Industry
Flying the nest: New wave of French spinouts
Following a decade of French spinouts from banks and insurance companies, the last few weeks have seen some of the most high-profile carve-outs to date. Greg Gille reports
Innovative GPs setting off fundraising fireworks
Innovation rewarded
Q3 Barometer: European deal volumes drop to 2005 lows
Findings from the latest unquote” Private Equity Barometer, published in association with SL Capital Partners, reveal a worrying drop in deal volumes, falling to the same level as Q4 2005.
Weekly Industry Analysis Round-up - 11th Nov 2013
The rise of zombie funds. Competition for private equity specialists fiercely fought between US law firms and the Magic Circle. Dutch private equity firm Karmijn Kapitaal held a final close of its maiden diversity-focused fund. Crowdfunding has made its...
Karmijn Kapitaal holds final close on €50m
Dutch female-led private equity firm Karmijn Kapitaal has held the final close of its maiden diversity-focused fund, Karmijn Kapitaal I, on its target of €50m. Ellie Pullen speaks to the firm's founders
Cameron unveils plan to name all UK company owners
UK prime minister David Cameron is due to announce plans to release a list of all UK business owners in an effort to crack down on tax evasion at the Open Government Partnership summit today.
Is crowdfunding a threat to private equity?
Crowdfunding
Idinvest reaches €60m first close
Paris-based Idinvest Partners has held a first close on its Idinvest Digital Fund II on €60m.
IK VII Fund holds final close at €1.4bn
IK Investment Partners has closed its IK VII Fund at close to тЌ1.4bn, around тЌ300m short of its original target.
GCP rebrands to Kester and offloads TEG
The former European private equity division of Greenhill & Co, GCP Capital Partners, has simultaneously rebranded as Kester Capital and divested Travel Entertainment Group (TEG).
Kinnevik appoints Stenbeck as executive chairman
Cristina Stenbeck, Investment AB Kinnevik
Harvard appoints new MD for private equity
Harvard Management Company (HMC), the Boston-based university endowment fund, has named Lane MacDonald as managing director of its private equity operations.
JZCP's Green-Armytage and Rueda on managing a listed fund
Jock Green-Armytage (pictured) and Miguel Rueda, senior partners at JZ Capital Partners (JZCP), talk to Amy King about the latest deals and opportunities in Europe, and the benefits and challenges of listed private equity
Investors call for improved communication from GPs
LP/GP relations
French GPs dodge bullet on foreign LP taxation
The French parliament has rejected a proposal to withhold 30% of distributions to foreign LPs invested in French private equity funds.
Tech entrepreneurs launch new fund Clarent
Lumi Mobile co-founders Mark Beilby and Gavin Poolman have launched media- and technology-focused fund Clarent Capital PE Fund 1, aiming to raise £102m over the coming months. Alice Murray speaks to Poolman to find out why the European technology sector...
Walker Guidelines Monitoring Group appoints new chairman
The Walker Guidelines Monitoring Group has appointed Nick Land as chairman.
Fondations Capital takes over CM-CIC LBO Partners
Fondations Capital has acquired fellow French GP CM-CIC LBO Partners from CM-CIC Capital Finance, the private equity arm of the Crédit Mutuel-CIC banking group.
Video: Asante's Hibbert discusses first-time fundraising
Video: Asante’s Hibbert
Aquila Capital to launch maiden fund-of-funds
German investment company Aquila Capital has entered the private equity market, aiming to launch a fund-of-funds in early 2014.
SamInvest receives SEK 20m in EU funding
Swedish venture capital firm SamInvest has received SEK 20m from EU structural funds and the county administrative boards of JУЄmtland and VУЄsternorrland.
StepStone snaps up Greenpark
San Diego-based StepStone Group has completed its acquisition of London-based secondaries house Greenpark Capital.
Ardian arranges €275m unitranche facility for Flexitallic SBO
Ardian (formerly Axa Private Equity) has arranged a €275m multi-currency unitranche facility to finance the €450m buyout of Flexitallic by Bridgepoint, in what marks the first investment for Ardian's Private Debt Fund III vehicle.
FSN approaches €600m close
Oslo-based FSN Capital is nearing a final close for its Fund IV at its тЌ600m hard-cap, according to reports.