Industry
BoA staff to launch private equity firm
Several Bank of America (BoA) staff are leaving the group to form a private equity firm.
Linklaters promotes three in Paris practice
International law firm Linklaters has promoted Marc Perrone, Sarah Fleury and Jerome Cordier to counsels in the Paris office.
GP communications missing a trick
Many of Europe’s most prolific later stage investors have some way to go before they can consider themselves truly transparent, as Emanuel Eftimiu finds out.
AlixPartners appoints economics expert to financial team
Advisory firm AlixPartners has appointed Derek Holt as director in the company's economics consulting team.
TDC delays share sale
TDC, the Danish telecom giant owned by Kohlberg Kravis Roberts, Apax, Blackstone, Permira and Providence Equity Partners has shelved its share sale due to regulatory hurdles, according to media reports.
Primary Capital promotes Alec Parkinson to assistant director
Primary Capital has promoted Alec Parkinson to the position of assistant director, and has also expanded the team with the hire of Oliver Melliss, as associate.
AlixPartners bolsters financial advisory team with Derek Holt
AlixPartners has appointed Derek Holt as a director in its economics consulting practice, which forms part of its financial advisory services group.
BAML names new head of EMEA Financial Sponsors
Bank of America Merrill Lynch (BAML) has appointed Rob Firth as head of the financial sponsors group for Europe, the Middle East and Africa (EMEA).
JP Morgan wins IFC's PE administration mandate
The International Finance Corporation's Assets Management Company (AMC) has appointed JP Morgan to provide private equity accounting and fund administration services.
NB's debt fund to raise $150m in LSE float
Neuberger Berman has set out plans to float its NB Distressed Debt Investment Fund on the London stock Exchange's Specialist Fund Market in a bid to raise over $150m for investments in distressed debt.
We’re all above average
One Nordic adviser told me recently, "We have more than doubled our number of billing hours since Easter."
Gaming investments still worth a punt
Once considered a happy hunting ground for private equity, some gaming investments have turned sour in the past couple of years as many businesses have had to restructure their debt. That does not mean there are not profitable investments to be had, as...
GMT hires TMT specialist from Cinven
GMT Communications Partners has announced the appointment of Stefan Franssen as partner.
Advent appoints operating partner for business services
Advent International has appointed Kevin Beeston to its operating partner programme.
Astorg to raise €1bn buyout fund
Media reports suggest that the French mid-cap buyout house Astorg is planning to raise a €1bn buyout fund this year.
Auctus invests in Benchmark Partner
Auctus Capital Partners has invested an undisclosed amount in call centre service provider, Benchmark Partner GmbH.
Law firms Hogan and Lovells merge
Law firms Hogan & Hartson and Lovells have merged to become Hogan Lovells.
Capvis and Partners Group buy Kaffee Partner from Odewald
Swiss-based Capvis Equity Partners and Partners Group have acquired a majority stake in coffee specialist Kaffee Partner from Odewald & Compagnie. The value of the transaction has not been disclosed.
GCP exits Fatfoogoo to Digital River $10m
Austrian venture capital house GCP gamma capital partners has sold online trading platform FatFoogoo to NASDAQ-listed e-commerce group Digital River. The exit values FatFoogoo at $10m and GCP has further agreed an earnout provision.
Segulah change of address
Nordic private equity investor Segulah is moving office and changing its contact details.
Southern Europe unquote" May 2010
Figures from the recently published unquote” Private Equity Barometer, produced in collaboration with Candover, indicate that there was good news in the form of an increase in the aggregated value total, though the modest 2.6% rise from €10.3bn to...
From recession to concession
With 2009 going down as one of the worst private equity years in history, investors looked on to 2010 knowing things could only get better – and so they have.
AIFM: EVCA vows to fight on after ‘disappointing’ JURI vote
The European Venture Capital Association (EVCA) has vowed to fight on against the Alternative Investment Fund Managers (AIFM) Directive, which could prove disastrous for venture investors.
Cavendish appoints two partners
Cavendish Corporate Finance LLP announced that Mark Perry and Joe Stelzer have joined the firm this month as partners.