Industry
NVM bulks up regional investment team
NVM Private Equity has hired Dominic Ely as part of its regional investment team.
Listed PE investors expect a buoyant 2010
Private equity professionals are forecasting a more favourable investment environment in 2010, with a significant majority expecting an improvement in the availability of debt financing, according to new research.
Alvarez & Marsal expand services across Benelux
International bankruptcy advisory firm Alvarez & Marsal (A&M), appoints two to its Benelux practice as it broadens its service offering across the region.
Banks seize control of 3i-backed Ultralase
Senior lenders have reportedly taken control of 3i-backed Ultralase, the UK laser eye surgery chain, as part of a pre-pack administration, making it the second of the private equity firm's portfolio companies to fall within a week.
Candover's shares rise as firm hints at new beginnings
Troubled private equity firm Candover's shares went up 8% in early morning today after it reportedly hinted at future plans to raise new funds.
Foresight boosts European solar team
Foresight Group, a dedicated environmental investor, has appointed Federico Giannandrea as investment director.
LPs throw out the old for the new
It is now common knowledge that fundraising for private equity funds this year will be tough to say the least. Many, however, do not realise just how tough. News reports this week suggest that LPs are now considering severing ties with some GPs altogether...
Market trends: bearish or bullish?
A recent online poll conducted by unquote” predicts that the uptick in activity experienced during the second half of 2009 will continue in the first quarter of 2010.
3i drops Ambea IPO; reaps 3.4x in SBO
3i has dropped the planned IPO for healthcare group Ambea, and opted for a sale to private equity firm Triton. Yet, the IPO can still prove a lucrative exit for Nordic GPs.
LGV-backed Jeyes secures £20m credit facility
LGV-backed hygiene product manufacturer, Jeyes Holdings has completed a refinancing agreement, securing a revolving asset-based lending facility in excess of £20m provided by RBS.
VCTs to make a comeback
Venture Capital Trusts are hardly an asset class to make the headlines but current market conditions suggest there are growing expectations for a strong 2010 vintage. Emanuel Eftimiu reports
Alvarez & Marsal appoints Paul Taaffe as MD
Alvarez & Marsal has bolstered its team in Germany by appointing Paul Taaffe as a managing director to its restructuring and turnaround practice.
3i's British Seafood falls into administration
3i-backed British Seafood, the fish importer and distributor, is understood to have gone into adminstration, wiping out the private equity firm's £81m investment in the company.
Q&A: Environmental sector opportunities and challenges
Nino Tronchetti, co-founder and CEO of environmental investor Ambienta talks to unquote" about opportunities in the sector.
KKR nears NYSE listing; releases fourth quarter results
Private equity behemoth KKR is moving closer to listing on the New York Stock Exchange, as the firm has confirmed the move yet again in its financial results report for the fourth quarter, released yesterday.
NBGI appoints ICG's Hallala to its team
Lower mid-market private equity firm NBGI Private Equity has hired Mark Hallala to head up its investor management team.
Capital gains: a taxing issue
As the upcoming budget nears, the private equity industry has much to fear as the potential rise in capital gains tax threatens to further stifle investment activity and drive investors out of the UK. Deborah Sterescu investigates…
Mercapital takes stake in Mercurio Credit Partners
Spanish mid-market investor Mercapital has acquired a stake in distressed debt specialist Mercurio Credit Partners.
3i gains control of Mosaicon
UK-based private equity firm 3i has gained control of Mosaicon (formerly Antichi Pellettieri Bags), following the debt restructuring of the parent company Antichi Pelletieri.
CEE market update
Despite a retrenchment of London- and New York-based GPs from the CEE market, competition on the ground has not seen a commensurate decrease. This is down to a remaining strong core of local players, according to Advent International director Dan Morgan,...
Q&A: Fundraising in 2010 and beyond
Charlie Jolly principal at Matrix talks to Francinia Protti-Alvarez about recent fundraising trends and implications for the future.
IPOs: will they float or flounder?
The recent IPO frenzy will prove a blip, according to a recent unquote” poll. By Rikke Eckhoff
HAARMANN bolsters M&A and acquisition finance practice
HAARMANN bolsters M & A and acquisition finance practice HAARMANN Partnerschaftsgesellschaft Rechtsanwälte Steuerberater Wirtschaftsprüfer in Frankfurt am Main has won a new partner, Dr Veit Denzer, who joined the firm in January.