CEE
Impax closes NEF II at €330m
Impax Asset Management has held a final close of its Impax New Energy Investors II fund at тЌ330m.
LPs welcome Dodd-Frank but GPs worried
It may be more cumbersome regulation which will see scores of PE firms tightening their compliance regimes over the coming weeks, but a raft of LPs are embracing the introduction of the Dodd-Frank Act. Susannah Birkwood reports
Save the date: unquote" 20th anniversary summit
Invaluable market insight and A-list networking: the unquoteт team looks forward to welcoming you at its 20th anniversary summit on September 22.
bmp invests in Instream Media
Venture capital investor bmp has acquired a 25.4% stake in video and network marketing company Instream Media.
Altamar V holds first close on €120m
Altamar Private Equity has held a first close of its fifth fund-of-funds, Altamar V Private Equity Program, on тЌ120m.
Q&A: The state of fundraising
Greg Gille talks to Antoine DrУЉan, founder, chairman & CEO of independent private equity placement agent Triago, about the current market.
PE law firms look east for expansion
Large numbers of law firms are beefing up their private equity teams both in Europe and Asia, with fund formation specialists and Mandarin speakers in particular demand. Susannah Birkwood reports
Joseph Mukungu joins Neuberger Berman
Neuberger Berman has appointed Joseph Mukungu as senior vice president, head of client services for Europe and the Middle East.
Resource-backed Interchem acquires Polbita
CEE-focused Resource Partners' portfolio company Interchem has acquired Polbita, a Polish subsidiary of IWP International, from Strategic Value Partners (SVP).
PE firms creating bidding wars over contingent forwards
Deal-contingent trades, which allow PE houses to hedge their FX risk, have seen a strong revival recently, creating stiff competition among banks.
PPF Group increases Eldorado stake
Czech private equity group PPF has acquired the remaining shares in Russian retail chain Eldorado.
Interview: Javier Echarri
Having spent 10 years at the helm of the European Venture Capital Association (EVCA), Javier Echarri is roundly considered one of the world's most influential people in private equity. He talks to Susannah Birkwood about the AIFMD, national trade bodies...
NBGI and Ethemba back Birgi Mefar
NBGI Private Equity and Ethemba Capital have acquired a controlling stake in Turkish pharmaceutical company Birgi Mefar for an undisclosed amount.
Bmp exits Pomocni
bmp has sold its 17.24% stake in online childcare platform Pomocni to Edipresse Polska.
Industry fears confirmed as BGF outbids NVM
The Business Growth Fundтs outbidding of private investor NVM appears to justify market concern that the vehicle constitutes unfair competition to smaller PE houses.
Waterland's fifth fund raises €1.1bn
Waterland Private Equity Investments has held final close of its fifth fund, Waterland Private Equity Fund V, at тЌ1.1bn.
Niklas Eklund joins Wellington Partners
Wellington Partners has appointed serial entrepreneur Niklas Eklund as a venture partner.
Secondary players dominate Italy's foreign LP base
Italian GPs ought to be doing more to attract foreign investors at the fundraising stage, as many of the country's overseas-based LPs are secondary players. Susannah Birkwood finds out whether this and other local trends are about to change.
Riverside adds two new execs
Global private equity firm The Riverside Company has appointed two new executives, Juan Rufilanchas and Jaime Escribano, to its Madrid office.
2011: The year of the mega buyout
While the increase in volume of European buyouts has been modest in 2011, the surge in value has been impressive. Viktor Lundvall investigates
Operating partners: For pros or for show?
Fans of operating partners deem them performance enhancers; detractors say theyтre merely propaganda to entice LPs. Susannah Birkwood reports
GIMV, CapMan back Russia's Expert Photo
GIMV and CapMan have backed Russian photo business Expert Photo with an injection of growth capital.
FATCA - An uneven playing field
Despite being an American law which doesnтt come into force until 2013, the Foreign Account Tax Compliance Act must be dealt with immediately by all international GPs which have US portfolio companies. Susannah Birkwood reports
UK returns: Think small
The UKтs small buyout sector will continue its decoupling from the larger market, and should provide better returns than large-cap players in the coming years.