Industry
Capricorn appoints new investment manager
Belgian investor Capricorn Venture Partners has appointed Dr Ir Johan Reynaert as investment manager in its cleantech team.
Terra Firma mulls request to invest more into EMI
Terra Firma is reportedly considering asking its investors to inject an additional £120m into troubled portfolio company EMI, the music group, in order for the business to avoid defaulting on its loan covenants.
Candover creates two new roles; promotes two
Candover Partners has announced the creation of two new roles, appointing Philip Price as chief operating officer and Kit Tuke as head of debt.
Q&A: Secondary chances
Hanspeter Bader, head of private equity at Unigestion, talks with Mareen Goebel about the secondaries space and current issues with fundraising
Entrepreneurs sour towards private equity model
Despite research suggesting that a large number of entrepeneurs will look to private equity as a source of capital in the coming months, anecdotal evidence reveals a far more negative attitude towards the industry. Deborah Sterescu investigates.
Luxembourg sees birth of industry body
Luxembourg has long been attractive to private equity and venture capital funds and has finally seen the birth of its own industry association.
Four Maven-managed VCTs announce £6m linked top-up offer
Four of Maven Capital Partners' Income and Growth VCT funds have announced that they intend to raise £6.1m this year through a linked top-up offer across the four vehicles.
Ontario Teachers could acquire Northumbrian in £1.7bn deal
Canadian investor Ontario Teachers' is reportedly considering a £1.7bn takeover bid for portfolio company Northumbrian Water.
Lion Capital acquires debt of portfolio company La Senza
Majority owner Lion Capital has reportedly acquired 100% of La Senza's long-term debt.
Blackstone, TPG, KKR show interest in RBS' WorldPay
Private equity heavyweights including Blackstone, TPG, KKR and Permira are reportedly among those interested in purchasing RBS' $3bn global-card processing unit.
Sovereign Capital-backed Laurel makes three bolt-on acquisitions
Sovereign Capital-backed Laurel, the funeral group, has added three separate funeral directors to its business: John Stuart Funeral Services, CS Bowyer and KY Green Limited.
Buyouts 2009: The year of lost opportunities
Despite plenty of "dry powder," 2009 ranks as one of the worst years in private equity history. Eckhoff and Eftimiu present unquote"s European Buyout Review
Predictable unpredictability
Figures from the just-released unquote” Q4 Private Equity Barometer, produced in association with Candover, reveal a stagnation in private equity investment activity as economic optimism wears thin.
Northern lights: regional dealflow to prop up UK PE
Both advisers and investors in Leeds and Manchester reveal that the Northern UK market is proving more lucrative for deals these days, which could attract investors from London. Deborah Sterescu investigates
Renewables foursome re-inforce sector’s appeal
HgCapital’s dedicated renewable energy fund, HgCapital Renewable Power Partners, closed three new investments today: two Spanish solar PV projects and one UK onshore wind project.The EUR 300m hat-trick comes the same day as growth investor Frog Capital...
GMT Communications makes two senior promotions
Media and communications-focused investor GMT Communications Partners has promoted Natalie Tydeman to partner and Vikram Krishna to principal at the firm.
Herbert Smith bulks up PE team with new appointment
Law firm Herbert Smith has hired James MacArthur as partner to the firm's private equity practice.
RJD Partners boosts investment team with new hire
Mid-market investor RJD Partners has appointed Richard Court as an investment executive to its team.
Banca Leonardo shuts down PE activities
The wave of structural reorganisations has hit Italy’s Banca Leonardo, which is one of the recent banks to decide to re-focus its activities, towards its advisory and wealth management and away private equity division.
Secondaries players to fill later-stage gap
A lack of LP appetite has left a void at the later-stage end of the European venture market. Could secondaries players hold the key, asks Emanuel Eftimiu
Survitec deal bodes strong year for buyouts
This week's foursome of sizable buyouts have put Europe on course to reach EUR 40bn for 2010, 50% larger than 2009's dire figure, writes Kimberly Romaine.
CVC appoints new senior adviser
Buyout firm CVC Capital Partners has appointed Thomas Renyi, as senior adviser.
Reality check
Coming out of the worst recession for a generation, it is tempting to look for a positive angle or find an optimistic spin on the latest developments. Luckily, this month I did need not to look far: the latest unquote” Q4 Barometer, produced in association...
SBOs: To Xafinity and beyond
Duke Street’s sale of employee benefits company Xafinity to Advent International marks the second major secondary buyout in as many days. With the buyout market currently a dichotomy between cash-rich and exit-starved managers, SBOs could be set to...