Benelux
BELGIUM - Gimv backs Demonstrate
Gimv has acquired an option to a part of the shares of marketing business Demonstrate.
EUROPE - BPE spin-off – still no firm agreement
Following speculation since before Christmas, unquote" can confirm that Barclays Private Equity is indeed inching closer towards independence. Though the firm is "sounding out views of its investors", there is as yet still no agreement in place, according...
NETHERLANDS - H2 Equity Partners interested in Golden Tulip
According to reports, Dutch private equity firm H2 Equity Partners would be among those interested in acquiring struggling hotel chain Golden Tulip.
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.
Europe/US - Peter Schweinfurth launches Gulf + Eastern Advisors firm
Private equity professional Peter Schweinfurth has formed private merchant advisory firm Gulf + Eastern Advisors.
EUROPE - Private equity and SWFs circle GM Europe
According to reports, sovereign wealth funds and private equity firms are showing an interest to acquire a stake in the European business of US carmaker General Motors.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
BELGIUM - Gimv strengthens tech team
Gimv has appointed Marc Van Sande to the Advisory Board of Gimv Technology.
Candover reveals full extent of downturn
Pioneering buyout house to downsize fund and cut staff as portfolio halves in value. Ashley Wassall reports
PE set to become PR nightmare: EVCA forum
Ashley Wassall reports from Geneva
Private equity to be public relations nightmare
Ashley Wassall reports from Geneva
NETHERLANDS - KKR-backed NXP in $600m debt swap
Creditors of KKR-backed Dutch semiconductor business NXP have agreed to swap approximately $600m of loan notes for new secured bonds, in a move which sees the company's debt reduced by around $465m.
GLOBAL - Google launches $100m venture fund
Search engine Google has set up Google Ventures, a $100m venture capital fund designed to invest in early-stage companies.
EUROPE - EVPA hires MD
The European Venture Philanthropy Association (EVPA) has hired Beate Trück as managing director.
BELGIUM - Gimv invests in Bananas BC
Belgian private equity house Gimv has made an undisclosed investment into marketing business Bananas BC.
EUROPE - Price joins Candover as general counsel
Philip Price, formerly with hedge fund SRM Global, has joined Candover Investments as general counsel.
EUROPE - Silverfleet’s Paramount trouble a blip
Silverfleet Capital has called in debt advisers for its portfolio company Paramount Holdings, a UK-based restaurant group which saw its pre-tax loss increase to £27m in the year to June 2008, up from £12m the previous year.
BELGIUM - Gimv invests EUR 75m into Vandemoortele Group
Gimv, through its XL fund, is to invest EUR 75m into food business Vandemoortele Group.
EUROPE - 3i Infrastructure stays solid
Following the stark pre-close period statement released by 3i Group plc yesterday the firm's infrastructure arm published a contrastingly bright statement today, revealing steady investment activity and strong performance.