Industry
Former LBO France partners launch debt-focused Kartesia Advisor
Kartesia Advisor, a new firm founded by three former LBO France partners and an ex-ICG director, has held a first close on €225m for its maiden debt vehicle.
Italian fundraising slumps – Aifi
Total fundraising in H1 2013 in Italy fell to just €162m, the lowest half-year period across the five-year sample, according to Aifi data.
British Private Equity Awards honour unusual suspects
Crises often spawn new teams. This summer saw two spinouts announced in France, reminiscent of the early-2000s when many outfits – including many of today’s well-known names – were going it alone. Kimberly Romaine comments.
Unquote" Awards – Winners announced
UK Awards
LPs highlight continued relevance of French private equity market
French Renaissance
PAI partners collects third of €3bn fundraising target
French private equity house PAI partners has raised in excess of €1bn for its new buyout fund, according to French daily Les Echos.
Esma publishes final AIFMD guidelines
The European Securities and Markets Authority (Esma) has published a set of final guidelines relating to the reporting obligations of AIFMs under the AIFMD.
YFM regains independence
YFM Equity Partners has spun out of GLE Group to become an independent entity.
Palamon reaches €210m close
After nearly two years on the road, Palamon Capital Partners has closed its latest fund on €210m, a significantly smaller amount than its €670m predecessor. The reduced fund size highlights continued difficulties in the fundraising market and GPs' willingness...
Axa Private Equity spinout goes ahead
Insurer Axa has completed the sale of its private equity arm to a management-led consortium for €510m.
Q&A: Altor's Krusell on Sweden's carried interest tax debate
Q&A: Altor's Krusell
Lloyds, HSBC, GE team up for Côte funding
CBPEтs acquisition of CУДte Restaurants earlier this month received debt financing from Lloyds Bank Commercial Bankingтs Acquisition Finance team, the HSBC Leveraged Finance team and GE Capital.
Fundraising: Germany's drawing power
The number of funds raised by German players – and the amount of capital they have been able to draw in – has increased steadily in the post-crash years.
Germany Report 2013
Germany Report
Club Med takeover pushed back to earliest March 2014
Axa Private Equity and Chinese conglomerate Fosun have suffered a setback in their plan to take French holiday resorts operator Club Med private, as a court of appeal will not rule on minority shareholders' opposition to the deal before March 2014 at...
Wölbern Invest's Schulte taken into custody on fraud charges
Heinrich Schulte, the owner of asset manager Wölbern Invest, was taken into custody yesterday, facing charges relating to the embezzlement of €137m.
Hogan Lovells loses nine to Morrison & Foerster
Law firm Morrison & Foerster has poached all of Hogan Lovells' Berlin-based partners to open its first German branch.
Riverstone to list new £550m energy fund on LSE
Riverstone is planning to list its new energy fund Riverstone Energy Limited (REL) on the London Stock Exchange, with a view to raise up to ТЃ550m.
Catapult and Opus unite
Catapult Venture Managers and Opus Ventures have combined operations to become Catapult Ventures Group (CVG).
VC-focused law firm Jag Shaw Baker launches
James Shaw & Tina Baker, Jag Shaw Baker
ECI: UK growth businesses enjoy easier access to finance
UK growth companies are finding it easier to obtain finance for growth and many are turning to equity over debt, according to a survey conducted by ECI.
Altor receives SEK 500m tax bill
Partners at Altor will receive an additional tax bill of SEK 500m for the 2008 income year, according to local media reports.
German election: Merkel wins third term
German election
LPs demand Asian presence for portfolio growth
Eastern promises