Industry
EQT Partners taking steps towards fundraising
EQT Partners has circulated a draft private placement memorandum among some of its investors with regards to the EQT VI fund, according to reports.
Zeus Private Equity changes name to Palatine
Zeus Private Equity has changed its name to Palatine Private Equity.
3i Debt Management borne out of MIM deal
3i has reinforced itself as a diversified asset manager with today’s introduction of 3i Debt Management (3iDM).
FSA clamps down on corruption in private equity
Private equity firms could soon find themselves criminally liable. Once the UK Bribery Act comes into effect in April, the FSA and other regulators will be clamping down on corporate hospitality, corrupt payments and any other behaviour they deem suspicious...
Half of mega-fundraisings to struggle this year
Half of Europe’s mega-buyout funds launched in 2011 will struggle to reach a first close, according to MVision’s Mounir Guen.
Much ado about very little
Last year was clearly a time for reflection, as record losses prompted many investors to rethink their strategies. GPs paused to concentrate on portfolios and LPs reassessed their manager selections – with some taking it a step further and reviewing...
Institutional cuts to PE: A mixed bag?
On Wednesday, it was reported that CalPERS is looking to sell another $800m of its private equity commitments. The news came the same week that PA SERS announced it was cutting its allocation to private equity to around 15%. This comes after CalPERS sold...
Industry pushes ahead with fundraisings
Fundraising is surging forwards in early 2011, with a raft of funds launching and reaching closes in the past month. Following news that Blackstone has raised $15bn for one of the largest private equity funds ever seen, how are other players responding...
Carlyle buys AlpInvest
Carlyle Group has acquired AlpInvest Partners as part of a joint venture with AlpInvest’s management team.
Key Capital Partners opens London office
Key Capital Partners (KCP) has expanded its geographic reach by opening a new office in London.
Minister condemns Actis privatisation
The UK's international development secretary Andrew Mitchell has strongly criticised the privatisation of emerging markets investor Actis by the previous government, according to media reports.
Paul Perpère joins AFIC as delegate general
French private equity association AFIC has announced the appointment of Paul Perpère as delegate general.
Perceva Capital raises €150m
French special situations investor Perceva Capital has raised €150m for its latest fund.
DC Advisory Partners announces growth plans
DC Advisory Partners has announced plans it is to strengthen its business across Europe.
M&A and tax law firm Bichot & Associés launched
Bichot & Associés, a law firm specialising in M&A and taxation, has launched.
EQT and Nordic Capital looking to raise new funds
EQT and Nordic Capital are in the early stages of fundraising, according to reports.
Argos Soditic closes latest fund on €400m hard cap
Argos Soditic has closed the Euroknights VI buyout fund at its €400m hardcap, following a relatively short formal fundraising period.
Montagu reaches €2bn first close on new fund
Montagu Private Equity is to tell its investors it has reached a €2bn first close on its new fund, according to media reports.
Nordic Capital wins tax case
The tax board has rejected the claims of the tax agency regarding Nordic Capital’s taxing of profit sharing between 2006 and 2007.
Apax aims to raise €11bn fund
Apax Partners is looking to raise an €11bn buyout fund in 2011, according to media reports.
Fundraising market continues to confound
Fundraising conditions are at their toughest for nearly a decade and the market is awash with rumours of stalled fundraising programmes. But there are also regular reports of highly successful fundraisings that fly in the face of the current trends. Julian...
Fundraising: Heavy traffic ahead
It is no secret that the private equity fundraising environment has been tough for the past couple of years. As many GPs prepare to hit the road again, current LP outlooks and strategies could result in a substantial number of players having to share...
ATP PEP holds final close of €1bn fund
ATP Private Equity Partners, the private equity arm of Danish pension fund ATP, has announced the final close of ATP IV K/S, a €1bn fund-of-funds.
Hawkpoint appoints Neil McDaid
Hawkpoint Partners Limited has appointed Neil McDaid as a director in their debt advisory team.