Industry
Cinven fights for JOST control
According to reports, Cinven is fighting for control of truck parts manufacturer JOST World GmbH.
KBC cancels plans to sell private equity unit
KBC Group has abandoned plans to sell its private equity division, according to reports.
Graphite Capital founds London Square
Graphite Capital has taken a majority stake in house builder London Square in a deal worth £100m. The UK mid-market buyout house will supply £50m of equity, along with a £50m senior debt package.
Fundraising: Funds trickle into the market
A raft of funds have recently closed, but it may come as a surprise to discover they broke their initial targets in a tough fundraising environment. HitecVision, Phoenix and Polaris have all successfully raised the capital they needed to start their latest...
Capricorn leads £4.9m investment in Green Biologics
Capricorn Venture Partners has led a £4.9m investment round in UK bio-fuels producer Green Biologics.
Steadfast Capital buys proFagus
Steadfast Capital has acquired charcoal derivatives producer proFagus GmbH from a group of private investors for an undisclosed amount.
ETF et al. invest €5m in Compact Power Motors
Environmental Technologies Fund (ETF) has led a €5m financing round for German engine manufacturer Compact Power Motors GmbH.
LMS Capital joins LPEQ
LMS Capital Plc has joined the LPEQ group of European listed private equity companies.
AGF Private Equity becomes IDInvest Partners
IDI Group has finalised the buyout of French private equity firm AGF from Allianz.
Southern Europe: Investing in family value
Investindustrial's Carlo Umberto Bonomi speaks to Francinia Protti-Alvarez about the private equity market in Spain and Italy. He says the market is extremely promising, despite having faced difficulties in recent years.
Leverage: The return of warehoused debt
The $400m asset-backed warehouse facility used to back last week’s buyout of aircraft leasing company, Avolon, signalled a further thawing of the corporate loan market. However, it remains to be seen whether the revival will lead to a reversal of a...
TVM Capital restructures; hires Schuler
TVM Capital has reorganised its life science investment practice. In the future, the firm will operate two dedicated teams with differentiated investment concepts to invest in pharmaceutical, biopharmaceutical, medical technologies (medtech) and healthcare...
Capital gains tax: Carried interest under threat
Carried interest is, once again, under threat in the UK, as the new coalition government looks to hike capital gains tax (CGT). The tax has been a focal point in recent years for British politicians, but many are warning the Conservative-Liberal Democrat...
KBC drops talks on sale of private equity unit
Belgium-based KBC has dropped negotiations with AXA Private Equity and Sofina on the sale of its private equity business, according to reports.
Octopus Ventures appoints Dr Simon Murdoch
Octopus Ventures has appointed Simon Murdoch as senior investment partner. Murdoch is an internet entrepreneur, investor and the former European vice president of Amazon.com.
Simon Kucher opens in Copenhagen
Strategy and marketing consultancy firm, Simon Kucher & Partners, has opened an office in Copenhagen to serve the Nordic region.
Spinouts: Private equity goes private
With the MBO of Barclays Private Equity from its listed parent bank Barclays underway, 2010 is likely to see at least one more spinout. This is the latest in a long line of private equity funds leaving their financial institutions to make their own way...
MBO of Barclays Private Equity underway
Reports indicate the long-awaited MBO of Barclays Private Equity, from listed Barclays bank, is on track and will be finalized in the next few months.
The Riverside Company appoints Vincent Daelemans
The Riverside Company has strengthened its European team with the appointment of Vincent Daelemans, who will take up the new position as vice president of origination for Benelux and France.
Listed fund-of-funds: Private equity for all
“We wanted to make private equity investing available to a larger audience,” Ole Mikkelsen, CEO of listed Danish fund-of-funds Scandinavian Private Equity A/S (SPEAS) explains.Rikke Eckhoff explores the pros and cons of listed fund-of-funds with the...
Private equity investors back $1.4bn financing of Avolon
Cinven, CVC Capital Partners and Oak Hill Capital Partners have committed $750m to back a $1.4bn financing deal of Irish aircraft leasing company Avolon. The deal is subject to regulatory clearance.