Benelux
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 €150m.
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.
The road to succession
PricewaterhouseCoopers' 2007/2008 global family business survey shows intriguing results; one issue of particular interest is leadership succession in family-owned businesses. According to the results, half the respondents anticipated that their business...
Ready for restructure?
An economic slowdown and tightened liquidity are putting strain on portfolio companies. Private equity houses will need to initiate effective restructuring or see turnaround players and activist investors swoop for distressed assets, writes Nathan Williams
The best of times, the worst of times
Looking at the new state of the debt market
EUROPE - KKR fund mystery
Confusion surrounds the progress of fundraising for KKR's latest European vehicle today, with some reports suggesting a EUR 6bn final close and others reporting that the fund is still in the fundraising process.
Luxembourg – Nauta Dutilh appoints investment fund practice head
Nauta Dutilh has appointed Pierre Reuter to head the recently established investment fund practice.
GLOBAL - Summit closes two funds
Summit Partners has closed two funds,a Europe-focused private equity fund on €1bn and its fourth subordinated debt fund on $825m. This brings the total amount Summit Partners has available for investment in North America, Europe and Asia to almost $6bn.
EUROPE - EIIB creates private equity practice
The European Islamic Investment Bank has established a private equity and corporate advisory department based in London.
NETHERLANDS – NIBC acquires Busker Hei
NIBC Capital Partners has acquired a majority stake in sheet pile manufacturer Busker Hei. The founders hold the balance of the shares and Rabobank provided the debt for the transaction.