DACH
Kabel Deutschland – will it perform?
Today saw the eagerly-anticipated debut of Kabel Deutschland’s shares on the Frankfurt Stock Exchange. Although the listing is currently trading at par, the question remains if the IPO will live up to expectations. Mareen Goebel reports
Mountain out of a Molehill
The over-used phrase “cautiously optimistic” sums up expectations for 2010. While some firms celebrated successes in 2009, many more had their heads down with crisis management, refinancing their existing portfolio companies and constantly readjusting...
Quo Vadis, Austria?
Talking to industry professionals in Austria, there is a palpable sense of frustration about the continued lack of private equity regulation to provide a sensible framework for Austrian private equity funds.
Deutsche unquote" March 2010
The March issue of Deutsche unquote" is now available to download.
Providence's Kabel Deutschland completes €5bn listing
Providence Equity Partners-backed Kabel Deutschland completed its IPO on the Frankfurt stock exchange today, raising €759m in the biggest IPO in Germany since November 2007.
KRS appoints Arcano to manage European PE investments
US limited partner The Kentucky Retirement System (KRS) has mandated Spanish asset management firm Arcano Capital with its European and Latin American private equity investments.
Carlyle and EDF launch green analysis tool
The Carlyle Group and Environmental Defence Fund (EDF) has launched EcoValuScreen, a green analysis tool to be used in the due diligence processes before making an investment.
Ventizz Capital acquires 44% stake in conlinet
Ventizz Capital Partners has acquired 44.2% of glass-fibre infrastructure provider conlinet.
Atomico closes second fund on $165m
Early-stage technology investor Atomico has closed its second fund, Atomico Ventures II, on $165m.
Novitas hires Vareika; opens Luxembourg office
Corporate finance advisory firm Novitas Partners has hired Michale Vareika to head up its new Luxembourg office.
Taking stock of asset-based lending
ABFA's latest stats show a decrease in asset-based lending last year. But there are promising signs that the demand for this product could rise in 2010. Deborah Sterescu reports.
French PE subsidiaries change hands
Consolidation in the French private equity market continues at pace: Natixis is closing in on a deal with Axa Private Equity over the sale of a part of its private equity division, while the IDI Group has acquired AGF Private Equity from Allianz France....
CalSTRS appoints director of private equity
CalSTRS, the California State Teachers' Retirement System, has named Margot Wirth as director of its $16.8bn private equity portfolio.
Forbion opens Munich office; appoints partner
Dutch venture firm Forbion Capital Partners has opened a new office in Munich and appointed Dr Holger Reithinger as partner.
Hawkpoint recruits directors to lead expansion into Germany
Corporate advisory Hawkpoint has appointed Richard Markus and Warren Scott as managing directors and co-heads of its German operations, from 1st June 2010.
BC Partners-backed Brenntag solidifies IPO plans
BC Partners-backed chemicals distributor Brenntag has released further details on its planned IPO on the Frankfurt stock exchange.
EVCA survey points to AIFM danger
While many had been nervously anticipating the decision on the AIFM directive today, it seems that everyone will have to wait a little longer, as the topic was taken off the agenda at the EU finance ministers' meeting, in what is seemingly a positive...
Siemens aborts plans to sell hearing aids unit
According to reports, the sale of Siemens Audiologische Technik, the hearing aids business of Siemens AG has now definitely been cancelled.
Adveq hires Hricko and de Vaivre
Global fund-of-funds Adveq has appointed Tomas Hricko as head of its new product management and development team, and Alexandre de Vaivre as executive director and head of Adveq's European client relations.
Online retail added to basket
The retail sector has seen increasing dealflow of late with the online sub-sector remaining largely unaffected by economic woes. Mareen Goebel investigates
MIG Fonds et al. in €13m Antisense round
MIG Fonds and Global Asset Management have invested a further €13m in biotechnology company Antisense Pharma GmbH, with management and private investors also taking part in the financing.
Alpha Group's Tom Tailor to cut debt in €140m IPO
Alpha Group's portfolio company Tom Tailor is reportedly preparing for a €140m IPO on the Frankfurt stock exchange at the end of the month, which will see the retailer cut its debt by more than €100m.
VNT invests €2m in dilitronics
Finish VC VNT Management Oy has invested around €2m in LED driver company dilitronics GmbH.
BC Partners' Brenntag prepares IPO
BC Partners-backed chemicals distributor Brenntag is set to list on the Frankfurt Stock Exchange before summer.