Industry
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
TCA appoints Fickling as portfolio manager
New recruit will work on small-cap senior secured debt investments in European and US private equity
Romanian buyout activity shows no signs of picking up
Macroeconomic factors, combined with a dearth of dealmakers, are limiting the growth potential of Romanian private equity
Vatel Capital launches Kallisté Capital n°9
French GP will exclusively target Corsican small and medium-sized enterprises
HarbourVest buys extra €42m commitment in Indigo Capital V
LP almost quadruples commitment to mezzanine debt provider's 2007-vintage vehicle
Deal in Focus: Kartesia supports ProFagus expansion
Alternative lender bets on its existing network in locating German deals, as it supplies a debt replacement package for Steeadfast-backed ProFagus
Mobeus appoints Garland as investment manager
Danielle Garland joins UK mid-market firm to strengthen its buyout team
EdRip closes Cabestan Capital II on €165m hard-cap
The fund's predecessor is now fully invested, comprising 18 portfolio companies
In Profile: Synova Capital
GP has not wasted any time deploying Synova III, with Fairstone and Oakland Primecare investments already under its belt in 2016
Record turnout for Impetus-PEF Private Equity Triathlon
Charitable foundation is more than halfway to surpassing 2015’s total fundraising
21 Centrale promotes Voituron and Vigneron to partners
Paris-based 21 Centrale has promoted Fabrice Voituron and Antoine Vigneron to partner
Deal in Focus: Riverside acquires panel-door maker Epco
GP is planning an international expansion strategy for the panel manufacturer, with a particular focus on central and eastern Europe
Healthcare: A case study in reputational risk
PE investments in Nordic healthcare have become a controversial topic following the 'Carema scandal', which sparked ESG and transparency reforms
Macquarie, Prime's Takeaway.com valued up to €1.1bn in IPO
The PE-backed company expects to raise €350m from public offering
European entry multiples rebound in Q2
Following a dip in Q1, multiples for European PE-backed buyouts have returned to 2015 levels
Avoiding healthcare controversy and seeking new opportunities
As GPs shy away from investment in healthcare provision, new opportunities are presenting themselves in other medically related sub-sectors