Benelux
Novitas hires Vareika; opens Luxembourg office
Corporate finance advisory firm Novitas Partners has hired Michale Vareika to head up its new Luxembourg office.
Taking stock of asset-based lending
ABFA's latest stats show a decrease in asset-based lending last year. But there are promising signs that the demand for this product could rise in 2010. Deborah Sterescu reports.
French PE subsidiaries change hands
Consolidation in the French private equity market continues at pace: Natixis is closing in on a deal with Axa Private Equity over the sale of a part of its private equity division, while the IDI Group has acquired AGF Private Equity from Allianz France.
CalSTRS appoints director of private equity
CalSTRS, the California State Teachers' Retirement System, has named Margot Wirth as director of its $16.8bn private equity portfolio.
EVCA survey points to AIFM danger
While many had been nervously anticipating the decision on the AIFM directive today, it seems that everyone will have to wait a little longer, as the topic was taken off the agenda at the EU finance ministers' meeting, in what is seemingly a positive...
Adveq hires Hricko and de Vaivre
Global fund-of-funds Adveq has appointed Tomas Hricko as head of its new product management and development team, and Alexandre de Vaivre as executive director and head of Adveq's European client relations.
Gimv-XL closes on €609m
European investment company Gimv has announced the final closing of its latest vehicle Gimv-XL fund at €609m.
Online retail added to basket
The retail sector has seen increasing dealflow of late with the online sub-sector remaining largely unaffected by economic woes. Mareen Goebel investigates
KKR plans $7.5bn IPO
KKR is planning an IPO on the New York Stock Exchange, according to a regulatory filing today, giving the group a market capitalisation of $7.5bn.
The public-to-private riddle
Public-to-privates appear to be back in vogue. But why were they so conspicuously absent when stock prices were bottoming out and why are they back now on the back of a prolonged rally? Ashley Wassall investigates
EVCA conference: clear and present danger ahead
The EVCA conference examines the state of private equity and highlights the threat posed by the AIFM directive. Emanuel Eftimiu reports from Geneva
Venture away
Let’s face it, European venture has not got the best standing with global LPs – a result of the tech bubble bursting a decade ago. Although the market should be defined as maturing by now, such generalisations are not easily applicable to a continent...
Fundraising set for 2010 uptick after defiant year
According to figures to be published in the upcoming European Fundraising Review 2010, fundraising in the Benelux region has remained resilient in 2009 in spite of the downturn.
Private equity puts retail on the shopping list
Quite surprisingly, the retail sector has been generating significant interest from private equity as of late, indicating that this area of the market has the potential to return to its pre-credit crisis glory. Deborah Sterescu reports.
Advent appoints operating partner for health sector
Advent International has appointed Christian Grenier as operating partner. He will provide advice on investment opportunities in the healthcare and specialty chemical sectors.
Advent names new head of LP services
Advent International has appointed Robert D Brown as managing director and global head of limited partner services.
Carlyle appoints Morgan Stanley's Petrick to new role
The Carlyle Group has hired Michael Petrick as managing director and global head of credit alternatives and capital markets.
Institutional investors raise the bar on climate change
The Copenhagen Climate Summit is widely considered a failure in terms of regulation, as no real consensus was reached. This is not to say, however, that all hope should be lost. By Francinia Protti-Alvarez
Pohjola’s Selected Private Equity Funds II reaches first closing on €97m
Finnish based, pan-European private equity fund of funds manager Pohjola Private Equity Funds has reached the first closing of its Selected Private Equity Funds II (SPEF II) on €97m.
Advent International opens office in NY; Franks relocates
Advent International has announced that it will be opening an office in New York this month and as a result, managing director Tim Franks will relocate from London to lead the new office.
Trade sales make roaring start to 2010
While many companies are still waiting in the IPO wings, trade sales seem to be the preferred exit option in the UK these days. Deborah Sterescu investigates
IIGCC launches guide for private equity community
The Institutional Investors Group on Climate Change (IIGCC) today launched a guide on climate change aimed at private equity investors.
Augentius appoints new MD
Fund administrator Augentius has appointed Glyn Thomas as managing director of its Guernsey office.
Alvarez & Marsal expand services across Benelux
International bankruptcy advisory firm Alvarez & Marsal (A&M), appoints two to its Benelux practice as it broadens its service offering across the region.