2010 so far. With activity expected to pick up, what awaits the European GPs looking to refill their coffers later in 2010 or into 2011? Julian Longhurst...
Talks over Candover Investment Plc takeover terminated
A statement issued today by Candover Investments Plc confirmed that discussions with a potential bidder for the company have been terminated.
TVM Capital restructures; hires Schuler
TVM Capital has reorganised its life science investment practice. In the future, the firm will operate two dedicated teams with differentiated investment concepts to invest in pharmaceutical, biopharmaceutical, medical technologies (medtech) and healthcare...