CEE
GLOBAL - RBS drops global head of financial sponsors position
Royal Bank of Scotland has reportedly scrapped the position of global head of financial sponsors as a response to 'market conditions'. Fiona Paulus, who became global financial sponsors head last year, has been said to have moved to a new position as...
EUROPE - NBGI Venures boosts investment team
NBGI Ventures has hired John Milad to its investment team.
GLOBAL - Houlihan Lokey hires corporate finance MD
International investment bank Houlihan Lokey has hired Tad Flynn as managing director of corporate finance.
EUROPE/ITALY - Foresight expands European Solar Team
Foresight Group has strengthened its Solar Team with the appointment of Pietro Zerauschek as technical director in the firms Rome office.
SLOVENIA - Mid Europa acquires UPC
Mid Europa Partners has wholly acquired Slovenian cable and broadband operator UPC Slovenia from Liberty Global Inc.
EUROPE - Pomona Capital hires partner in Europe
International private equity firm Pomona Capital has appointed Oliver Gardey as partner.
Investment slide continues
After the lows witnessed in Q4 2008, many thought the only way was up for European private equity. But with the first quarter witnessing further contraction, many are now wondering if the market has finally hit the bottom
EUROPE - Commission proposals: a lucky escape
After the storm that followed the launch of the EU Commission's proposal for an Alternative Investment Fund Managers Directive the full text has finally been released, with one prominent lawyer describing the private equity industry as having had "a lucky...
CIS - EBRD may back Dragon's Virgin Fund
The European Bank for Reconstruction & Development (EBRD), the largest investor in Central & Eastern Europe, may invest up to $30m in the Europe Virgin Fund, a vehicle sponsored by Dragon Capital to invest in FMCG, retail, industrials, telecom, media,...
Rubbish deals
Prior to Lehman's collapse, the environment was one of the main issues on many government agendas. With dealflow all but dried up owing to financing difficulties, waste management stands out as a defensive sector
Commission proposals: a "lucky escape"?
After the storm that followed the launch of the EU Commission's proposal for an Alternative Investment Fund Managers Directive the full text has finally been released, with one prominent lawyer describing the private equity industry as having had "a lucky...
EUROPE - American Capital seeks buyers for European portfolio
American Capital is reportedly seeking a buyer for its European arm, European Capital, with the price tag thought to be around $2bn.
UK/NORWAY - Kenda merges three portfolio companies
Kenda Capital has merged three of the portfolio companies in its managed fund Shell Technology Ventures Fund I to create Tendeka, an oil and gas services business.
GLOBAL - Abbott Capital closes sixth fund-of-funds on $1bn
Abbott Capital Management has closed its latest private equity fund-of-funds, ACE VI, on just over $1bn.
EUROPE - Commission proposal launch lacks substance
At the time of writing the launch of the EU Commission's draft proposal covering private equity is still yet to be followed by the proposal itself, though this hasn't stopped it being greeted with a hostile response from industry trade bodies.
