Industry
Unquote Private Equity Podcast: Overcoming the exit impasse
Unquote assesses the obstacles to executing successful exits and speaks to Equistone senior partner Steve O’Hare about the GP’s approach to its recent realisations
PE purchases stall in Italy as buyers lose faith – PE Forum Italy
PE players are hoping that valuation expectations will align in 2H 2023, easing dealmaking backlog
Portable refis pave way for smoother sponsor exits in rocky market
Sellers are aiming to bolster buyer confidence, securing debt that can be transferred to the next LBO
Arcven Capital to raise debut VC secondary purchase fund with EUR 80m target
VC aims to provide liquidity to existing startup shareholders, investing EUR 200,00-EUR 2m at discounted valuations
GP Profile: NB Renaissance outlines acquisition and exit plans in final stretch of current fund deployment
Nearing full deployment for its third fund, Italian private equity firm is prepping one more deal and at least one exit by year-end
Dutch sponsor Egeria gears up for new fund launch next year
GP’s 2017-vintage, EUR 800m current fund is expected to be fully deployed within 12-18 months
Wellington eyes late-stage growth opportunities with new USD 2.6bn fund
GP seeks to address capital needs pre-IPO or sale and anticipates a diverse portfolio for fourth fund
Palatine reaps 6x money on SBO of Anthesis to Carlyle
GP will be reinvesting in UK-headquartered sustainability firm, acquiring a minority stake
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
VC Profile: NetScientific’s EMV gears up for debut fund targeting early-stage deep-tech startups
UK-based investment platform will step up investments in existing portfolio, while securing commitments for its thematic fund by year-end
RTP Global holds final close for fourth fund on USD 1bn
Fundraise is New York-headquartered early-stage venture capital firm’s largest to date
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
Sponsors drive record take-private activity as deployment pressure mounts
Discounted small- and mid-cap take privates expected to feed 2 pipelines amid M&A and IPO slowdown
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
Unquote’s Min Ho and Rachel Lewis digest the key takeaways from this year’s 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 years’ 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