Industry
From recession to concession
With 2009 going down as one of the worst private equity years in history, investors looked on to 2010 knowing things could only get better – and so they have.
AIFM: EVCA vows to fight on after 'disappointing' JURI vote
The European Venture Capital Association (EVCA) has vowed to fight on against the Alternative Investment Fund Managers (AIFM) Directive, which could prove disastrous for venture investors.
Cavendish appoints two partners
Cavendish Corporate Finance LLP announced that Mark Perry and Joe Stelzer have joined the firm this month as partners.
Candover shares up 20% on takeover talks
Candover shares jumped 20% this morning, following news the private equity house is in talks over a potential takeover.
Alix appoints Albert Stein as MD
Alix Partners has bolstered its restructuring team with the appointment of Albert Stein as managing director.
SVG doubts permanent shift in LP/GP relations
With the uncertainty that ensued during the financial crisis, many predictions were made regarding the reduction in the number of GPs and their relations with LPs. While we have seen an evolution on both of these issues, there are doubts over how truly...
Linklaters appoints Andreas Steck as head of finance law
Linklaters has appointed Andreas Steck as head of finance law in Germany.
Vantis hires John Bloor as client partner
Vantis has appointed John Bloor as client partner to lead the expansion of its interim management services.
NVM sets up RCC Lifesciences
NVM Private Equity has backed the ТЃ3m launch of RCC Lifesciences Limited. The acquisition vehicle will target development capital opportunities within the UK healthcare sector and primarily the lifesciences and medical devices markets.
Uzumeri leaves Ontario Teachers'
Ontario Teachers' Pension Plan is looking for a new head of private equity after Erol Uzumeri announced he is to leave the Toronto-based pension fund manager on 14 May.
Q&A: Italian private equity renaissance?
From 2003 to 2008, Italian private equity activity grew continuously. However, since 2009 this has no longer been the case. Francinia Protti-Alvarez speaks to Raffaele de Courten, founding partner at AltoPartners, about the state of affairs and the trends...
Carlyle's Rubenstein confirms industry predictions
Carlyleтs David Rubenstein presented his lessons from 25 years in private equity and offered some thoughts on the future of the asset class to delegates at SVCAтs congress in Stockholm yesterday. His predictions echoed the findings of the Nordic PE/VC...
Benelux unquote" April 2010
If there is one rule that prevails over private equity commentary nowadays, it is that determining any long term trend remains extremely difficult; such is the volatility in the market. The effect on the retail sector is particularly evident. KKR-backed...
The beauty of small things
If there is one rule that prevails over private equity commentary nowadays, it is that determining any long term trend remains extremely difficult, such is the volatility in the market.
Procuritas buys Waterjet Entreprenad
Procuritas Capital Investors has acquired Swedish provider of hydro demolition, concrete repair and industrial maintenance services, Waterjet Entreprenad.
AXA buys BoA's $1.9bn private equity secondary interests
AXA Private Equity has acquired Bank of America's(BoA) $1.9bn portfolio of limited partnership interests in private equity funds, as the bank seeks to divest its non-core private equity investments.
Trend report: Nordic PE/VC in 25 years
To celebrate SVCAтs 25-year anniversary, the SVCA and Nordic unquoteт set out to see what the industry itself expects from the next quarter of a decade.
Recovery fund: releasing the shackles of debt
ICGтs new recovery fund specifically supports companies chained down by over-leverage, rather than loss-making businesses that require a complete turnaround. Francinia Protti-Alvarez investigates
Fees: GPs surrender to LPs
After years of GPs and LPs operating under a standard relationship model, asset managers are beginning to balk under the LP pressure for increased transparency and fee reductions as institutional investors become more aggressive in cutting costs. Gail...
HarbourVest appoints Lund as EMEA head of sales
HarbourVest Partners has appointed Simon Lund as head of sales and marketing for Europe, the Middle East and Africa.
Throgmorton adds two to tax advisory unit
Throgmorton has boosted its tax advisory unit with the addition of Raminder Chowdhary as head of value added tax, and Stephen Smith, as tax manager.
Neuberger Berman to launch distressed debt fund
Private Equity investor Neuberger Berman, plans to launch NB Distressed Debt Investment, a fund targeting asset-backed senior debt.
CLO market thaws
The primary collateralised loan obligation (CLO) market seems to be spluttering back to life, following significant activity in recent weeks. But questions still remain as to whether the economics are in place to support a full-blown recovery. Gail Mwamba...