Industry
Vantis appoints client partner
Vantis Business Recovery Services (BRS), a division of UK accounting, tax and business advisory group Vantis, has appointed Gareth Morris as client partner.
Bridgepoint Development Capital set up Paris team
Bridgepoint Development Capital (BDC) has set up an office in Paris led by Pierre Colasson.
Fundraising: Unlocking LP appetite
Fundraising in the current environment can feel like facing a series of closed doors, but there are ways of unlocking LP commitments. Julian Longhurst reports
Amadeus prepares €1.36bn IPO
Amadeus IT Holding, the travel reservations company backed by BC Partners and Cinven, is finalising the preparations for its listing. The company is scheduled to debut in the Madrid bourse on 29 April.
Managing value: back to basics
2009 and 2010 have been all about getting back to basics hands-on operational support. A big part of this is about having the best management for the job. Francinia Protti-Alvarez reports.
Blackstone concedes to lower LP fees
Blackstone Group is set to give a higher than traditional percentage of its transaction fees back to its investors, according to reports.
Gimv hires DACH life sciences partner
Gimv has hired Annegret de Baey-Diepolder as a partner to join the firm’s life sciences in the DACH region; she will be base in Munich.
Deutsche Bank loses spot in NXP IPO
According to reports, KKR is said to have taken Deutsche Bank off the list of underwriters for its impending IPO of Dutch semiconductor business NPX .
Accel bolsters London team
Global venture investor Accel Partners, has appointed Adam Valkin to join the firmтs London office.
HarbourVest to list shares on LSE
HarbourVest Global Private Equity has announced plans to list its shares on the Specialist Fund Market of the London Stock Exchange.
Seed financing fails to germinate
The German venture industry is under fire from all angles, with the regulatory environment, a shortage of serial entrepreneurs, and a lack of support from domestic LPs posing formidable challenges. One of the core problems within the segment, however,...
Advent appoints consumer goods operational partner
Advent International has named John Sheppard as the newest partner to join the firmтs Operating Partner Program. He will advise on global investment opportunities in the consumer sector, with a particular focus on branded and private label consumer goods...
Standard Bank appoints three; boosts PE team
Emerging markets focused bank Standard Bank has strengthened its private equity capability with the hiring of three senior executives to its private equity franchise.
Deutsche Bank launches €6bn fund-of-funds
Deutsche Bank is set to launch DB Private Equity, a €6bn private equity fund-of-funds.
The automotive sector: a stable proposition?
The news that beleaguered Stabilus has been taken over by Triton draws attention to the European automotive sector, which, for private equity, remains a dangerous proposition, according to insiders. Mareen Goebel reports.
VSS appoints Hartfelder as head of IR
Veronis Suhler Stevenson (VSS) has appointed Jack Hartfelder as head of investor relations.
LPs & GPs benefit from mutual support
Emerging from the recessions, GPs are facing a new reality in their LP relations. Investors are becoming increasingly selective, and approach negotiations with more assertiveness. However, as Francinia Protti-Alvarez finds, the new GP/LP relationship...
Making concessions
Early indications of the results from a recent survey conducted by Nordic unquoteт and SVCA, looking at the private equity industry 10 and 25 years from now, suggest the community is already lowering expectations for the future.
unquote" 6 April 2010
LP/GP relationships are changing like never before as investors push for improved terms and increasingly look to bypass GPs and invest directly.
Southern Europe unquote" April 2010
A quarter into 2010 and European private equity dealflow is still fragile, prompting many GPs to remain on the sidelines. Meanwhile, figures from the upcoming unquote” European Fundraising Review emphasise the fundraising drought of 2009.
CEE: The dark horse of private equity
Overlooked by many LPs, the CEE private equity market could reach a canter before its Western neighbours as it emerges from the recession. Julian Longhurst reports.
Advent appoints new operating partner
Advent International has appointed Will Kussell as operating partner.
HarbourVest to list senior secured loans fund on LSE
HarbourVest Partners has launched a new senior secured loans fund, HarbourVest Senior Loans Europe Limited, which will be admitted to the Main Market of the London Stock Exchange.