Industry
Alpha Associés appoints Rossignol as partner and head of France
Rossignol is joining from his previous role at 21 Centrale Partners, where he became partner in 2014
Steady growth driven by smaller deals in Benelux
The Benelux region recorded a fourth successive increase in buyout volumes, thanks to strong activity in the smaller size brackets
Italy's aggregate value soars in 2016
Despite a slight dip in deal volume, Italy witnessed a 38.3% increase in aggregate value terms in 2016
Short-term consumer boost eases probable Brexit fallout in UK
Inflation, wage stagnation and trade uncertainty threaten the UK and Irish private equity markets post-Brexit
DACH proves its value with highest volume increase rate in 2016
Buyout activity in the DACH region witnessed the highest increase rate in deal volume across Europe in 2016
Iberia continues resurgence despite political drama
Positive macroeconomic outlooks, coupled with plentiful debt and renewed international interest, have nullified the effects of political instability
Aggregate value drops as Nordic assets look to public markets
Private equity firms are battling with stock exchanges for the affection of businesses in search of capital in the Nordic region
Larger deals underpin solid CEE performance
The appearance of larger buyouts drives values up and highlights growing maturity in the region
Large-cap European PE cools down as smaller dealflow regains footing
The European buyout market was back to growth in volume terms in 2016
European entry multiples rise to 10.2x in 2016
CEE, southern Europe and the Nordic region drive average price increase, while UK valuations drop
Livingbridge appoints Carnwath to lead strategic advisory board
Newly formed board will provide guidance related to political, economic, social and other factors
Contrasting fundraising fortunes in French mid-market
Numerous closes in Q1 and more on the horizon will give a clearer view of the French fundraising landscape
Could China boost Italy's private equity activity?
Italy's hunt for Chinese capital could clash with Beijing's new investments policy
Clessidra promotes Ghizzoni as new deputy chair
Matteo Canonaco will take Ghizzoni’s seat on Clessidra’s board as a new independent director
Antoine Papiernik appointed chair of Sofinnova Partners
Denis Lucquin will continue to be part of Sofinnova, staying on as managing partner
unquote" LP round-up
A round-up of LP news, including US institutions on the lookout for fund managers
Dechert hires Bradshaw from Kirkland & Ellis
Bradshaw will be expanding Dechert's private equity, cross-border M&A and finance practices
HgCapital promotes Brockman and von Simson to managing partner
London- and Munich-based GP also announces three partner promotions in its London office
Deal in Focus: Ardian to take majority stake in Prosol
French hypermarket group reportedly valued in the region of €1bn, with existing investors remaining as minority backers following completion
Westerlund to stand down as CapMan CEO
Heikki Westerlund had taken up his position in 2013 and will stay on until a replacement is appointed
Dino Polska IPO could revive public exit route for PE in CEE
Public market exit route has been in decline for central and eastern European private equity since its 2013 post-crisis peak
ICG's Evain to retire after 23 years at the firm
Head of European investments Benoît Durteste will take on the roles of CEO and chief investment officer
Credit funds eye opportunity in ECB limits on bank leverage
Draft guidelines from the European Central Bank propose a suggested ceiling of 6x EBITDA for leveraged buyouts
Dutch elections: A rosier picture for PE
Netherlands' election outcome spells good news for the industry, as PE-sceptic Labour loses seats