CEE
CIS – Aureos invests USD 10m into Leasing Group
Aureos Central Asia Fund has invested USD 10m into Kazakhstan-based Leasing Group, taking a majority stake in the business.
EUROPE - 3i reports 40% drop in new investments
3i Plc has announced a year-on-year drop of almost 40% in new investments for the five months to 31st August, which fell to £622m in 2008 compared to more than £1bn for the same period in 2007.
EUROPE - Permira hires new senior adviser
Permira has hired David Williams as a senior adviser in the industrial and product services sector.
EUROPE - Kleinwort Benson appoints new head of alternative assets team
Kleinwort Benson has appointed Alexandre Pigault as new head of alternative assets research.
EUROPE - Private equity attracted to logistics
According to a new study by PricewaterhouseCoopers, private equity buyers are increasingly targeting investments in the transport distribution and logistics sectors.
CEE - Argo opens Era Shopping Park
Argo Group, through its fund Argo Capital Partners I, alongside local developer Omilos Group have opened the Era Shopping Park in Romania.
EUROPE - European Commission to discuss transparency proposals
The European Parliament today voted to send the Lehne and Ramussen reports on the transparency of institutional investors to the European Commission for discussion.
GLOBAL - Permira appoints senior adviser
Permira has appointed David Williams, former CEO of SIG Plc, as senior adviser.
EUROPE – European Parliament demands greater transparency
MEPs are demanding tough new regulations to force greater transparency from hedge funds and private equity groups.
GLOBAL - KKR hires new MENA head
Kohlberg Kravis Roberts & Co (KKR) has appointed Makram Azar as managing director and head of Middle East and North Africa (MENA).
RUSSIA - Deutsche Bank acquires stake in UFG
Deutsche Bank's asset management division has taken a stake in Russia-based UFG Asset Management as part of a new strategic partnership between the two businesses.
GLOBAL - HIG appoints former Apax exec
HIG Capital has appointed Tim Armstrong as managing director.
LITHUANIA - MVC and RC acquire FIMA
MVC Capital Inc and Riga Capital SARL (RC) have acquired engineering company FIMA UAB. The value of the deal was undisclosed, but the two firms made an equity investment of USD 28.1m to support the transaction.
CEE - Figures reveal strong investment growth
According to reports, figures released by MKME, the Hungarian venture capital association, reveal strong growth in private equity activity in the CEE region, with the total value of investments more than doubling from EUR 1.2bn in 2006 to EUR 3.1bn in...
RUSSIA - Aurora Russia appoints new chairman
Aurora Russia has appointed Dan Collinson Koch as its new chairman.
GLOBAL - Lehman Brothers restructures management team
Lehman Brothers is restructuring its management team, appointing Eric Felder and Hyung Soon Lee as global co-heads of fixed income to replace Andrew Morton, who is leaving the firm after just seven months in the position.
CEE - Nexus launches venture fund
According to reports, Croatia-based Nexus Private Equity Partneri has launched a new venture fund, Nexus Alpha.
GLOBAL - Bear Stearns Private Equity re-brands
Bear Stearns Private Equity Ltd will change its name to JP Morgan Private Equity Ltd (JPEL).