Industry
Phoenix hires Neale as partner
Chris Neale leaves his position as investment director at LDC to join Phoenix Equity Partners
HQ Capital appoints Dimmerling as COO
HQ Capital has appointed Triton's Heiko Dimmerling as its chief operating officer
Sovereign hires Hay as partner
Alex Hay leaves a similar position at RJD Partners to join Sovereign Capital
Campbell Lutyens appoints Bajnai as chair
Former Hungarian PM takes on role after sitting on the advisory board in a part-time role since 2011
IK Investment Partners opens Amsterdam office
Local team will consist of a mid-cap and a small-cap team, to be headed by partner Remko Hilhorst
Keensight promotes Svensson to partner
Magdalena Svensson becomes partner at Keensight after three years with the company
Deal in Focus: Bain and Cinven to take Stada private
Acquisition of German pharmaceutical company would be the largest buyout ever recorded in the country
Maven appoints Vassallo and Dickens to north-east team
Appointments come weeks after the GP was awarded the mandate to manage the ТЃ20m Finance Durham Fund
Polaris promotes Gornitzka, Damkjær and Satchwell
Rune Lillie Gorntizka, Simon DamkjУІr and Joachim Satchwell progress at the Danish buyout firm
Nordic buyout market off to slow start in 2017
Buyout volume in Q1 was slowest start to a year since 2013, while Q1 exit figures were at their lowest first-quarter level since 2011
LDC hires two investment directors
Duo will oversee ТЃ1.2bn of equity investments in British companies over the next three years
Calpers PE portfolio managing investment director to leave
Investment director Sarah Corr will take over as interim head after Réal Desrochers leaves on 7 April
Committed Advisors closes third secondaries fund on €1bn
Strategy will focus primarily on mature private equity assets in North America and Europe
Cairngorm closes second fund on £107.5m hard-cap
GP's maiden vehicle has also received a 40% increase in committed capital, bringing it to ТЃ73.5m
University of California doubles strategic allocation to PE
Increase approved in March means up to $1bn in additional private equity investments for the endowment
GPs view ESG as value builder – Capital Dynamics survey
Alternative assets manager Capital Dynamics surveyed 109 GPs globally about responsible investment and ESG
Local Pensions Partnership launches new PE vehicle
Newly formed LLP Investments will also be able to act as investment manager for other funds
Forward Partners closes second fund on £60m with single LP
Tech-focused vehicle will look to make more than 30 investments across a four-year period
City of Fresno Retirement Systems to build PE portfolio
California-based LP with $2.7bn in AUM approves a target exposure of 5% to the asset class by 2020
French dealflow hit record high in 2016
After years of failing to exceed UK dealflow, the country finally clinched the top spot of the European league table in buyout volume
Golding holds €331m first close for private debt fund
Fund has raised more than half of its €600m target after five months of fundraising
NVM appoints Howarth and Warren as associates
Victoria Howarth and Jason Warren have joined the UK-based VC's investment team
Insurtech puts a premium on technology
PE and VC players turn their attention to the insurance space as fintech's next scalable disruption opportunity
Luxembourg becoming a hub for German funds
GPs are increasingly chosing to domicile funds outside of Germany as fundraising in the country gathers pace