CEE
Jockeying for position
A private equity landscape in subsidence, a barren fundraising market and stateside-kickback scandals: placement agents are having to change their modus operandi. By Ashley Wassall
Latvia in focus
A grim macroeconomic outlook has dominated the headlines from the Baltics of late. Nordic unquote" invited Latvian Venture Capital Association chairman and BaltCap investment manager Astra Neimane to give her thoughts on private equity prospects in Latvia...
Caution ... is key
Director of private equity at SVG Advisers, Sam Robinson, speaks on LPs' decreased appetite for risk and the need to make vehicles more efficient in this economic climate. By Sam Robinson, SVG Advisers.
EUROPE - NB Private Equity lists on SFM
Euronext-listed NB Private Equity Partners (formerly Lehman Brothers Private Equity) has announced the admission of its class A ordinary shares to the Specialist Fund Market (SFM) of the London Stock Exchange, effective this morning.
EUROPE - EVCA task force calls for EUR 1bn threshold
Two months on from the launch of the European Commission's proposed Alternative Investment Fund Manangers (AIFM) Directive, the EVCA Brussels Task Force has published its formal response, which calls for an increased in the minimum qualifying threshold...
GLOBAL - KKR to merge with KPE
Private equity giant KKR has announced that it will go through with a planned merger with its Amsterdam-listed fund KKR Private Equity (KPE), though a subsequent floatation on NYSE is still likely to be some way off.
GLOBAL- Madison's Mosher to retire
According to reports, Madison Dearborn Capital Partners co-founder David Mosher is to retire after 17 years at the firm.
Due diligence: Levelling the playing field
In a market dominated by distressed sales and complex restructuring operations, the role of intermediaries has taken on renewed significance, writes Ashley Wassall
In rude health
The is currently something of a buzz around the healthcare sector, but there may not be opportunities for all. By Ashley Wassall
EUROPE - Sun Capital loses managing director
Philip Dougall, managing director of Sun Capital Partners Europe, has resigned after six years with the firm.
EUROPE - Marwyn to launch recovery fund on SFM
Investment and advisory group Marwyn intends to launch a UK-based recovery fund on the Specialist Fund Market (SFM) of the London Stock Exchange, The Marwyn Alternative Capital Fund, which will be aimed at businesses suffering depressed valuations as...
GLOBAL - KKR may not float
Reports suggest that private equity firm Kohlberg Kravis Roberts & Co (KKR) is rethinking its plans to float on the NYSE.
CZECH - CCMP and Bancroft look for buyers for Nowaco
According to reports, private equity firm CCMP Capital Advisors is seeking a buyer for its chilled and frozen food distributor Nowaco Central Europe, with the price tag thought to be around EUR 250m.
RUSSIA - UFG holds first close of second fund on $150m
UFG Asset Management has held a first closing of its second Russia-focused private equity fund, UFG Private Equity Fund II, on $150m.
GLOBAL - Barclays accepts BlackRock's offer for BGI
Barclays' board of directors has accepted BlackRock's offer to acquire its asset management division Barclays Global Investors (BGI), with the price tag thought to be around $10bn.
POLAND - Enterprise Investors acquires PLN 16m Web Inn
Enterprise Investors has wholly acquired IT sourcing business Web Inn in a deal valued at PLN 16m (EUR 3.6m).
EUROPE - Cipio holds first close of Fund VI on EUR 61m
Secondary direct player Cipio Partners has held a first closing of Cipio Partners Fund VI on EUR 61m, targeting EUR 200m.
EUROPE - Bridgepoint appoints Stephen Green as partner
Private equity firm Bridgepoint has appointed Stephen Green as partner and head of its European financial services sector team.
GLOBAL - LPs suggest trouble ahead
A quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls; industry LPs reveal their sombre side.
Secondaries Salvation
The swathe of money pumping into secondaries will prove a savior, not a bubble. Cash-rich specialists can help teams looking to spin out of distressed parents, as well as borderline LPs pushed over the edge this autumn as GPs call in capital. By Kimberly...