LPs
DACH institutional investors set sights on private equity
LPs are moving away from more liquid asset classes in search of stronger returns, with private equity's popularity on the up in the German-speaking region
unquote" LP and secondaries round-up
An overview of recent news and events regarding private equity LPs and secondaries deals
ATP appoints Nordea AM head Hyldahl as new CEO
Head of Nordea Asset Management Christian Hyldahl replaces Carsten Stendevad
HarbourVest delists from Amsterdam stock exchange
As part of the strategy, the GP will consolidate its listing on the London stock exchange
Idinvest appoints Julien Princi as general counsel
Princi joins Idinvest from French asset manager Amundi, where he was deputy general counsel
HarbourVest clinches £807m SVG deal
Acquisition will see SVG wound down and £1.12bn returned to its shareholders
Private equity’s public market problems
Despite strong investor appetite for listed private equity houses, life on the public markets brings with it numerous challenges
HarbourVest further extends deadline for SVG share offer
Extension will enable the parties to continue negotiations around an alternative asset-based offer
Electra Private Equity to move to corporate structure
LP's strategic review concludes it will discard its listed investment trust status
LP Profile: ATP
Danish pension fund is among Europe’s largest but does not prescribe asset allocation targets
HarbourVest makes new £783m SVG bid
Proposed deal would be similarly structured to a rival bid by Goldman Sachs and CPPIB
HarbourVest extends deadline for SVG takeover
Offer lapsed on 6 October, with SVG's board urging shareholders to accept a competing offer
Goldman and CPPIB field £748m bid for 100% of SVG
SVG board deems Goldman/CPPIB bid preferred option, ahead of HarbourVest and Pantheon/Pomona
SVG recommends liquidation, £379m sale to Pantheon, Pomona
Board of directors proposes to wind down SVG to maximise cash returns to its shareholders
In Profile: LPs
Our series of in-depth strategy updates and data-driven activity analysis of the major players invested in European mid-market PE funds
SVG confirms talks with Goldman Sachs and CPPIB
Fund-of-funds in talks with Goldman Sachs and Canadian pension fund for alternative bid
SVG in talks with other bidders, says board
SVG board holds position over HarbourVest bid in a public back-and-forth between the two firms
LP Profile: Adveq
unquote" catches up with fund-of-funds manager Adveq to discuss strategy, first-time funds and co-investments
Pension fund Lacera increases exposure to non-US funds
LP has previously made investments in CVC's European funds, as well as many mid-market funds
HarbourVest buys extra €42m commitment in Indigo Capital V
LP almost quadruples commitment to mezzanine debt provider's 2007-vintage vehicle
SVG board hits back at HarbourVest's unsolicited takeover bid
Fund-of-funds' board says the recent offer undervalues the company and its assets
LP Profile: Keva
Markus Pauli, CIO for Keva’s alternative investments, details how the investor’s appetite for buyouts has increased over the years
HarbourVest makes £1.02bn final offer for SVG
Fund-of-funds acquirer is on track to secure a 51.2% stake and is aiming for a full takeover
ATP CEO Carsten Stendevad quits
Chief executive of Europe’s largest pension fund, Denmark’s ATP, will leave LP by the end of 2016