CEE
CEE – Private equity houses withdraw from Euromedic auction
Five of the nine private equity houses that had shown interest in Warburg Pincus-owned Hungarian healthcare group Euromedic have reportedly declined raising first round bids in the auction process, which is being led by Rothschild.
RUSSIA - Alfa expands private equity team
According to sources, Russian private equity adviser Alfa Capital Partners has recruited four new executives, increasing its private equity team to 28.
CEE – Genesis launches EUR 60m fund
Genesis Capital has launched a second fund dedicated to investments in the Czech and Slovak Republics with a target of EUR 60m.
EUROPE - Nomura raising new EUR 400m mezzanine fund
The European arm of Japanese Investment bank Nomura has begun raising a new EUR 400m mezzanine fund for Europe.
CEE – Capital International closes USD 2.25bn fund for emerging markets
Capital International has closed its fifth fund dedicated to emerging markets on USD 2.25bn.
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
CEE – JPMorgan- and Deutsche Bank-backed Cadogan to float
According to sources, Ukrainian gas exploration and production company Cadogan Petroleum plans to raise £125m through a listing on the London Stock Exchange next month. The private equity funds of JPMorgan and Deutsche Bank are two of the company's investors.
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...
EUROPE – Keravac joins Campbell Lutyens from Calyon
Unquote” can reveal that Jean-Phillppe Keravec is to join private equity advisory firm Campbell Lutyens in June as a partner. Keravec joins the practice from Calyon’s private placement team.
CEE – ARX targeting EUR 125m for third CEE fund
ARX is raising its third fund dedicated to Central and Eastern Europe, Arx CEE III, with a target of EUR 125m, of which the European Bank for Reconstruction and Development will commit up to EUR 30m.
GLOBAL – Morgan Stanley close USD 4bn fund
Morgan Stanley has announced the closing of a USD 4bn private equity fund dedicated to infrastructure projects. The fund far exceeded its initial USD 2.5bn target and is one of the largest infrastructure funds raised to date.
GLOBAL – Cerberus seeks Eastern alliance
According to sources Cerberus Capital Management, is in the midst of talks with Chinese sovereign wealth fund CIC about a possible co-operation agreement. The talks come on the heels of CIC’s investment in Blackstone last year, under the terms of which...
UK/GERMANY - Exponent investee company buys Hobsons
Target Holdings Ltd, a recruitment business and portfolio company of Exponent Private Equity, has acquired UK- and Germany-based graduate recruitment business Hobsons Plc for £26m.
CEE - EBRD to invest USD 94m in Kazakh private equity fund
The European Bank for Reconstruction and Development (EBRD) is to invest up to USD 94m in Kazakh private equity fund The Kazakhstan Growth Fund for a maximum holding of 50% minus one share.
CEE – First Reserve and Crossroads complete NWR IPO
First Reserve Corporation and Crossroads Capital Investment have completed the listing of mining company New World Resources' (NWR) on the London, Prague and Warsaw Stock Exchanges.
RUSSIA - CVCI sells NLC for EUR 200m
Citigroup Venture Capital International (CVCI) and RosEvroGroup have sold a 90% stake of National Logistic Company (NLC), a warehousing services provider, to Finland-based Itella Group for approximately EUR 200m, with RosEvroGroup retaining a 10% holding....
EUROPE - ACP plans to raise €150m
ACP Mezzanine Ltd has announced plans to raise €150m in a secondary share placement to fund its strong deal pipeline.
CEE - Private equity consortium acquires GTS CE
A consortium led by Columbia Capital, M/C Venture Partners and Innova Capital has wholly acquired telecom service operator GTS Central Europe for an undisclosed sum. The consortium also includes HarbourVest Partners, Oak Investment Partners and Bessemer...
CEE – Arcapita acquires Pinnacle Real Estate
Arcapita has acquired Pinnacle Real Estate, a developer and operator of logistics warehouses in Central and Eastern Europe, from Merrill Lynch for an undisclosed sum. The deal includes 230,000 square metres of leased warehouses and a land bank of nearly...
EUROPE – PAI close EUR 5.4bn fund
PAI partners has held the final close of PAI Europe V on EUR 5.4bn. The fund is the largest ever raised in Continental Europe.
GLOBAL - BC Partners to bid for Kroll
It was reported today that BC Partners has recruited David Buchler, former chairman at restructuring business Kroll, now at security group Marsh & McLennan, to lead the buyout of Kroll.
EUROPE - Headway closes fund
Headway Capital Partners has closed its second private equity secondaries fund, Headway Investment Partners II, LP at €150m.
EUROPE - European Capital to halt equity investing
Reports today suggest that European Capital, the private equity arm of alternative asset manager American Capital, is to cease its European buyout activities at the behest of its parent due to the worsening economic climate.
EUROPE – Houlihan Lokey names new VP debt advisory team
Houlihan Lokey, the international investment bank, has announced the appointment of Richard Clark as vice president in the Debt Advisory team.