Industry
ELF hires Wimpff as investment director
Florian Wimpff joins the direct lending firm from ESO Capital and also has experience at Herter & Co
DACH buyout deal value sees sharp summer decline
Following a quiet period for upper-mid-cap dealflow, Unquote gauges market sentiment as to whether activity could pick up before year-end
Parcom in talks to acquire Equistone's Group of Butchers – report
Mergermarket reported that the original sale process fell through as the pandemic took hold
LGPS hires Ian Brown as head of private markets
Ian Brown was previously head of the leveraged finance execution team at UBS
PE firms more bullish than corporates on distressed M&A – survey
Of the PE firms surveyed, t4% cite distressed/turnaround opportunities as a major motivation for acquisitions
Goodwin hires team of five partners
Lawyers were originally part of a team hired from Kirkland & Ellis's London office in April 2016
Unquote Private Equity Podcast: Allocate 2020 special
The Pod discusses our upcoming LP/GP conference, Allocate, touching on illiquidity solutions, secondaries, and ESG
Rede Partners appoints Ellul as chairman
Firm has also hired associate principals Etiene Ekpo-Utip in the UK and Matthew Zuckerman in the US
VC Profile: VNV Global
Managing director Per Brilioth discusses portfolio company Voi, seeking network effects and investing in companies at the idea stage
MML hires Bond and Birkin
MML is currently raising for MML Partnership Capital VII, which held a first close in October 2019
Evolution Equity on the road for second fund – report
New York-headquartered venture capital firm held a final close for its debut fund in 2017 on $125m
PE players await DACH carve-outs uptick
With corporates under pressure due to the coronavirus pandemic, opportunities are likely to open up for sponsors interested in carve-outs
Aberdeen Standard appoints Redman as head of private markets
Redman will be supported by Neil Slater in his capacity as deputy head of private markets
Waterland opens office in France; appoints managing director
Louis Huetz will be responsible for establishing and heading the new office
KKR's Hensoldt sets IPO share price at €12-16
KKR acquired the sensor producer in 2016 and the IPO is set to value the company at up to €2.61bn
Imap appoints Hildebrand as partner
Ruta Hildebrand will join the M&A advisory firm's Munich team and will focus on healthcare deals
PAI appoints Heuwing as partner and head of DACH
Ralph Heuwing joins from his role as CFO of Knorr-Bremse and also has experience at Dürr and BCG
ICG opens Milan office
Office is led by head of ICG Italy Luigi Bartone, who will be joined by managing director Giulio Piccinini
GP Profile: Sherpa Capital
Spanish GP Sherpa Capital has recently held a final close on €120m for its new fund Sherpa Special Situations III
PE-backed Allegro announces intention to float
Poland-based e-commerce platform backed by Cinven, Permira and Mid Europa reportedly aims for €10-12bn valuation
Verdane adds three to investment team
Stenmarck, Friberg and Stierncreutz are based in Copenhagen, Berlin and Helsinki respectively
Crosslantic's Hakle to be bought by management – report
Crosslantic Capital invested in the business alongside managing director Volker Jung in 2019
IK hires Avedon's Bärenfänger
Julian Bärenfänger was previously a partner at Avedon Capital Partners and joins IK's small-cap team
Secondary market update: coming out of hibernation
After a pause in activity, the market is gearing up for a busy final quarter, says Rede Partners' Adam Turtle