Industry
Dechert hires Travers Smith's Kay for funds practice
Sam Kay joins London-based team having spent more than 25 years at Travers Smith
Portfolio Stock Exchange bets on uptick in PE fund listings
Exchange will initially seek Spanish closed-ended funds of EUR 40m-EUR 120m for listing
Arma intensifies US acquisition talks with Mediobanca backing
Deal to acquire its first US peer could come as soon as next year
Many-headed Hydra: Private markets manager consolidation rears its head
Multi-asset managers set to roll-up credit, infrastructure and secondaries players to add strategies for scale
Unquote British Private Equity Awards 2023: submissions open
Submit your entry for the 2023 Unquote British Private Equity Awards before 7 August at 4pm
Alantra seeks to bolster US presence via buys, organic growth for advisory division - IB CEO
Financial services group aims to grow the geographical presence and sector specialism of its investment banking group
Unquote Private Equity Podcast: PE perspectives from Berlin
Unquoteтs Min Ho and Rachel Lewis digest the key takeaways from this yearтs SupeReturn
EU Foreign Subsidies rules hold specific challenges for PE
Sovereign wealth funds and pension funds commitments may trigger EC attention under new EU foreign subsidies regulation
Synova sells minority stake to Bonaccord
Passive minority GP stake deal sees Synova join UK peers including MML and Inflexion in taking on external capital
Cariano sponsor Atena Equity Partners sells business and preps new fund
Atena III will invest in complex buyouts, particularly distressed assets and succession issues
ICG hires Cestar as global head of credit
Cestar has more than 25 yearsт industry experience, including with Credit Suisse in London and New York
HSBC expects dealflow uptick and higher returns with second direct lending vintage
Second vintage expects to build on USD 580m in current commitments, with first deal expected in July
GP Profile: Bregal Milestone explores generative AI opportunities for portfolio companies
Plans seven further deals from recently closed EUR 770m fund
Women in VC: Lima Ventures' Argun on exit plans and gender-equal investing
Turkish VC firm manages three funds, including Alima, which helps its portfolio companies attract global investment
Astorg cuts flagship fundraising target with EUR 4bn raised
French GP initially expected to raise around EUR 6.5bn for eighth flagship fund, Unquote previously reported
European LPs bullish on 2024 PE fund vintages – Coller Capital
LPs remain positive on PE but are considering increasing infra and private credit allocations, latest survey shows
Just Climate holds final close for debut USD 1.5bn fund
GP will take minority stakes in industrial businesses targeting climate challenges, focusing on greenhouse gas reduction
BlackRock buys growth and venture debt provider Kreos
Global asset manager plans to broaden Global Credit business with fresh acquisition
From slash-and-burn to grow-and-earn: private equity changes tack
Rising cost of capital means value-creation will be vital for next decade of private equity, SuperReturn participants said
Keensight Capital opens US office
New Boston base will allow growth buyout investor to support US expansion of its portfolio companies
Investec acquires majority interest in corporate finance firm Capitalmind
Transaction will see the advisory firms fully integrating their M&A and corporate finance teams
GP Profile: Limerston Capital anticipates higher volume but more complex M&A as market steadies
UK-based GP is seeing dealflow driven by carve-outs and buy-and-build in a market where organic multiple arbitrage is no longer a given
Unquote Private Equity Podcast: In conversation with... Fabio Ranghino, Ambienta
In an interview with Unquote, Ranghino discusses topics including ESG and the next phase of Ambienta’s growth
Pemberton hires head of Sustainable Investing
Alternative credit lender poaches Niamh Whooley from Goldman Sachs, where she led its fixed income ESG integration team