Industry
Average fund size reaches new heights amid stark market bifurcation
Average buyout fund close for 2021 stands at EUR 1.33bn, more than double the EUR 629m recorded in 2017
FSN Capital appoints new co-managing partners
First succession transition for the Nordic firm since it was founded in 1999
Golding hires Schütz as ESG director
Christian Schütz joins from his role as senior vice-president of credit research at Pimco
Multiples Heatmap: TMT deals inked in Q3 pass 19x mark
Average entry multiples were again pushed into record territory in Q3 on the back of a still-buoyant M&A market
Waterland opens Spanish office
GP has hired David Torralba as principal and head of Spain, plus Guillermo Galmés as senior advisor
Food and beverage buyouts to reach EUR 13bn in 2021
An average of 44 buyouts totaling EUR 5.1bn were completed in the sector from 2011-2020
Bain gears up for sixth European buyout fund
US-headquartered GP held a final close for its previous European fund in 2018 on EUR 4.35bn
ICG to exit Park Holidays in GBP 900m trade sale – report
ICG acquired the caravan holiday park operator in a GBP 362m SBO from Caledonia Investments in 2016
GP Profile: Adelis steps up deal-making after latest fund close
Co-managing partner Jan У kesson and head of IR AdalbjУЖrn Stefansson speak to Unquote about the Nordic mid-market-focused GP's fundraise and deployment plans
GP Profile: Baird positive on UK dealflow despite valuation inflation
Baird Capital has so far exited three businesses from its first fund, taking advantage of what it sees is a strong M&A market
PE funds rework packaging investments around ESG concerns
Can private equity's decades-long love affair with the packaging industry last?
Announced PE deals fall sharply in October
Could the market have finally reached full capacity following a record-breaking first half of 2021 for M&A?
Riverside hires Cole as fundraising and IR head
Allison Cole was previously head of fundraising and investor relations at Lightyear Capital
EQT acquires LSP, forming EQT Life Sciences
Announcement follows Life Sciences Partners' seven-month, EUR 850m fundraise for LSP VII
Proventis hires Jan Wetter as M&A partner
Wetter was previously an M&A partner and office managing partner at EY in Zürich
StepStone announces leadership transition
Scott Hart becomes sole CEO, while Monte Brem is to be named executive chairman
Investindustrial sets SBTs for emissions
GP has also committed to achieving net zero greenhouse gas emissions in its funds
YFM appoints Marcus Karia as CFO
Karia was most recently group finance director of London-listed venture capital firm Arix Bioscience
Unquote Private Equity Podcast: Leisure sector cleared for take-off
Unquote looks back at how the sector has fared, and speaks with PAI partner GaУЋlle d'Engremont following the ECG deal
Eurazeo grew AUM by 44% over past 12 months
Asset manager raised EUR 3bn from limited partners in the first nine months of 2021
Activa Capital hires associate in investment team
Prior to joining, Julie Perouzel worked as an M&A analyst at Rothschild & Co for a year
Perwyn appoints investment manager from Omers
Maxime Menu joins from Omers Private Equity, where he worked as a senior associate
Victus to come back to market in early 2022
Vehicle will pursue the same strategy as its predecessor, targeting mature agriculture- and food-related businesses
M&A insurance demand reaches new heights amid bottleneck concerns
Hardening W&I market could be adding to the current slowdown in M&A activity that has followed a flurry of deals earlier in the year