Industry
Augur Capital holds €70m first closing on latest fund
Augur Capital has held a first closing at €70m for its Augur FIS Financial Opportunities II fund.
Sandys elected as IVCA chairman
Peter Sandys has been elected as chairman of the Irish Venture Capital Association (IVCA).
CapMan fund holds first close at €60m
CapMan has held first close of its CapMan Mezzanine V fund having raised €60m.
British Private Equity Awards: Shortlist announced
unquote” is pleased to announce the shortlist for the unquote" British Private Equity Awards 2010.
BC Partners may buy Foxtons debt
BC Partners is planning to buy back debt in former portfolio company Foxtons, according to reports.
Carey Olsen appoints new partner
Carey Olsen, the Channel Islands based law firm has appointed James Mulholland as a partner in its corporate and funds practice.
EU minister hails “major step” on third country rules
European politicians have made a “major step” forward in agreeing the final form of the Alternative Investment Fund Managers’ (AIFM) Directive, according to Belgium’s finance minister.
Call in the investigators?
In the private equity world, the term due diligence is most often associated with the verification of a target’s financial position and trading prospects. Yet, as it is so often said, private equity is a people business: so who, if anyone, does the...
Venture Capital: A growing equity gap
Recessions are often looked back on as golden ages for the venture capital industry, as the next generation of successful and innovative businesses rise from the ashes of economic collapse. However, speaking to attendees of this year’s Seedcamp last...
New board chairman for Canter
Private equity firm Canter has hired buyout practitioner Trevor Bayley as chairman of its investment committee and board.
MJ Hudson recruits John Dyson
Funds expert John Dyson has been hired as a partner at MJ Hudson, in a move the company hopes will strengthen its position the private equity, hedge funds and alternative assets industry.
Bridgepoint appoints ex-M&S chief
Former Marks & Spencer chief executive Sir Stuart Rose is to join private equity firm Bridgepoint as an adviser.
Basel III: Capital requirements and the cost of leverage
The Basel III banking regulations took a major step forward over the weekend when central bankers agreed on the latest set of rules to prevent future financial crises. Higher capital requirements for banks have hit the headlines, but what effect will...
French trade body chief resigns
French private equity trade body chief Jean-Yves Demeunynck will step down in the coming months, according to reports.
Central banks agree Basel III rules
Central bank governors have agreed new capital requirements for banks as part of Basel III.
Private equity and football: A poor match
The recently reported interest by Italian private equity house Clessidra for Serie A heavyweight AS Roma will come as a surprise to many – especially those that question whether the private equity model is really suited to football club investments....
UFG Private Equity joins Siparex group
French small-cap house UFG Private Equity is now part of the Siparex group and has been renamed UFG-Siparex.
AIFMD vote delayed yet again
The vote, initially scheduled for the week of 20 September, is now likely to take place in October, according to a French senior lawmaker.
Matrix boosts placement team
The investment banking division of Matrix Group has hired Vincenzo Narciso as a partner in its London-based private funds group.
Investments in Asia: Eastern Promise
European nations may have deep historical ties with the Asia Pacific region, but their GPs, and to a lesser extent LPs, have largely been late entrants to the region. This may be changing, though, as Asian Venture Capital Journal’s managing editor Paul...
Pantheon appoints Kevin Albert as partner
Pantheon Ventures has hired industry veteran Kevin Albert as partner and global head of business development.
Verdane Capital closes latest fund above target
Verdane Capital Advisors has closed its Verdane Capital VII secondaries fund above its SEK 1.5bn (€160m) target.
New compromise suggested on AIFM Directive
As Europe’s politicians return from the summer recess, negotiations over the final shape of the Alternative Investment Fund Managers’ (AIFM) Directive have resumed. A revised compromise on the Directive, issued by the new Belgian presidency, will...
UK mid-market moves on up
The UK mid-market stats are in for the first half of 2010 and bullish observers will note that overall activity levels and value totals for deals in the £5-150m range have seen a constant rise since the nadir in the first half last year.