Industry
Candover disposes of management company
Candover Investments has disposed of its wholly owned investment arm to a management-backed entity and sold part of its portfolio, the firm announced today.
PE associations: Passing the torch
European private equity trade bodies are currently facing a management reshuffle, following a couple of difficult years for the industry. As much work was done to curb the most controversial aspects of the AIFM directive and generally promote private...
Electra raises £100m in bond issue
Electra Private Equity is to raise £100m to help fund what it describes as “exciting” investment opportunities.
Dörte Höppner appointed new secretary general of EVCA
The board of the European Private Equity & Venture Capital Association (EVCA) has announced the appointment of Dörte Höppner as secretary general, following the departure of Javier Echarri at the end of the year.
Fund lifetimes: Extend and pretend?
With market fears that a capital overhang could encourage reckless investments and artificially high valuations, would it make sense to redesign the private equity fund model to allow for longer investment and holding periods? The argument has gained...
Clifford Chance open office in Turkey
Global law firm Clifford Chance has established a new office in Istanbul.
Cavendish changes ownership structure and appoints new COO
Cavendish Corporate Finance, the specialist sell-side adviser to mid-cap companies in the UK, has announced the retirement of it's co-founder and the appointment of a new COO.
Mid-market: The next big thing?
Even though big buyouts have staged a spectacular comeback in 2010, mid-market transactions are widely expected to be at the forefront of dealflow and value creation going forward – but strong headwinds could make for a rough, if ultimately rewarding,...
Matrix announces new £21m VCT fundraising
Matrix Private Equity Partners has launched a £21m fundraising process for three of the VCTs it manages.
Investec expands private equity offering
Invest Growth & Acquisition Finance has added senior debt and preferred equity to its core stable of lending facilities for private equity transactions.
Isle of Man pitches for business in the new PE environment
It may seem counter-intuitive, in a particularly bleak fundraising environment, to be heavily promoting the latest iteration of a specialist tax-efficient fund structure, but that is what the Isle of Man has been doing. Julian Longhurst investigates.
Neuhaus Partners backs online company
Neuhaus Partners has participated in the first round of financing for Hamburg-based online firm Content Fleet GmbH.
Carey Olsen appoints new corporate partner
Carey Olsen, the Channel Islands law firm, has appointed Christopher Anderson as a partner in its Guernsey corporate and finance team.
Livingstone Partners makes three new appointments
Livingstone Partners has responded to increasing dealflow levels by adding three new corporate financiers to its London-based team.
XAnge opens Lyon office
French growth capital specialist XAnge has opened a new office in Lyon.
3i on the lookout for debt investment groups
Listed private equity group 3i has expressed interest in acquiring more European debt investment groups in the near future.
AIFMD passes final vote
The controversial AIFM Directive was adopted in a plenary vote of the European Parliament today.
Apollo makes offer for BHF Bank
Apollo Management has made an offer for BHF Bank, a subsidiary of Deutsche Bank.
WHEB Ventures becomes WHEB Partners
Cleantech-focused venture firm WHEB Ventures has changed its name to WHEB Partners to reflect its growth over the past three years.
British Private Equity Awards: Winners announced
Last night, unquote" hosted the sixth British Private Equity Awards in London.
Ernst & Young appoints Juan Costa Climent
Ernst & Young has appointed Juan Costa Climent as global leader for climate change and sustainability.
Citigroup wins EMI court battle
Citigroup last night won its court battle with Terra Firma’s Guy Hands over the buyout of troubled EMI.
Changes to CapMan’s management group
The composition of CapMan’s management group has changed as of 5 November.
Swedish PE-firms facing tax investigation
Skatteverket, the Swedish Tax Office, has launched an investigation into the declaration of tax by eight of the largest Swedish private equity firms, according to reports.