Benelux
Carried interest tax debate re-kindled
Carried interest earned by private equity GPs is taxed as capital gains, not as income: thatтs just the way it is. The Obama administration promised to end this tax break, but the reform was quietly swept under the carpet. However, the debate looks likely...
unquote" mobile site launched
unquoteт has launched a mobile friendly version of its website, allowing subscribers to check on all the latest deal and industry news while on the move.
AAC Capital Partners acquires Orangefield
AAC Capital Partners has acquired a majority stake in independent trust service provider Orangefield Trust.
Asia's growing importance in European M&A
The sale process surrounding 3i portfolio company Hyva would not only be a major exit for the investor, but demonstrates the increasingly global nature of M&A. The proposed тЌ600m sale has received interest from not only European private equity houses,...
HgCapital backs the buyout of ATC Group
HgCapital has agreed to acquire a majority stake in Dutch provider of corporate services to industrial and financial multinational ATC Group.
A new dimension
Although the secondaries market has increased substantially in size over the past few years, little progress has been achieved in making transaction processes more efficient and transparent. This could be about to change as Emanuel Eftimiu finds out....
Sun European acquires Maxeda departments
Sun European Partners has acquired the V&D stores and La Place restaurants from Maxeda Retail Group.
BC-backed Fitness First sells off Dutch arm
BC Partners-backed gym chain Fitness First has sold the Dutch arm of its business to fitness club operator HealthCity International.
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years....
The Silver Lining
The cost of the recession to private equity has been all too evident, but is there a silver lining? As we move into a period of increased movement on the exit front, some investors believe a greater understanding of what makes portfolio companies tick...
3i sale of Hyva enters second round
3i’s sale of Dutch hydraulic cylinder producer Hyva has entered the second round, with private equity firms and trade buyers among the bidders, according to reports.
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised тЌ259m of commitments.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on тЌ420m.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Just like old times?
The latest unquoteт Private Equity Barometer had some startling figures in stock. A whopping тЌ21.4bn worth of buyouts were recorded in the third quarter this year т almost double the тЌ11.3bn seen in Q2 and by far the highest figure since the тЌ21.6bn...
Aescap Venture, De Hoge Dennen and Jeroen Cammeraat invest in i-Optics
Aescap Venture, De Hoge Dennen and private investor Jeroen Cammeraat have invested €4.2m in i-Optics.
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route....
Vendis Capital invests in Eyes and More
Vendis Capital has reached an agreement to invest up to €12m in Dutch optical chain Eyes and More.
Fundraising: The importance of the placement agent
In such tough fundraising conditions, the role of the placement agent has become increasingly important. Emanuel Eftimiu talks to HarbourVestтs George Anson and Mounir Guen of MVision about the current fundraising market and what LPs expect in this new...
Fun-raising: PE runners seek €2.5m
GPs including 3i, Apax, Arcus, Bridgepoint, Capvis, Coller, Meridiam and Platina have joined forces to raise тЌ2.5m. LPs Adams Street, Capital Dynamics, Partners Group, Pantheon and Pomona are also taking part, with Campbell Lutyens, Ernst & Young, PEI...
Private equity giants reportedly eyeing ING unit
ING REIM, the Dutch bank's internal real estate investment unit, is reportedly attracting interest from private equity investors, including KKR and Apollo Management.
AIFM: The end of a long road
With todayтs news that European Parliament negotiators have agreed on the final text of the Alternative Investment Fund Managerтs Directive (AIFM), the private equity industry can look forward to greater certainty about the regulatory environment going...
Legislators agree on final text for AIFM
European legislators have finally agreed on the Alternative Investment Fund Managerтs Directive (AIFM).