CEE
European Fundraising Review
The essential guide to fundraising in Europe
Impotent revolution
Despite calls for an upheaval to fundraising terms, things are set to change incrementally at best as guidelines prove little more than wish lists. Kimberly Romaine reports
The banks are back ... or are they?
A lack of leverage does not persist. By Deborah Sterescu
Q3 2009 unquote" Private Equity Barometer
Recovery gathers momentum as stabilisation continues
CZECH/POLAND - ARX backs opthamology bolt-on
CEE GP ARX Equity Partners has backed its Czech portfolio company Lexum Group in its acquisition of Intermedica, a private Polish opthamology chain.
EUROPE - Nordic Mezzanine holds EUR 320m close of third fund
Nordic Mezzanine has held a final close of Nordic Mezzanine Fund III on EUR 320m, an increase in fund size of 30% compared to its predecessor.
EUROPE - EVCA appoints Roberts to chief commercial officer
EVCA has appointed Mark Roberts to the newly created position of chief commercial officer.
EUROPE - Law firms Buse Heberer Fromm and Spitzweg to merge
European law firms Die Buse Heberer Fromm and Spitzweg have agreed to merge, effective 1 April 2010.
GLOBAL - Hermes creates PE advisory service for responsible investing
Institutional investor Hermes has established a service designed to advise private equity firms on implementing responsible investment principles and good corporate governance, hiring Tom Rotherham as associate director of the new business.
US/EUROPE - Atlas Venture to consolidate in Boston
Atlas Venture has announced that during 2010, the firm will streamline all of its operations from a new office in Boston.
EUROPE - Exciting times for venture
Venture's simple business model of providing equity without relying on cheap finance or financial chicanery stands it in good stead for the future, argues Index Ventures' Ben Holmes in a recent video with unquote's Rikke Eckhoff.
CEE - Mid Europa promotes six
Central European specialist investor Mid Europa Partner has promoted six of its team members.
EUROPE - London to be worse hit if AIFM goes through
The call for tighter regulation of the private equity markets, is likely to "hit London far more than anywhere else" says Clare Grayston, partner at Nabarro in a recent video interview with unquote". See the video on www.unquote.com .
GLOBAL – Unigestion's Secondary Opportunity II hits EUR 135m first close
Privately-owned asset manager Unigestion has held a first close of Unigestion Secondary Opportunity Fund II on EUR 135m.
UK – BC Partners looking to raise EUR 5.8bn for new fund
BC Partners is reportedly planning to raise a new EUR 5.8bn fund, proof that the large-cap sector could be reviving.
EUROPE - Carlyle makes senior promotions across Europe
Buyout house Carlyle has promoted 33 professionals to senior positions across its offices globally, with four in the firm's London office.
EUROPE - HgCapital to close sixth fund on £1.85bn
Mid-market investor HgCapital is close to a final close of almost £2bn for its sixth buyout fund, above its original target.
GLOBAL - Blackstone raises $9bn so far for its sixth fund
According to reports based on a letter to its investors, Blackstone has so far raised about $9bn for its sixth buyout fund, BCP VI, and is hoping to hold a final close of the vehicle in June.
CEE - First turnaround fund for CEE secures EUR 36m
The European Bank for Reconstruction & Development (EBRD), Central and Eastern Europe (CEE)'s largest limited partner, has teamed up with the IFC and asset manager CRG Capital to launch the region's first restructuring fund with initial commitments of...
GLOBAL - Big Apple pensions ripe for private equity
New York City, which boasts a pension pot of $96.4bn, is reportedly naming a private equity veteran to look after its investment, triggering conjecture that the city may put more money to work in the asset class which spent most of last year plagued by...