Industry
UFG Private Equity joins Siparex group
French small-cap house UFG Private Equity is now part of the Siparex group and has been renamed UFG-Siparex.
AIFMD vote delayed yet again
The vote, initially scheduled for the week of 20 September, is now likely to take place in October, according to a French senior lawmaker.
Matrix boosts placement team
The investment banking division of Matrix Group has hired Vincenzo Narciso as a partner in its London-based private funds group.
Investments in Asia: Eastern Promise
European nations may have deep historical ties with the Asia Pacific region, but their GPs, and to a lesser extent LPs, have largely been late entrants to the region. This may be changing, though, as Asian Venture Capital Journal’s managing editor Paul...
Verdane Capital closes latest fund above target
Verdane Capital Advisors has closed its Verdane Capital VII secondaries fund above its SEK 1.5bn (тЌ160m) target.
New compromise suggested on AIFM Directive
As Europeтs politicians return from the summer recess, negotiations over the final shape of the Alternative Investment Fund Managersт (AIFM) Directive have resumed. A revised compromise on the Directive, issued by the new Belgian presidency, will now...
Lion Capital meets lenders for Picard buyout
Lion Capital plans to meet lenders to secure a €675m debt package for the acquisition of Picard Surgelés, according to media reports.
Forbion closes two funds
Forbion Capital Partners announced the final closing of two life science funds FCF I Co-Invest Fund and FCF II, raising a total of €190m.
Candover story: Media picture lacks clarity
The announcement by Candover Investments plc that it is abandoning new investments to focus on returning cash from the sale of its remaining portfolio assets has certainly grabbed many headlines in recent days. But is the mainstream press sensationalising...
Three managers spin out from KBC Private Equity
Three former executives of Belgian investor KBC Private Equity have spun out to form new small-cap, later-stage outfit Think2Act Partners, according to local press reports.
Q&A: The evolution of due diligence
Due dilience can be a time consuming process, and seems to be taking longer since the crisis. Emanuel Eftimiu talks to Dr Joachim Scholz of Rothgordt & Cie about the increased emphasis on due diligence in the current environment.
Hannes Snellman opens Copenhagen office
Hannes Snellman has opened an office in Copenhagen as part of its strategy to become a Pan-Nordic law firm.
AFINUM buys Caseking GmbH
AFINUM Management has acquired Berlin-based computer accessories distributor and retailer Caseking GmbH for an undisclosed amount.
Siemens Venture Capital invests in RTT
Siemens Venture Capital has backed the capital increase of publicly-listed 3D visualisation solutions provider Realtime Technology AG (RTT).
Atlantic-Pacific Capital hires Sandström as partner
Atlantic-Pacific Capital has hired Sarah McFadden SandstrУЖm as a partner in its Private Funds business, in a bid to bolster its European project management and advisory services.
Solvency II criticised for 'inappropriate' stress test
European regulators have come under fire for choosing an тinappropriateт way to measure the stress caused by private equity investments on insurance companies. Research from Partners Group suggests the regulatorтs favoured method of calculating private...
Gilde Healthcare III secures Philips commitment
The recently launched Gilde Healthcare III fund has attracted Royal Philips Electronics as a cornerstone investor.
ECM acquires German bakery chain Kamps
ECM Equity Capital Management has bought German artisan bakery chain Kamps GmbH from Lieken AG for an undisclosed amount.
Specialisation key for first-time funds
With relationship-based investing seeping into the markets, as risk averse LPs gravitate towards managers they have had previous relationships with, first-time funds have had to strengthen their people-pitch. A number may have found a way out of the dilemma,...
Goldman Sachs considering private equity spin-off
Goldman Sachs officials are reportedly in discussions about the potential spin-off of a portion of their private equity business.
BoA first to bow to Volcker Rule
Bank of America (BoA) has spun out its private equity arm, making it the first to do so since the Volcker Rule was introduced in the US last month.
Growth capital: plugging the funding gap
Following the publication of the Green Paper "Financing a private sector recovery" by the government last week, Emanuel Eftimiu looks at the proposal to find a financing solution for SMEs in the UK.
AC Desarollo backs Grupo NRSur
AC Desarollo, via its fund AC Capital Premier II FCR, yesterday announced its third deal of the year, providing an undisclosed package of expansion capital to back the fast food franchise business Grupo NRSur.
AC Desarollo takes majority stake in Vaughan Systems
AC Desarollo, the private equity investment arm of Ahorro CorporaciУГn, has acquired a controlling stake in Vaughan Systems, a Spanish provider of commercial English language training services.