Industry
Electra fails to find buyer
Development comes at the end of a formal sale process seeking buyers for the firm or its portfolio
Benelux industrials booming and primed for internationalisation
Sector soars past consumer in terms of aggregate value of H1 buyouts, having historically attracted similar levels of PE backing
AP3 increases allocation to PE
SEK 353bn state-owned pension fund announced a total return of 3.3% from its entire portfolio
Certior holds €51m first close for Credit Opportunities Fund II
Fund focuses on the European SME direct lending segment, in particular in seeding emerging managers
Maples and Calder appoints seven new partners
Firm also appoints three counsel in its Cayman Islands and Dublin offices
Northern Pool launches £720m PE vehicle
Pooled fund is designed to reduce fees and reliance on funds-of-funds, while boosting co-investment
Healthcare under observation among European GPs
Digitalisation and vendors that are increasingly receptive to PE are providing opportunities in the sector
Alternative investments deliver strong returns for AP2
Private equity represents roughly 5% of pension fund's portfolio, up from 1% in 2008
Genesis hires senior investment analyst
Tomáš Sýkora will be responsible for finding investment opportunities and overseeing portfolio companies
Summa Equity hires Anna Ryott as chair
Board of directors will include several newly elected members with backgrounds in sustainability
Nordics investors remain active but cautious
H1 buyouts drop in the Nordic region after a busy 2017 as SBOs and trade sales take off
Aurelius opens new London office, appoints two
GP launched its London office five years ago and has since grown it from five to 20 employees
Standard Chartered to sell PE division in ICG-backed deal
Transaction will see ICG acquiring $1bn of assets from the vendor and injecting fresh capital
Penta-backed GRP buys Digney Grant
GRPтs Irish division Abbey Bond Lovis, a retail broking specialist, buys a majority stake
International appetite for Spanish deals soars in H1
Country's dealflow and aggregate value both reached record or near-record levels in H1, with international GP's fueling mid- and large-cap activity
Weekly round-up: PE hot for insurance sector; French mid-cap seeks new approaches; and more
Catch up on essential news and features from this past week with our round-up of industry analysis
PE outperforms other alternatives for foundations – report
More than 220 foundations participated in the study, representing around $104bn of assets
Mercer acquires Pavilion Financial
As part of Mercer, Pavilion's clients will have access to the firm's investment capabilities
Florida pension fund PE returns beat benchmark
Private equity has driven results for the entire portfolio, which returned 8.98% for the same period
Rede hires Amala's Simpson
Rede's seventh hire this year, most recently following the appointments of Joseph and Camacho
PE drives returns for Maryland pension fund
Public pension fund has also increased its allocation to private equity to 12.5%
Headway invests in restructuring of Alter Capital fund
GP established a new vehicle, Alter Cap II, to purchase the fund’s portfolio and provide capital
PE delivers best returns for Keva
Finnish pension fund announces it generated returns of 7.3% from its private equity portfolio
French mid-cap seeks new approaches as competition heats up
Buy-backs edge into the French mid-market, as H1 activity hits record highs and entry multiples swell