Benelux
Public markets and private equity
Conditions in the public markets present an opportunity on the acquisition front but restrict exit options
Infra a shock
The liquidity bubble came to define the term infrastructure and gave a false picture of market depth. Private equity firmsт keen on snatching a piece of the infrastructure pie should be warned: there may not be enough to go around.
GLOBAL – Partners closes EUR 447m mezz fund
Swiss-based asset manager Partners Group has reached a EUR 447m final close for its global mezzanine fund, soaring past the EUR 300m target. The fund has already made 11 investments in 2008, corresponding to 50% its capital.
WORLD - Covington & Burling appoint two
Covington & Burling LLP has appointed Timothy Clark and Loretta Shaw-Lorello as partners in the firm's corporate practice in New York. Clark will co-chair the firm's private equity practice.
EUROPE - EIF makes two appointments
The European Investment Fund (EIF) has appointed Richard Pelly as chief executive officer and Jean-Marie Magnette as deputy chief executive. Richard Pelly succeeds Francis Carpenter, whose term of office ended in February.
World - Capital Dynamics promotes Cynthia Duda
Capital Dynamics has promoted Cynthia Duda to managing director. Duda has over 20 years of private equity experience.
NETHERLANDS - Van den Ende & Deitmers invests in Hyves
Van den Ende & Deitmers has acquired a minority stake in Dutch social network Hyves via its fund Crossmedia.
EUROPE – DN Capital reaches EUR 50m first close
Unquoteт has learned from a limited partner that European early stage and growth equity investor DN Capital has reached a first close of its second fund, Global Venture Capital II (GVC II). The fund raised just under half of its EUR 100m target and should...
NETHERLANDS - Friesland Bank acquires 70% of Vandervalk+Degroot
Friesland Bank Investment has acquired 70% of Vandervalk+Degroot, formerly wholly owned by the Van der Valk family.
Slow but steady
From one month to another, deal figures remain surprisingly similar. Each issue brings its fair share of large deals involving pan-European funds showing interest in Dutch, Belgian or Luxembourg-based companies. They will be highly publicised by, and...
NETHERLANDS - Arsenal buys DSM Special Products
Arsenal Capital Partners has acquired DSM Special Products, a business unit of Royal DSM that manufactures specialty ingredients used in food, pharma and animal feed.
EUROPE - Bain Capital closes EUR 3.5bn buyout fund
Bain Capital has closed its third European buyout fund with a total of EUR 3.5bn in commitments.
LUXEMBOURG – GIC SI invests US$1.5bn in Sintonia SA
GIC Special Investments (GIC SI), the private equity investment arm of GIC, has acquired 3% of Sintonia SA for US$1.5bn. The vendor is Milan-based Benetton-owned company Sintonia SpA.
NETHERLANDS - Amadeus et al. invest EUR8m in Liquavista
In a series-B round funding, existing investors Amadeus, GIMV and New Venture Partners have injected EUR 8m in fabless display manufacturing company Liquavista. In November 2006, the company secured EUR 12m from the same group of investors.
EUROPE - EVCA data shows increased returns in 07
Private equity delivered increased returns for investors in 2007, with buyout funds the best performers, according to data from the European Venture Capital Association.
NETHERLANDS - EdRIP leads EUR 23m deal
Edmond De Rotschild Investment Partners has led a EUR 23m series-C financing round for therapeutic antibody company PanGenetics. The round also included contributions from existing investors Index Ventures, Forbion Capital Partners and Credit Agricole...