Industry
Clifford Chance promotes Matthew Layton
Matthew Layton, Clifford Chance
Insurers boost allocation to private equity
A Blackrock survey has found that more than half of firms are likely to increase their investment in private equity.
Nordic Capital tax case could be ruled before year-end
NC Advisory, Nordic Capitalтs advisory firm, is today attending a second day of hearings in Stockholmтs appeals court. Karin Wasteson reports from Stockholm
R Capital gains independence from Rothschild
R Capital Management has spun out from the Rothschild group and rebranded as Keensight Capital.
Weekly round-up: changes at the helm
N+1 Mercapital CEO resigns; Andrew Steel leaves HIG Capital; traditional corporate finance advisory fees fall under fire...
Hogan Lovells merges with South Africa's Routledge Modise
Hogan Lovells is to merge with South African law firm Routledge Modise, with the combination set to go live on 1 December.
GE Capital and Ares refinance Astorg's Ethypharm
GE Capital and Ares Management have provided Astorg Partners portfolio company Ethypharm with a €170m unitranche facility.
Women still under-represented in French investment teams
Although French private equity houses are increasingly trying to address the situation, women remain vastly under-represented in investment teams and in more senior roles, according to the latest survey by Deloitte and trade body AFIC.
UBS puts Reid in charge of secondaries
Following a string of departures, UBS has named Rodney Reid as its latest head of European private equity secondaries.
CVC exec acknowledges court case delay in F1 IPO
CVC co-founder Donald Mackenzie has acknowledged that the delay to the planned flotation of CVC's stake in Formula One can be attributed to the high court's ongoing legal battle with Bernie Ecclestone, according to the Financial Times.
Corporate finance fee structures: still working?
Corporate finance fees
FSN hits SEK 5.25bn final close
Pan-Nordic investor FSN Capital has reached a final close for its FSN Capital IV fund on SEK 5.25bn (тЌ600m).
Oakley passes €300m mark for new fund
Oakley Capital has raised more than тЌ310m towards its second fund, Oakley Capital Private Equity II.
Lloyds sells SWIP to Aberdeen Asset Management
Lloyds Banking Group has sold asset manager Scottish Widows Investment Partnership (SWIP) to Aberdeen Asset Management in exchange for Aberdeen shares currently worth ТЃ560m.
German VCs struggling to raise funds, says survey
A survey published by German bank Kreditanstalt für Wiederaufbau (KfW) and local trade body BVK shows that German VCs are feeling increasingly gloomy about fundraising prospects.
3i continues focus on disposals
Listed private equity firm 3i is continuing to boost divestment activity, while new investments remain subdued, according to the firm's latest half-yearly results.
Industry reputation failing to improve in eyes of LPs
New research has revealed that a worryingly large proportion of LPs continue to view private equity in a poor light.
Argos Soditic opens Benelux office
Mid-market private equity house Argos Soditic has officially announced the opening a new office in Brussels to better take advantage of the Benelux market.
JZCP targets Spain with new joint venture Toro Finance
Listed private equity fund JZ Capital Partners (JZCP) has teamed up with Avenue Capital Group to launch a new тЌ400m finance company in Spain.
Ardian provides unitranche for Européenne des Desserts buyout
Ardian (formerly Axa Private Equity) has arranged a €70m unitranche facility to finance Equistone's buyout of Européenne des Desserts from Azulis Capital and Céréa Partenaire.
Babson Capital provides mezz for Teachers' Busy Bees
Babson Capital Europe has provided a mezzanine facility to support the ТЃ220m acquisition of UK nursery chain Busy Bees by Teachersт Private Capital last week.