GPs
EUROPE – Kenneth Leet to lead European Investment Team of Cerberus
Cerberus Capital Management has announced that Kenneth H M Leet has joined Cerberus European Capital Advisors as president. Leetтs previous positions include an 18-year tenure as partner in the investment banking division at Goldman Sachs.
FINLAND - CapMan appoints new advisers
CapMan has announced that Erik Prydz Mathisen, Terje Thon, Barbara Thoralfsen and Rune Thoralfsen from Norway and Jari Pasanen from Finland have been invited to join CapMan as industrial advisers as of November 2006. The new industrial advisers will complement...
BELGIUM - GIMV appoints new Investment Directors
GIMV has announced that it has appointed Bart Diels and Alain Keppens as Investment Directors with immediate effect. Both Diels and Keppens have worked for GIMV as Investment Managers for more than 10 and 15 years within GIMV ICT and GIMV Corporate Investment...
NORWAY/UK - HitecVision opens office in Aberdeen
Norwegian HitecVision Private Equity has announced that it will open an office in the UK energy capital Aberdeen. It has appointed a new partner, Mike Hill, formerly a director at 3iтs oil and gas team, to drive its international growth.
FINLAND - 3i appoints Hannu Isohaaro as country manager in Finland
Hannu Isohaaro has been appointed country manager of 3i Nordic in Finland as of July 2006. He will replace Ere Kariola, who has moved to a new role as senior adviser of 3i Nordic plc.
Mid-market private equity investors brimming with confidence
Market confidence levels among mid-market private equity investors are riding high, according to a survey carried out by Grant Thornton Corporate Finance. During the first quarter of the year, 92% of mid-market VCs predicted that the volume of transactions...
FINLAND - CapMan strengthens adviser network
CapMan has announced that Jesper Jarlbæk, Dr JT Bergqvist and Esko Mäkeläinen have been invited to join CapMan as industrial advisers as of March 2006.
US - KKR to launch first hedge fund
Press reports suggest that Kohlberg Kravis Roberts will launch its first hedge fund, KKR Strategic Capital Fund, at the end of the second quarter. According to a potential investor, the fund will focus on buying bonds and loans in the secondary market...
Candover appoints new partner in Paris
Candover has announced the appointment of Bertrand Finet as a partner in its Paris office.
Abingworth hires Sandham as venture partner
Abingworth Management, the life sciences investment group, has appointed Andy Sandham as a venture partner. In this role he will identify and create new businesses and provide strategic and operational support for existing companies within the Abingworth...
Baronsmead set to enter AIM VCT segment
ISIS Equity Partners has announced that it is set to launch its first Venture Capital Trust (VCT) focused on companies traded on AIM. Operating under the Baronsmead brand, ISIS Equity Partners is currently the market leading manager of generalist VCTs...
3i broadens energy business
3i is to broaden its energy profile into the midstream gas and power industry with the appointment of Shaun Kingsbury as an industrialist in residence.
Bridgepoint moves on ERM
ERM (Environmental Resources Management), the world's leading provider of environmental consulting services, has announced that it has received a formal offer for the company from private equity firm Bridgepoint that values the business at $535m.
AlpInvest spins-off mid- market buyout activities
The buyout team of private equity investor AlpInvest Partners will become independent as of 1 January 2006 and will go by the name of Taros Capital. The new company continues the management of AlpInvest's lead buyout investments in the Benelux and Germany...
Aberdeen to launch VCT C issue
The directors of Aberdeen Growth Opportunities VCT have announced that they are giving consideration to making a C share issue early in 2006. It is likely that the issue will be for up to ТЃ15m and that the total expense ratio of the company will be reduced...