LPs
Sherborne calls for vote on Electra board appointments
Battle intensifies after initial rebuttal by Electra
New rules could stifle German insurance firms’ allocations
New rules for insurance companies could limit PE allocations prior to Solvency II
Fondo Italiano awakens Italian private equity
Fresh capital from state-backed bodies is bolstering Italy's activity
Incitia Ventures shuts down
Incitia behind one of Nordic region's most successful venture exits – Algeta
PE should not let guard down, warns TPG's Morelli
Morelli: Don't let guard down
No debt bubble in Europe, LPs say in survey
Investors much more cautious about situation in US
Fondo ICO Global announces second tender result
State-backed vehicle backs local GPs and handful of international funds
Altius teams up with Castling
Partnership highlights increased demand from South Korean LPs
EIF appoints new CEO
Pier Luigi Gilibert, EIF
Pantheon wins BVK mandate
Funds-of-funds manager Pantheon has established a new global private equity programme alongside Bayerische Versorgungskammer (BVK), Germany’s largest public pension group.
Partners Group teams up with Mizuho
Partners Group and Mizuho have joined forces to develop and distribute global private equity products in Japan's pension market.
SVG shares down 8% as Aegon sells stake
Aegon has sold a 7.5% stake in listed private equity investor SVG Capital, resulting in an 8% share price drop.
Insurers to ramp up private equity exposure in 2014
Insurers are rethinking their investment strategies and beginning to increase their exposure to private equity. Some are even looking at it from an asset-liability management perspective.
LPFA makes first direct co-investment with Secured Mail
The London Pension Fund Authority (LPFA) has completed its first direct co-investment, investing in postal operator Secured Mail alongside Adveq and Next Wave Partners.
Insurers boost allocation to private equity
A Blackrock survey has found that more than half of firms are likely to increase their investment in private equity.
Lloyds sells SWIP to Aberdeen Asset Management
Lloyds Banking Group has sold asset manager Scottish Widows Investment Partnership (SWIP) to Aberdeen Asset Management in exchange for Aberdeen shares currently worth £560m.
Harvard appoints new MD for private equity
Harvard Management Company (HMC), the Boston-based university endowment fund, has named Lane MacDonald as managing director of its private equity operations.
French GPs dodge bullet on foreign LP taxation
The French parliament has rejected a proposal to withhold 30% of distributions to foreign LPs invested in French private equity funds.
Aquila Capital to launch maiden fund-of-funds
German investment company Aquila Capital has entered the private equity market, aiming to launch a fund-of-funds in early 2014.
StepStone snaps up Greenpark
San Diego-based StepStone Group has completed its acquisition of London-based secondaries house Greenpark Capital.
Partners Group to sell non-private-equity businesses
Partners Group has announced the sale of its remaining stakes in two non-private-equity-affiliated firms.
Adveq opens London office
Funds-of-funds manager Adveq has officially opened its new London office.
Texas retirement fund commits €40m to Nordic Capital VIII
The Texas County & District Retirement System (TCDRS) has committed €40m to Nordic Capital's latest vehicle.