CEE
GLOBAL - IPEV publishes updated valuations guidelines
The International Private Equity and Venture Capital Valuation (IPEV) Board published its updated version of the Private Equity Valuations Guidelines today. Significantly, the updated version highlights the importance of consistency with international...
GLOBAL - KPS tops up third fund by USD 800m
Turnaround specialist KPS Capital Partners has increased the size of its Fund III from its original USD 1.2bn to USD 2bn.
HUNGARY - Permira's BorsodChem eyed by Chinese chemical group
It is understood that Wanhua Industrial Group is in talks with Permira's BorsodChem to take an equity stake in the Hungarian business. According to reports, the Chinese chemical group has already acquired EUR 200m of the company's mezzanine debt from...
CEE - Arx Equity holds EUR 102m second close
Arx Equity Partners (Formerly know as DBG Eastern Europe) has held a EUR 102m second of its EUR 125m third fund, Arx III.
GLOBAL - Advent International appoints three new partners
Advent International has hired three operating partners to advise the firm on investment opportunities in the technology and telecoms sector: Richard Atkins, Sergio Giacoletto and John Hughes.
EUROPE - Entertainment Capital Advisers launched
Premila Hoon, former global head of media and entertainment structured finance at Societe Generale, has co-founded Entertainment Capital Advisors (ECA), a specialist media and entertainment strategic and financial advisory firm.
EUROPE/UK - OMERS appoints senior MD from 3i
OMERS Private Equity has appointed 3i's Mark Redman as senior managing director of Europe.
ROMANIA – GED backs Total with EUR 12m
GED has backed Romanian cleantech firm Total Eurobusiness with a EUR 12m investment.
CZECH REPUBLIC - Enterprise Investors opens in Prague
CEE-focused private equity house Enterprise Investors (EI) has opened a new office in Prague, which will be headed up by Ivan Jakubek.
ESTONIA/AUSTRIA - Conor et al. in EUR 2.5m seed round for Crystalsol
Conor Venture Partners and Energy Future Invest have, alongside Enterprise Estonia, Austria Wirtschaftsservice and the Austrian Research Promotion Agency, provided EUR 2.5m in seed funding for semiconductor business Crystalsol OÜ.
The Big 3
Rikke Lilla Eckhoff talks to Katharina Lichter, a managing director and head of research at Capital Dynamics, about succession issues, spin-out teams and the bid-ask spread on secondaries
Strange bedfellows
Not so long ago, corporates and private equity firms were arch rivals in many hotly contested auctions. Could the lack of liquidity in today's market, volatility and poor visibility encourage erstwhile contenders to consider joining forces?
GLOBAL - Carlyle appoints leveraged finance MD
International investment house Carlyle Group has today announced the appointment of Debra Pedersen as managing director in the firm's New York-based global leveraged finance team, focusing on investor relations and fundraising.