Industry
2021 Preview: UK activity on the up, but market braces for tax hit
UK market players are finding solace in investment volumes pulling back towards pre-Covid-19 levels
GP Profile: PAI to step up DACH deal-making
Ralph Heuwing, recently appointed partner and head of DACH, discusses the regional focus with Harriet Matthews
NVM makes four promotions
NVM has promoted its finance director, head of legal and an investment director to partner
Unquote Private Equity Podcast: Jersey strikes the balance
Head of funds Elliot Refson discusses the blend of innovation and stability that the island offers to private equity
GP Profile: EMH aims for three deals per year following close of second fund
EMH co-founder and managing partner Maximilian Kuss speaks to Unquote about the fundraising process and EMH's deal-making plans
Ely Place appoints Leppla as partner
Leppla will focus on assisting private equity, credit, infrastructure and venture GPs raise capital from institutions
Video: arduous road for emerging managers, says British Patient Capital's Connatty
Ian Connatty, head of funds at British Patient Capital, updates Denise Ko Genovese on the investments made by the LP in 2020
Deutsche Beteiligungs AG announces annual results
While 2019-2020 saw DBAG's NAV fall by 5.8%, the GP expects to increase PE investments in the coming years
MLL auction process begins – report
Munich Leukemia Laboratory could generate a valuation of 11-12x, Mergermarket reports
Deutsche Beteiligungs AG announces supervisory board changes
Tom Alzin and Jannick Hunnecke will join, while Rolf Scheffels is to leave when his term ends
Duff & Phelps appoints Bretag
Frank Bretag joins from Georgieff Capital Advisors and focuses on the industrial goods sector
GP Profile: Tyrus banks on quick secondaries turnaround
Waldner says the firm looks to raise €200-250m every 12-15 months and is now raising its fifth fund
SR One set to deploy $500m fund following GSK spin-out
CEO Simeon George tells Unquote that the firm is seeing early-stage and later-stage opportunities
GP Profile: Consilium Private Equity
Italian GP has recently launched its fourth buyout fund, Consilium Private Equity Fund IV, with a €100m target
Klar Partners hires Kuehne
Vera Kuehne joins the GP's London-based team
Investindustrial's SPAC trades on NYSE
Company plans to acquire European businesses with an enterprise value in the range of $1-5bn
CVC, Advent, FSI to buy Serie A in €1.7bn deal
Consortium will acquire a 10% stake in a new media company, which will manage Serie A's broadcasting rights
Multiples Heatmap: average entry multiple hits 10.5x as dealflow recovers
The UK and Ireland was the hottest region for multiples in Q3, also seeing the largest increase in valuations of any region
Covid-19, oversubscribed funds fuel interest in early secondaries
Early secondaries are tipped to become more plentiful in the coming months, but market observers urge caution to mitigate potential pitfalls
Unquote Private Equity Podcast: LP perspectives
Elias Korosis from Hermes GPE joins the Podcast to discuss co-investments, fund financing and the outlook for 2021
Level 20 appoints Potter as chair
Launched in 2015, Level 20 is a not-for-profit organisation promoting gender diversity in the PE industry
Carlyle to explore sale options for Hunkemöller – report
GP had explored IPO options for the Netherlands-headquartered lingerie and loungewear chain in 2018
Nordic Fundraising Pipeline - Q4 2020
Unquote compiles a round up of the most notable fundraises ongoing across the Nordic market
Travers Smith selects new managing partner
Edmund Reed joined Travers Smith in 1994 and became a partner in 2005