Industry
CVC and Summit's Avast in $1.3bn deal for TA's AVG
Bolt-on is first major acquisition for Avast since being bought by CVC in 2014
German VCs welcome loss carry-forward reform
New law will increase the number of situations in which companies can carry forward losses from one tax year into another
Rede Partners hires Sivanithy for new role
Dushy Sivanithy will become head of origination and due diligence for the placement agent
In Profile: LPs
Our series of in-depth strategy updates and data-driven activity analysis of the major players invested in European mid-market PE funds
Stage Capital spins out from NBGI Private Equity
Deutsche Bank and Goldman Sachs back the creation of a new independent firm with тЌ300m in AUM
SVG confirms talks with Goldman Sachs and CPPIB
Fund-of-funds in talks with Goldman Sachs and Canadian pension fund for alternative bid
Online food-ordering services feeding Benelux's IPO surge
GPs and VCs are capitalising on the improved climate for the public market exit route
SVG in talks with other bidders, says board
SVG board holds position over HarbourVest bid in a public back-and-forth between the two firms
LP Profile: Adveq
unquote" catches up with fund-of-funds manager Adveq to discuss strategy, first-time funds and co-investments
Amundi launches platform for real and alternative assets
Firm is looking to double its €34bn alternative assets under management by 2020
Permira holds final close for latest CLO fund on €275m
New vehicle is the first CLO-dedicated fund raised by the firm in four years
Lyceum makes six new hires
UK mid-market GP has appointed two directors, alongside four other new recruits
Nordic GPs look to new verticals in private healthcare
GPs in the region are increasingly turning to new healthcare subsectors as the private care segment evolves into a large-cap game
N+1 rebrands as Alantra
Spanish advisory and asset management firm merges its brands and renames company Alantra
Dow Schofield Watts hires EY's Saleem
New recruit will provide financial due diligence to PE houses and other investors
Pemberton launches £500m UK direct lending fund
New vehicle has received the backing of two LPs including Legal & General
UK healthcare market still fighting fit post-Brexit
Momentous changes in the UK's healthcare provision space and the potential for growth in related subsectors present opportunities for private equity
Pension fund Lacera increases exposure to non-US funds
LP has previously made investments in CVC's European funds, as well as many mid-market funds
Albion acquires Close Brothers' OLIM
Firm is looking to diversify its activities in the aftermath of changes to VCT regulations
French PE: dealing with rising transaction costs and valuations
Extensive due diligence and increased valuations reflect the country's increasingly complex and competitive deal-making environment
Arkéa launches €200m evergreen fund
Arkéa recently launched West Web Valley 1 and We Positive Invest, two venture capital funds
IR partner Caroline Huyskes-van Doorne leaves Egeria
Huyskes-van Doorne joined the Dutch private equity firm as a fund director in 2003
GP spinouts a game of planning, PR and partnerships
Investec Fund Finance: Strategic freedom and the promise of greater riches are two in a number of compelling arguments for PE spinouts
NorthEdge promotes Pickering to head of Manchester office
Pickering will oversee investment operations in the north-west and lead a six-person team