Industry
GERMANY - Private equity firms to re-submit Springer bid
According to press reports, TPG Capital, Carlyle and Providence have been asked to re-submit their bids to acquire a 49% stake in Cinven-backed and Candover-backed academic publisher Springer Science and Business Media.
UK - Walker argues against Commission Directive
The House of Lords EU Sub-Committee on Economic and Financial Affairs today took evidence from alternative investment bodies on the merits of the EU Commission's proposed Alternative Investment Fund Managers directive, with BVCA chief Simon Walker taking...
ITALY - Sator subscribes to EUR 70m capital increase for Profilo
It is believed that Sator has subscribed to a EUR 70m tranche in the capital increase in Banca Profilo.
Next move?
Upheaval in the markets and the streamlining of operations has resulted in an increased number of qualified professionals looking to join the ranks of private equity. But this doesn't necessarily make it easier for prospective employers
EUROPE - AXA PE signs UN responsible investment principles
French mid-market buyout house AXA Private Equity has signed the Principles for Responsible Investment (PRI) initiative, issued by the United Nations.
UK - Jefferies moves London office
Placement agent Jefferies Helix will be moving its London offices effective 20 July 2009.
UK - Edwards Angell launches PE practice in London
Law firm Edwards Angell Palmer & Dodge has launched a private equity practice in London, which will be headed up by ex-Campbell Hooper partner David Ramm.