Industry
Landmark promotes four to partner
Eddie Keith and Charlie Tingue are promoted to partner in the PE teams in New York and London
Eurazeo buys Idinvest in €310m deal
Eurazeo becomes majority shareholder of French asset manager Idinvest, taking over from IDI
Less specialisation in southern Europe as generalists flourish
Trend of fund specialisation has been observed in European PE but LPs are still supporting less differentiated strategies in Southern Europe
CapMan rolls out incentive plan for top team
Performance will be determined based on personal records and company returns, commencing 1 April
Olivier Sarkozy's Further Global launches $1.25bn PE fund
Vehicle is registered in the Cayman Islands, with Park Hill listed as the placement agent
Activa Capital promotes France to associate
Emma France will have a specific focus on ESG and digital transformation for portfolio companies
Ardian adds four to executive committee
Ardian France president Dominique Gaillard has now withdrawn from the committee
Ropes & Gray promotes Rosen and Sanderson
Ropes & Gray worked on high profile PE transactions across all continents in 2017
Downing hires seven for investment team
New appointments join the energy and property sector investment team
Apax France hires Onno Sloterdijk
Apax France accelerates its development in the Netherlands with the appointment
Ecofi Investissements buys Esfin Gestion
Asset manager Ecofi and general partner Esfin are both subsidiaries of French bank Crédit Coopératif
DACH auto-parts deals motor on as sector transforms
Private equity players remain keen on auto-parts, as the sub-sector responds to rapid changes brought about by the electrical vehicle market
KKR appoints Veyrat as senior adviser
Veyrat will work with Henry Kravis, Johannes Huth and the wider EMEA leadership team
Innogest Capital appoints Leo as partner
Giovanni Leo leaves the position of vice-president at St June Medical to join Innogest
Mid Europa Partners promotes Babache
Andrej Babache becomes a partner at the CEE-focused firm, which he joined in 2006
UBS hires Wursdorfer as EMEA head of private funds group
Marc Wursdorfer leaves Credit Suisse after 16 years at the bank to join UBS
Canadian pension funds make inroads in France
unquote" looks at Canadian institutional investors' renewed appetite for direct investments in large-cap French assets
Summit Partners promotes two in London office
Vice-presidents Johannes Grefe and Steffan Peyer become principals in the GP's London office
Clearwater promotes Eden to COO
Eden joined the business in 2014 following roles at Lloyds Bank, Close Brothers and Experian
Pan-European GPs putting feet on the ground in Benelux
Pan-European GPs seek to tap Benelux's burgeoning buyout dealflow by securing talent familiar with the region
KKR opens Frankfurt office
Move confirms KKR's commitment to Germany and strengthens its presence in continental Europe
Trade body Afic rebrands to France Invest
Established in 1984, Afic had already changed its name but kept its acronym back in 2012
VCs tread cautiously around blockchain craze
VC activity in cryptocurrency has increased, but despite eye-catching deals, their volume is not as high as the wider enthusiasm would suggest
Foresight hires Gueorguiev as investment manager
Stephan Gueorguiev leaves August Equity Partners after three years with the mid-market firm