Industry
GP Profile: FSI back on the hunt for deals
CEO Maurizio Tamagnini discusses FSI's approach to the post-pandemic market to identify new investments, and its plans for a second fund
CVC Credit finances Livingbridge's World of Books buyout
Livingbridge bought the UK-based online reseller of secondhand books from Bridges Fund Management
Tikehau appoints Cabanis as deputy CEO
Cabanis will join from her role as executive vice-president at Danone
One in four LPs willing to trade lower performance for better ESG - survey
ESG-focused LPs "motivated to divest positions in funds where they perceive ESG efforts to be lacking"
Phoenix promotes Squires to partner, three to investment director
James Chiang, Richard Hill and Victoria Wain are promoted to investment director
Bridges appoints ex-ICG CEO as new chair
Former Apax COO Clive Sherling, a long-standing investor in Bridges funds, also becomes a non-executive director
Project A opens first international office in London
Principals Sam Cash and Jack Wang, plus associate Luc de Leyritz, will head the new office
PGIM to acquire Montana Capital Partners
Founders Marco Wulff and Christian Diller will continue to head the Switzerland-based secondaries GP
Pitalia launches with GBP 50m fund, hires Davies as head
New venture will be headed by John Davies, who joins Pitalia Capital from Seneca Partners
17Capital raises USD 4.5bn across preferred equity strategies
Fundraise includes a USD 2.9bn final close for 17Capital Fund 5, which surpasses its target
Triago bolsters secondaries team with two NYC hires
Michael T Pilson and Marc Fitorre join as partner and principal, respectively
French buyout market continues strong rebound in H1
France was home to nine €1bn+ buyouts, comfortably outpacing the UK and German markets
Aliante Partners secures preferred equity with Pomona
Deal includes a liquidity option for LPs and a second preferred equity line for add-on acquisitions
Fundraising Report 2021: mapping out the post-Covid landscape
Unquote analyses key trends and presents proprietary data on the European fundraising market
GPs dismiss Spacs' threat to dealflow, pricing - survey
UK-based GPs are most likely to dismiss the threat of Spacs entirely
British Patient Capital launches £600m life sciences programme
Programme will invest in later-stage life sciences funds targeting at least ТЃ250m
US, UK ranked as most attractive countries for PE investment – study
France makes it into the top 10 for the first time, while Spain also records strong gains
Caledonia's Duncan Johnson steps down, replaced by Tom Leader
Johnson steps down after 10 years of service, and becomes CEO at Northern Gritstone
Spotlight on Spacs: Green power
With an expanded investor universe flush with cash, green may well prove to be gold for Europe's blank-cheque future
Bridgepoint confirms intention to list
London-headquartered GP could be valued at around ТЃ2bn in its intended LSE listing
GP Profile: Summa Equity
Reynir Indahl believes GPs should move beyond ticking ESG boxes to 'impact-weighted' reporting
European PE buyout activity sets new record in H1
Hectic first quarter drove an unprecedented spike in deal activity, while aggregate value is just shy of hitting an all-time high
Pemberton hires Graeme Dell as COO
Dell started at the firm on 1 July, and replaced Thomas Lack, who retired at the end of June
Inflexion promotes four to partner
Richard Booth, Sergio Ferrarini, Jon Ma and Sarah Gestetner are all promoted to partner