Industry
Abraaj files for liquidation in Cayman Islands
GP is seeking a court-supervised restructuring in the Grand Court of the Cayman Islands
Triago to expand London presence
Triago first opened a London office in 2016 but has recently moved to a new address
DACH investors turn to value creation to justify high multiples
Three of the five most active private equity firms based in the DACH region last year used non-standard investment models
US investors lag behind Europe on responsible investing – report
Survey finds that 47% of European-based institutional investors have established an RI policy
MCI launches tender offer to wholly own MCI Capital fund
Offer is for 19,003,988 MCI Capital shares in a bid to wholly acquire the fund's shares and votes
Co-investment: Dancing to a new tune
Co-investment has evolved from a value-add into an industry staple, but debate remains as to whether the strategy favours LPs and GPs equally
VC fuels Europe's journey towards self-driving future
Despite the long-term nature of investing in autonomous vehicles and high barriers to entry, fund managers are finding routes into the segment
New regulations set to spur Swedish state pensions investment in PE
Swedish Ministry of Finance presents a proposal to ease investment restrictions for pension funds
Apposite promotes Auffray and Meynier
Auffray becomes head of IR and operations, with Meynier promoted to investment director
Video: Mandarin's Inna Gehrt on DACH opportunities
Inna Gehrt, partner and head of DACH at Mandarin, explores why the region is viewed as an LP magnet
Danish pension funds establish DKK 5bn sustainable development fund
IFU will manage the fund, which has a DKK 5bn target, and aims to raise an additional DKK 1bn
Video: Triton's Marcus Brans on operational expertise
Triton's Marcus Brans discusses the most important way that investors can add value to companies
Idinvest hires former Balderton principal Debock
Investment director Debock will follow venture capital investments in France and Europe
Blossom Capital hires Schroder Adveq's O'Farrell
O'Farrell will be the fifth partner at the VC firm, which was founded in 2017 by Ophelia Brown
Ardian, Edmond de Rothschild exit Siaci Saint Honore
Charterhouse takes over, acquiring a minority stake in the insurance brokerage business
Time Partners hires Schroder Adveq's Kimeze
Kimeze is Time Partners' fifth director and will join the private capital division
BlackFin appoints Franzmeyer to lead DACH expansion
Franzmeyer joins as managing director and will become head of Blackfin in Germany in September
PE-backed UK IPOs outperform, but listings remain slow
Despite a strong track record, PE-backed listings have been few and far between in 2018, but signs of an increase in activity are emerging
KKR's Smidt steps down
Head of industrials and energy Smidt left at the end of May, and has been replaced by Edouard Pillot
LP Profile: Stonehage Fleming
Head of PE Clarke-Jervoise discusses the multi-family office's client base, investment strategy and recent approach to GP relationships
Rutland boosts deal team with two hires
Will Southgate joins Rutland from PwC, while Gessica Howarth previously worked at Goldman Sachs
ESG bridges business and societal cultural gap in France
French GPs are widely adopting more proactive ESG practices in an effort to reflect the country's cultural mindset
Abraaj seeks standstill deal with creditors
Firm has been embroiled in an investor conflict since the beginning of 2018
LP competition heats up for stakes in GP management companies
One in six LPs is taking stakes in GP management companies via specialist funds