Industry
Silverfleet appoints Bridgepoint's Smith as marketing head
European private equity investor Silverfleet Capital has hired Joanna Smith as head of marketing for Europe.
PE groups circle Metro’s Kaufhof stores
Private equity investors are reported to be among those interested in acquiring retail group Metro’s Galleria Kaufhof stores, which are due to be sold this year.
LPs make their move at ILPA meeting
The private equity world used to be run by GPs. There is now abundant evidence that this is no longer the case, as LPs are beginning to dictate terms. A meeting between buyout chiefs and their investors in New York today could lead to further change....
CFP opens office in Hamburg
Corporate Finance Partners is set to open an office in Hamburg on the 1 April 2010. The new office will be led by managing partner Julian Riedlbauer.
Lone Star looks for IKB buyer
Reports suggest that US investor Lone Star is seeking a buyer for struggling German bank IKB Industriebank AG.
Finance Wales appoints Rowlands as non-exec
Regional investor Finance Wales has appointed former 3i managing partner Chris Rowlands as non-executive director.
The UK's Green Investment Bank - not yet a done deal
A week ago, the UK government announced the pre-election budget plans for 2010, which included the idea of a Green Investment Bank (GIB). But despite these positive intentions and the backing of private investors, it is far from a done deal; even if it...
Ontario Teachers' wins lottery operator Camelot in £389m deal
More and more LPs are looking to bypass GPs and invest in target companies directly rather than through third-party funds. Ontario Teachers' is leading the pack, reports Deborah Sterescu.
Frog Capital appoints 3i's Lowery as partner
Frog Capital has hired 3i's Stephen Lowery as partner to the firm.
Swedish PE-backed companies higher growth than peers
A recent study by the SVCA and Ernst & Young show that private equity-backed companies in Sweden perform better than its peers.
Capvis’ Orior to list on Swiss exchange
Capvis portfolio company Orior AG is considering a listing on the Swiss stock exchange, and is expected to raise CHF 80m from the IPO.
Private equity philanthropy: taking responsibility
With more people (and particularly investors) becoming socially and environmentally conscious, private equity firms are keener than ever to demonstrate their commitment to a responsible investment ethos. Mareen Goebel investigates.
First Reserve Corp appoints vice president of IR
Energy-focused private equity firm First Reserve Corporation has hired Chris Pietersen as a vice president of investor relations and co-investments.
Private equity embraces environmental due diligence
With the launch of Carlyle and EDF’s analysis tool for environmental due diligence, Francinia Protti-Alvarez finds that putting green issues on the agenda makes financial sense.
Apax Foundation takes stake in Finance in Motion
Die Apax Foundation, the foundation of Apax Partners, has taken a 20% stake in asset manager Finance in Motion, based in Frankfurt/Main .
New govt body to manage financing for SMEs
The UK government announced yesterday the creation of a new national investment corporation, called the UK Finance for Growth (UKFG), to support SMEs in the UK.
Citigroup loses appeal to drop EMI suit
Citigroup has lost its appeal to dismiss Terra Firma's lawsuit, as US District Judge Jed Rakoff in Manhattan rejected the bank's argument that dispute should be held in a UK court.
3i closes growth fund on €1.2bn; open to new investments
Further strengthening its position in the markets, 3i has just announced the final close of its Growth Capital Fund on €1.2bn, and has made it clear that the firm will continue to look for new investment opportunities.
Debt markets go full circle
With senior leverage loans on the secondary debt market trading at around par, investors are returning to the primary market. Emanuel Eftimiu reports
DBAG elects two to supervisory board
Deutsche Beteiligungs AG (DBAG) has elected Philipp Möller and Gerhard Roggemann to its supervisory board.
PEF appoints KKR's Huth to its board
Johannes Huth, head of the European operations of KKR, has been appointed to the board of the Private Equity Foundation (PEF).
Clydesdale bulks up corporate team with two new hires
Clydesdale Bank has boosted its corporate & structured finance team in the south of England by appointing Tim Cussins and Catriona Murdoch as associate directors.
Portugal Q&A: Small is beautiful
The Portuguese private equity market may be underdeveloped but that may just be what makes it attractive. Francinia Protti-Alvarez speaks to Rui Branquinho Mota, investment director at Inter-Risco, about the topic.
Montagu cancels BSN Medical IPO
Reports suggest that Montagu Private Equity has cancelled its plans to list medical supplies company BSN Medical due to continuing difficulties with capital markets.