Industry
Close Brothers Corporate Finance renamed
Close Brothers Corporate Finance (CBCF) has been renamed DC Advisory Partners, following its acquisition by a Japanese investment bank.
Next stage in AIFM vote delayed
The latest vote on the Alternative Investment Fund Managers (AIFM) Directive has been delayed until 17 May.
LDC backs SMEs with new £100m commitment
Lloyds Development Capital has committed ТЃ100m over the next three years to back businesses in the South West and South Wales, the Thames Valley and the home counties.
Stonefund changes office
Belgium-based investor Stonefund has relocated to new offices.
3i appoints Sir Adrian Montague as chairman
The board of 3i Group plc has appointed Sir Adrian Montague CBE as chairman, effective following 3iтs AGM in July 2010.
AXA partners with Resource Partners; boosts CEE presence
AXA Private Equity has established a strategic partnership with Polish private equity advisers Resource Partners, to invest in opportunities across Central and Eastern Europe, particularly in Poland and the Baltic States.
Steadfast appoints Bernecker partner
German mid-market investor Steadfast Capital has appointed Marco Bernecker as partner with effect from 1 April.
BoA staff to launch private equity firm
Several Bank of America (BoA) staff are leaving the group to form a private equity firm.
Linklaters promotes three in Paris practice
International law firm Linklaters has promoted Marc Perrone, Sarah Fleury and Jerome Cordier to counsels in the Paris office.
GP communications missing a trick
Many of Europeтs most prolific later stage investors have some way to go before they can consider themselves truly transparent, as Emanuel Eftimiu finds out.
TDC delays share sale
TDC, the Danish telecom giant owned by Kohlberg Kravis Roberts, Apax, Blackstone, Permira and Providence Equity Partners has shelved its share sale due to regulatory hurdles, according to media reports.
Primary Capital promotes Alec Parkinson to assistant director
Primary Capital has promoted Alec Parkinson to the position of assistant director, and has also expanded the team with the hire of Oliver Melliss, as associate.
NB's debt fund to raise $150m in LSE float
Neuberger Berman has set out plans to float its NB Distressed Debt Investment Fund on the London stock Exchange's Specialist Fund Market in a bid to raise over $150m for investments in distressed debt.
We're all above average
One Nordic adviser told me recently, "We have more than doubled our number of billing hours since Easter."
Gaming investments still worth a punt
Once considered a happy hunting ground for private equity, some gaming investments have turned sour in the past couple of years as many businesses have had to restructure their debt. That does not mean there are not profitable investments to be had, as...
GMT hires TMT specialist from Cinven
GMT Communications Partners has announced the appointment of Stefan Franssen as partner.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Astorg to raise €1bn buyout fund
Media reports suggest that the French mid-cap buyout house Astorg is planning to raise a €1bn buyout fund this year.
Auctus invests in Benchmark Partner
Auctus Capital Partners has invested an undisclosed amount in call centre service provider, Benchmark Partner GmbH.
Law firms Hogan and Lovells merge
Law firms Hogan & Hartson and Lovells have merged to become Hogan Lovells.
Capvis and Partners Group buy Kaffee Partner from Odewald
Swiss-based Capvis Equity Partners and Partners Group have acquired a majority stake in coffee specialist Kaffee Partner from Odewald & Compagnie. The value of the transaction has not been disclosed.
GCP exits Fatfoogoo to Digital River $10m
Austrian venture capital house GCP gamma capital partners has sold online trading platform FatFoogoo to NASDAQ-listed e-commerce group Digital River. The exit values FatFoogoo at $10m and GCP has further agreed an earnout provision.
Segulah change of address
Nordic private equity investor Segulah is moving office and changing its contact details.
Southern Europe unquote" May 2010
Figures from the recently published unquote” Private Equity Barometer, produced in collaboration with Candover, indicate that there was good news in the form of an increase in the aggregated value total, though the modest 2.6% rise from €10.3bn to €10.5bn...