Industry
Candover shares up 20% on takeover talks
Candover shares jumped 20% this morning, following news the private equity house is in talks over a potential takeover.
Alix appoints Albert Stein as MD
Alix Partners has bolstered its restructuring team with the appointment of Albert Stein as managing director.
Clearwater appoints two; boosts London office
Clearwater Corporate Finance has strengthened its London team with the appointments of assistant director, Richard Shaw, and manager, Ravi Monteiro.
SVG doubts permanent shift in LP/GP relations
With the uncertainty that ensued during the financial crisis, many predictions were made regarding the reduction in the number of GPs and their relations with LPs. While we have seen an evolution on both of these issues, there are doubts over how truly...
Linklaters appoints Andreas Steck as head of finance law
Linklaters has appointed Andreas Steck as head of finance law in Germany.
Vantis hires John Bloor as client partner
Vantis has appointed John Bloor as client partner to lead the expansion of its interim management services.
NVM sets up RCC Lifesciences
NVM Private Equity has backed the £3m launch of RCC Lifesciences Limited. The acquisition vehicle will target development capital opportunities within the UK healthcare sector and primarily the lifesciences and medical devices markets.
Gresham buys Team Telecom Group for £32.8m
UK mid-market investor Gresham has backed the £32.8m management buyout of telecoms services provider Team Telecom Group (TTG) from Spice plc.
Uzumeri leaves Ontario Teachers'
Ontario Teachers' Pension Plan is looking for a new head of private equity after Erol Uzumeri announced he is to leave the Toronto-based pension fund manager on 14 May.
Q&A: Italian private equity renaissance?
From 2003 to 2008, Italian private equity activity grew continuously. However, since 2009 this has no longer been the case. Francinia Protti-Alvarez speaks to Raffaele de Courten, founding partner at AltoPartners, about the state of affairs and the trends...
Carlyle's Rubenstein confirms industry predictions
Carlyle’s David Rubenstein presented his lessons from 25 years in private equity and offered some thoughts on the future of the asset class to delegates at SVCA’s congress in Stockholm yesterday. His predictions echoed the findings of the Nordic PE/VC...
Benelux unquote" April 2010
If there is one rule that prevails over private equity commentary nowadays, it is that determining any long term trend remains extremely difficult; such is the volatility in the market. The effect on the retail sector is particularly evident. KKR-backed...
The beauty of small things
If there is one rule that prevails over private equity commentary nowadays, it is that determining any long term trend remains extremely difficult, such is the volatility in the market.
Portfolio management: Unlocking value potential
In a challenging exit market, private equity firms now need to focus more than ever on the operational value drivers of their portfolio companies. Market due diligence may hold the key. Mareen Goebel reports.
Procuritas buys Waterjet Entreprenad
Procuritas Capital Investors has acquired Swedish provider of hydro demolition, concrete repair and industrial maintenance services, Waterjet Entreprenad.
Yorkshire Bank's Kilpatrick takes on acquisition finance role
Yorkshire Bank has promoted Roddy Kilpatrick to area director within its Corporate & Structured Finance (CSF) team in the North West.
AXA buys BoA's $1.9bn private equity secondary interests
AXA Private Equity has acquired Bank of America's(BoA) $1.9bn portfolio of limited partnership interests in private equity funds, as the bank seeks to divest its non-core private equity investments.
Trend report: Nordic PE/VC in 25 years
To celebrate SVCA’s 25-year anniversary, the SVCA and Nordic unquote” set out to see what the industry itself expects from the next quarter of a decade.
Recovery fund: releasing the shackles of debt
ICG’s new recovery fund specifically supports companies chained down by over-leverage, rather than loss-making businesses that require a complete turnaround. Francinia Protti-Alvarez investigates
MMC Ventures invests in Creativity Software
MMC Ventures has provided growth financing to mobile telecommunications software designer Creativity Software in return for a significant minority stake.
Fees: GPs surrender to LPs
After years of GPs and LPs operating under a standard relationship model, asset managers are beginning to balk under the LP pressure for increased transparency and fee reductions as institutional investors become more aggressive in cutting costs. Gail...
HarbourVest appoints Lund as EMEA head of sales
HarbourVest Partners has appointed Simon Lund as head of sales and marketing for Europe, the Middle East and Africa.
MCR appoints Sarah Bell as partner
Corporate insolvency and restructuring practice MCR has appointed Sarah Bell as partner. She will be based in the firm's Manchester office.