Industry
European fundraising surpasses pre-crisis high
Funds investing in Europe raised €120bn in 2016, up 37% on the year before
GP Profile: Bain Capital
GP is currently investing from its $3.5bn fourth European buyout vehicle, which closed in 2014
Bridgepoint hires KPMG's Holley as head of ESG
New recruit joins the GP after three years leading KPMG's responsible investment operations
Denmark suffers from lack of newcomer buyout firms
Country lags behind its Nordic counterparts in terms of new private equity players, despite a growing number of buyouts
Céréa promotes two in debt and mezzanine teams
Marjorie Manet is promoted to director and Alexandre Durst to investment director
High-yield issuance for PE buyouts hits six-year low
Loan market flexibility and pricing steal the limelight as high-yield market for buyouts raises lowest total since 2010
Chinese investors bring exit opportunities but inflate entry prices
Research reveals GPs are noticing an increased appetite from Chinese backers for European assets
EQT to onshore all funds in Luxembourg, ditch UK post-Brexit
Brexit-driven uncertainty has ruled out the UK as a future jurisdiction for EQT funds, COO Casper Callerström tells unquote"
Pemberton hires Lack as COO
Prior to joining Pemberton, Lack was COO at the UK-based wealth management firm Brewin Dolphin
UK private equity's northern awakening
North of England is well positioned for substantial PE-backed growth in the coming years, accelerated by infrastructure investment
Private equity must wise up to cybersecurity
Private equity practitioners must act to avoid becoming the newest soft target for cybersecurity attacks, says Nazo Moosa from Riyad Taqnia Fund
Placement agents: Adapt to succeed
Evolving fundraising landscape means placement agents are having to reinvent themselves to future-proof their offerings
Mediterrania launches €250m third North Africa fund
Beside the GP's traditional focus on North Africa, the fund also targets sub-Saharan companies
Bridgepoint looking to raise further capital for Special Opportunities strategy
The capital pool would be deployed in France-based SMEs in challenging financial situations
Stirling Square appoints Hauptmeier to DACH team
Hauptmeier will contribute to the firm's investment activities in the DACH region
GP Profile: Permira
Global large-cap investor closed its latest buyout fund on €7.5bn in February 2016, making three investments from it to date
Lyceum appoints Greensmith to north-of-England team
New recruit will head up the north of England team as the GP looks to boost its presence in the region
Strong returns: Are managers or the market due credit?
Beneficial exit market of recent years may not endure the next PE cycle, raising questions as to how strongly LPs should reinvest in the asset class
Tikehau lists on Euronext Paris with €1.5bn market cap
French investment fund Fonds Stratégique de Participations is also joining Tikehau's shareholder base
LDC reshuffles senior team with six promotions
Grove, Souillard, Lyndon, Hurley, Bell and Gould will all take on new responsibilities
GPs and non-execs: Partners through thick and thin
Recent reports have questioned the logic behind appointing NEDs to portfolio companies, though there is little sign of GPs changing their approach
LGT buys Ares' debt funds manager European Capital
As part of the deal, the LP acquired the firm from US-based investor Ares Management
Portugal boosts southern Europe's 2016 resurgence
Recent uptick in the country's buyout activity mirrors similar investor appetite seen five years earlier in Spain
Kima-backed startup Heetch in limbo following court verdict
Ride-sharing app is deemed to be enabling unlicensed taxi operation by its users