Industry
Finance ministers agree to AIFM passporting
Finance ministers last night reached an agreement over the shape of the Alternative Investment Fund Managers (AIFM) Directive.
French venture: Retail funds under threat
Franceтs FCPI and FIP funds, two tax-efficient retail vehicles created to promote venture investments, are currently being overhauled by the legislator. While the proposed 2011 budget grants them a new lease of life, a number of changes are bound to leave...
Julia Bennett joins MCR as director
Chartered accountant Julia Bennett has been appointed director at MCRтs new Birmingham office.
WSA Avocats boosts team with six appointments
French law firm WSA Avocats has appointed six new associates, including three in its private equity team.
Schultze & Braun opens Paris office
German law firm Schultze & Braun, specialising in business recovery, insolvency and restructuring, has announced the launch of a new Paris office.
Ontario Pension Plan appoints Jane Rowe
Ontario Teachersт Pension Plan has appointed Jane Rowe to head its private equity unit.
Funds-of-funds: A bifurcating market
While the 2005-2008 private equity boom is most commonly associated with the surging activity in Europe’s buyout markets, other areas, including the fund-of-funds segment, witnessed the same unsustainable growth and have felt the same shuddering crash....
Morgan Stanley and SocGen reportedly hired for Yoplait sale
Morgan Stanley and Société Générale are said to have been hired as advisers to PAI partners and Sodiaal on the sale of Yoplait, according to media reports.
Chinese private equity on the rise
The latest market data points to Chinaтs inexorable rise to become the leading private equity market in Asia Pacific. In the latest of our regular features on Asian private equity, we look at the growing importance of Chinaтs private equity market.
Augur Capital holds €70m first closing on latest fund
Augur Capital has held a first closing at €70m for its Augur FIS Financial Opportunities II fund.
Sandys elected as IVCA chairman
Peter Sandys has been elected as chairman of the Irish Venture Capital Association (IVCA).
CapMan fund holds first close at €60m
CapMan has held first close of its CapMan Mezzanine V fund having raised тЌ60m.
British Private Equity Awards: Shortlist announced
unquoteт is pleased to announce the shortlist for the unquote" British Private Equity Awards 2010.
BC Partners may buy Foxtons debt
BC Partners is planning to buy back debt in former portfolio company Foxtons, according to reports.
Carey Olsen appoints new partner
Carey Olsen, the Channel Islands based law firm has appointed James Mulholland as a partner in its corporate and funds practice.
Call in the investigators?
In the private equity world, the term due diligence is most often associated with the verification of a targetтs financial position and trading prospects. Yet, as it is so often said, private equity is a people business: so who, if anyone, does the industry...
Venture Capital: A growing equity gap
Recessions are often looked back on as golden ages for the venture capital industry, as the next generation of successful and innovative businesses rise from the ashes of economic collapse. However, speaking to attendees of this yearтs Seedcamp last night,...
New board chairman for Canter
Private equity firm Canter has hired buyout practitioner Trevor Bayley as chairman of its investment committee and board.
MJ Hudson recruits John Dyson
Funds expert John Dyson has been hired as a partner at MJ Hudson, in a move the company hopes will strengthen its position the private equity, hedge funds and alternative assets industry.
Bridgepoint appoints ex-M&S chief
Former Marks & Spencer chief executive Sir Stuart Rose is to join private equity firm Bridgepoint as an adviser.
Basel III: Capital requirements and the cost of leverage
The Basel III banking regulations took a major step forward over the weekend when central bankers agreed on the latest set of rules to prevent future financial crises. Higher capital requirements for banks have hit the headlines, but what effect will...
French trade body chief resigns
French private equity trade body chief Jean-Yves Demeunynck will step down in the coming months, according to reports.
Central banks agree Basel III rules
Central bank governors have agreed new capital requirements for banks as part of Basel III.