GPs
Survey highlights extent of LP/GP perception gap
LPs and GPs still hold vastly divergent views on key aspects of their relationship, with terms & conditions and communication being the major areas of conflict, according to recent research by Acanthus.
Video: David Currie - industry needs liquidity
As he steps down from 33 years in private equity, most recently with SL Capital, David Currie shares his views on the industry's future.
Gimv reshapes strategy to boost future growth
Belgian GP Gimv has announced an overhaul of its strategic orientation and management team, in order to strengthen its position in the industry.
Amundi takes 7.5% stake in French GP NextStage
French asset manager Amundi has bought a 7.5% stake in small-cap specialist NextStage from financial holding Artémis.
Sovereign wealth funds buy 10% of CVC
Three sovereign wealth funds - two Asian and one Middle-Eastern - have bought a combined 10% stake in CVC Capital Partners' management company, according to reports.
HIG Capital launches European credit business
HIG Capital has launched in London the European operations of its US credit business, HIG WhiteHorse, and appointed Haseeb Aziz as managing director in the new unit.
General Atlantic opens new Munich office
General Atlantic has moved its German operations from Düsseldorf to Munich.
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.
GPs under pressure on ESG strategies
GPs are lagging behind when it comes to implementing environmental, social and governance (ECG) strategies, despite increased pressure from LPs, according to a report by PricewaterhouseCoopers (PwC).
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.
BlackRock adds direct private equity
BlackRock has announced the addition of private equity to its alternative offerings for clients.
IGC closes European operation
Swedish investment company Investor AB has restructured its venture capital arm, Investor Growth Capital (IGC).