CEE
EUROPE - WINNERS ANNOUNCED for Deutsche unquote” Private Equity Awards
Deutsche unquote” is delighted to announce the winners of the first ever awards for German Private Equity, held last night at the Renaissance Zurich Hotel, Zurich. The inaugural event immediately followed on from a day-long Congress dedicated to discussing...
EUROPE - Private equity beware the peeping Toms
In today's environment of increasing calls for transparency, one must discern between reasonable requests for information, and those that simply satisfy curiosity or are driven by an ideological agenda, according to Allianz Capital Partners CEO Thomas...
EUROPE - EVCA concerns over Walker review
EVCA has responded forcefully to the ending of Sir David Walker's consultation period into transparency and disclosure in UK private equity.
EUROPE – THIS THURSDAY - Deutsche unquote” Congress & Awards – 11 October
unquote” is delighted to announce its second annual Deutsche unquote” Private Equity Congress & Awards this Thursday, 11 October 2007, in Zurich. The Congress brings together industry experts to discuss how to stay ahead of the game in this dynamic...
TURKEY - KKR completes $1bn+ shipping company buyout
KKR -owned newco Trieste Bidco Denizcilik ve Tasimacilik A.S. has acquired 97.6% of the shares in U.N Ro-Ro Isletmeleri A.S. and majority shareholdings in each of its three affiliates (together the U.N. Ro-Ro Group). The transaction values the U.N Ro-Ro...
EUROPE - Fundraising for corporate venturing reached EUR 412m in 2006
European venture independent fundraising reached EUR 412m in 2006, the highest level since the 2000 boom, according to data collected for EVCA's Corporate Venturing Survey. The industry body released the figures at its 10th annual forum taking place in...
EUROPE - EVCA Venture forum sets out venture strategy
EVCA announced a venture capital Action Plan and 100 days of activities as part of its strategy for European venture, at its 10th Annual Venture Capital Forum, held in Stockholm today. The meeting of venture industry figures from across Europe is the...
CEE - Argan Capital to sell Polish juice producer Hortex for EUR 300m
It is widely reported that Argan Capital , formerly the private equity arm of Bank of America before spinning out in 2006, is looking to sell Hortex, a Polish juice and frozen food producer. The private equity house had been considering floating the...
RUSSIA - Aurora Russia invests a further £10m into Kreditmart
Aurora Russia has invested a further £10m into Kreditmart, a finance company that distributes mortgages, equity release loans and other consumer finance products. The company was set up by Aurora Russia, which invested £12.5m in 2006.
CEE - Enterprise Investors partially exits Magellan in an IPO on the Warsaw Stock Exchange
Enterprise Investors ' Polish Enterprise Fund IV has partially exited its stake in Magellan in an IPO on the Warsaw Stock Exchange.
RUSSIA - DFJ and VTB team up to launch Russian venture capital fund
Draper Fisher Jurvetson (DFJ), the international high-technology venture capital firm, has partnered with Russian commercial banking group VTB to form a new Russian venture capital fund, DFJ-VTB Aurora. The team will manage a family of funds, which are...
EUROPE - HgCapital strengthens renewable energies team
HgCapital has announced the appointment of Jean Pararnaud and Jens Thomassen as associate directors and the internal promotions of Emma Tinker and Rob deLazlo.
EUROPE - H.I.G Capital opens new European offices
H.I.G Capital, a global private equity firm specialising in investments in small to medium sized companies, has announced the opening of offices in France and Germany.
EUROPE - Deutsche unquote” Private Equity Congress & Awards – 11 October
unquote” is delighted to announce its second annual Deutsche unquote” Private Equity Congress & Awards on 11 October 2007, in Zurich. The Congress brings together industry experts to discuss how to stay ahead of the game in this dynamic region. Produced...
GLOBAL - Mubadala buys 7.5% Carlyle stake for $1.35bn
Mubadala Development Company has bought a 7.5% stake in The Carlyle Group for $1.35bn in cash. The deal represents a 10% liquidity discount to the $20bn firm valuation that was agreed by both parties. The minority investment includes no associated voting...
CEE - AIG Investments appoints new managing director of AIG Capital Partners
AIG Investments has appointed Serkan Elden as managing director of AIG Capital Partners and President and CEO of AIG Blue Voyage Advisors. Elden will be based in Istanbul to lead AIG Capital Partners’ investment activities in Turkey and its surrounding...
RUSSIA - Mint Capital invests in human resources management company
Mint Capital has made a direct equity investment in UCMS Group EMEA Ltd. The investment value was several million dollars and the investors acquired a less than 25% minority stake. Company management and founders hold the remaining stake. Ulf Persson,...
RUSSIA - Mint Capital invests in Russian chocolate sweets brand Fruzhe
Mint Capital has signed a $9m direct equity investment agreement with Naturalnye Produkty (Natural Products), the Russian manufacturer of chocolate sweets under the Fruzhe brand. The investment will be used to improve the company's marketing, sales and...
LATVIA - Blackstone leads $575m management buyout of Lattelecom
The Blackstone Group has invested $178m (Lt 90m), as part of a $575m management buyout and privatisation of Latvian telecom company Lattelecom. The sellers are the Latvian government (51%) and TeliaSonera (49%), the Swedish telecom operator. At the completion...
EUROPE - SLIPE to manage CalPERS' EUR 400m mandate
Standard Life Investments (Private Equity) Ltd (SLIPE) has been selected to manage a EUR 400m mandate focused exclusively on European private equity.
CEE - Mid Europa completes Aster recapitalisation
Mid Europa Partners has completed the recapitalisation of its portfolio company Aster, a Polish cable broadband operator. In the financing Aster raised EUR 415m through a combination of senior, mezzanine and pay-in-kind facilities from both new and existing...
GLOBAL – Pantheon makes NY hire
Pantheon, a global fund-of-funds and secondaries player, as appointed Rudy Scarpa to its secondaries team as partner.
RUSSIA - TPG to acquire Russian grocery stores chain Seventh Continent
It is widely reported that US buyout firm Texas Pacific Group has agreed to acquire a controlling stake in Russian grocery stores chain Seventh Continent.
EUROPE - Stoxx launches private equity index
Stock exchange monitor Stoxx today launched a new index which tracks the performance of Europe's 20 largest listed private equity firms.