Industry
Revenue trumps earnings as PE mops up B2B SaaS firms
Private equity is helping to drive rapid consolidation in the B2B software-as-a-service market
DACH manufacturing slump puts strain on deal-doing
With confidence hitting a low point in DACH's manufacturing sector, PE investors have to navigate a winding road to find opportunities
Apposite promotes Cunynghame and hires Harper
UK-based healthcare-focused PE firm promotes Alex Cunynghame to investment manager
Border to Coast to make first PE manager selections
BCPP is set to deploy £1bn in capital per annum across private markets, including private equity
Debevoise promotes Beurrier
Beurrier's promotion is one of six across the firm's New York and London offices
Dunedin promotes three
Davidson, Hardy and Chung have worked on the buyouts of Alpha, GPS, CET, CitySprint and EV
GP Profile: Partech Partners
Venture veteran Partech prepares to leverage its digital experience to take on the buyout world
New investor Fond Of contributes to HTGF III
HGTF's third vehicle, High-Tech Gründerfonds III, held its final close on €316.5m in May 2018
First-time challenges in southern Europe
First-time funds may still be facing a tough road in southern Europe, but GPs are getting increasingly skilled at selling a compelling story
Investcorp acquires Mercury Capital Advisers
Investcorp has been acquiring stakes in companies such as 3i's credit business to reach $50bn in AUM
Stirling Square appoints two to investment team
GP has appointed JP Morgan's Mazurier and Hannam Investments' Bloys to its London-based team
Investors inject €300m in Tikehau Capital Advisors
TCA forms part of the shareholding of France-headquartered asset manager Tikehau Capital
Entry multiples heating up further in Q1 – research
Average value for PE-backed transactions increased by nearly 15% versus Q4 2018, says Clearwater
Baltic GPs move upmarket
Combined volume of funds currently raising capital in the region is more than double the entire capital raised since 2012
USS appoints new CEO of investments
Simon Pilcher will be responsible for overseeing the investment strategy governing the scheme's £64bn in assets
Unquote Private Equity Podcast: Sector selectors
Listen to the latest episode of the Unquote Private Equity Podcast, in which the team discusses sector specialisation strategies
Oklahoma pension fund increases PE allocation
OPPRS is set to add additional commitments of $150m in order to meet the new asset allocation
Impact investment demand outstripping supply – research
LP demand is high but met with a lack of high-quality offerings, according to a Rede survey
Equistone appoints BGF's Copeland and promotes Baker
Copeland joins as investment manager in Birmingham and Baker is promoted to investment director in London
DevCo hires Intera's Laakso
Laakso will be responsible for sourcing and executing new investments in Nordic companies
GP Profile: Maven Capital Partners
Maven Capital Partners is celebrating its 10th anniversary in June 2019, following a busy year on all fronts
LP Profile: LGPS Central Limited
Local government pension schemes partnership recently launched its first PE fund, and is on its way to launching a second this summer
Swedish pension hires new CIO
Bernengo joins from the asset management firm Öhman Fonder, where he has served as a CEO
Massachusetts pension outlines PE strategy changes
Changes include increasing target allocation to PE within PRIT and committing up to $2bn to funds