Benelux
EUROPE - Nomura raising new EUR 400m mezzanine fund
The European arm of Japanese Investment bank Nomura has begun raising a new EUR 400m mezzanine fund for Europe.
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
BELGIUM – GIMV completes exit from Westerlund
GIMV and the Westerlund family have sold their remaining shares in Belgian port operator Westerlund Group to infrastructure investment fund Babcock & Brown, which acquired a minority stake in the group last December. The deal makes Babcock & Brown the...
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...
EUROPE – Keravac joins Campbell Lutyens from Calyon
Unquoteт can reveal that Jean-Phillppe Keravec is to join private equity advisory firm Campbell Lutyens in June as a partner. Keravec joins the practice from Calyonтs private placement team.
NETHERLANDS – Waterland acquires a stake in Aevitae
Waterland has acquired a stake in Dutch financial intermediary Aevitae for an undisclosed sum.
NETHERLANDS – Lazard eyes Arcomet
According to reports, the private equity arm of Lazard and Sofina may be set to acquire a stake in crane company Arcomet. The news follows the launch in June 2007 of a sale process to find a new partner for the business.
GLOBAL – Morgan Stanley close USD 4bn fund
Morgan Stanley has announced the closing of a USD 4bn private equity fund dedicated to infrastructure projects. The fund far exceeded its initial USD 2.5bn target and is one of the largest infrastructure funds raised to date.
GLOBAL – Cerberus seeks Eastern alliance
According to sources Cerberus Capital Management, is in the midst of talks with Chinese sovereign wealth fund CIC about a possible co-operation agreement. The talks come on the heels of CICтs investment in Blackstone last year, under the terms of which...
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for ТЃ26m.
NETHERLANDS – KBC sells 28% of Corelio
According to sources, KBC has sold 28% of Belgian newspaper publisher Corelio. The deal value is unknown, however the company is thought to be worth in the region of EUR 165m, which would mean that the private equity house's stake is worth approximately...
EUROPE - ACP plans to raise €150m
ACP Mezzanine Ltd has announced plans to raise тЌ150m in a secondary share placement to fund its strong deal pipeline.
NETHERLANDS - Babcock & Brown opens in Amsterdam
Investment & specialised fund and asset management group Babcock & Brown is to open an office in Amsterdam, which will be headed up by Rob Oudman.
LUXEMBOURG – European Capital invests EUR 28m in IIE
Through its wholly-owned subsidiary ECAS, European Capital has made a EUR 28m mezzanine investment into International Electronics and Engineering (IEE), a developer of safety-critical sensing solutions for the automotive industry. The investment supports...
EUROPE – PAI close EUR 5.4bn fund
PAI partners has held the final close of PAI Europe V on EUR 5.4bn. The fund is the largest ever raised in Continental Europe.
GLOBAL - BC Partners to bid for Kroll
It was reported today that BC Partners has recruited David Buchler, former chairman at restructuring business Kroll, now at security group Marsh & McLennan, to lead the buyout of Kroll.
EUROPE - Headway closes fund
Headway Capital Partners has closed its second private equity secondaries fund, Headway Investment Partners II, LP at тЌ150m.
EUROPE - European Capital to halt equity investing
Reports today suggest that European Capital, the private equity arm of alternative asset manager American Capital, is to cease its European buyout activities at the behest of its parent due to the worsening economic climate.
EUROPE – Houlihan Lokey names new VP debt advisory team
Houlihan Lokey, the international investment bank, has announced the appointment of Richard Clark as vice president in the Debt Advisory team.