DACH
Bertelsmann Digital Media Investments and Venture Incubator fund deal united
Bertelsmann Digital Media Investments and Venture Incubator have invested in e-commerce platform deal united GmbH, in a deal thought to be worth around €5m.
Morgan Stanley’s secondaries fund exceeds $500m target
Morgan Stanley's Global Secondary Opportunities Fund, has raised $585m, exceeding its $500m initial target.
AIFM Directive: The end is nigh
European finance ministers approved the Alternative Investment Fund Managers’ (AIFM) Directive yesterday, more than a year after the controversial regulations were first proposed. Despite this long process, many of the private equity industry’s objections...
Milbank hires Rinne for new antitrust practice in Germany
Law firm Milbank, Tweed, Hadley & McCloy has appointed antitrust lawyer Dr Alexander Rinne as partner in its Munich office.
Palamon Capital Partners sells Movie Park Germany
Palamon Capital Partners has sold Movie Park Germany GmbH to Parques Reunidos, an entertainment operator based in Madrid, for an undisclosed amount.
Deutsche promotes Bagshaw to head of PE unit
Adam Bagshaw has reportedly been promoted to head of Deutsche Bank's private equity unit, replacing Rob Firth, who left the bank last month to join Bank of America Merrill Lynch.
Fidelity Growth Partners invests in InnoGames
Fidelity Growth Partners Europe has invested in German videogames developer, InnoGames.
Call centre investments: Supporting the recovery
During the downturn, private equity firms invested defensively, particularly in the outsourced services sector. Now the economy is recovering, investors are looking to benefit from what is widely seen as a consolidating market. Mareen Goebel gives an...
Deutsche unquote" May 2010
Germany’s hesitance to deal with the Greek debt crisis does not bode well for European economic confidence. The country was already late to respond to the credit crunch, it should not make he same mistakes again, as it could have the most to lose is...
German investment ordinance review - effects on private equity
German insurance companies constitute a significant class of German institutional investors in alternative investments, including private equity. After a period of stagnancy, the German Investment Ordinance on the Investment of Restricted Assets of Insurance...
Consortium backs O-Flexx Technologies with €6.7m
SET Venture Partners, Atmos SpA, BankInvest, Emerald Technology Ventures, Partech International, SAM GmbH, and Schneider Electric Ventures SAS have invested €6.7m in cleantech company O-Flexx Technologues GmbH.
Fortis sells fund administration arm to Credit Suisse
Fortis Bank Nederland (FBN) has agreed to the sale of its fund administration unit, Prime Fund Solutions(PFS), to Credit Suisse.
PINOVA Capital takes a participation in Hemoteq AG
PINOVA Capital has invested in medical technology company Hemoteq AG in Würselen.
Oaktree in Almatis debt-for-equity swap
Oaktree Capital Management, which holds around 46% of alumina maker Almatis' senior debt, is set to take control of the company in a debt-for-equity swap.
3i appoints Sir Adrian Montague as chairman
The board of 3i Group plc has appointed Sir Adrian Montague CBE as chairman, effective following 3i’s AGM in July 2010.
Acton closes internet growth-equity fund at €150m
Acton Capital Partners has announced the final closure of its Heureka Growth Fund.
BayBG invests in Insider Group AG
BayBG has invested in Insider Group AG, which runs an online accommodation booking portal, acquiring a minority stake.
Steadfast appoints Bernecker partner
German mid-market investor Steadfast Capital has appointed Marco Bernecker as partner with effect from 1 April.
GP communications missing a trick
Many of Europe’s most prolific later stage investors have some way to go before they can consider themselves truly transparent, as Emanuel Eftimiu finds out.
High-Tech Gründerfonds leads investment in Propertybase
High-Tech Gründerfonds has led an investment in software developer Propertybase GmbH, alongside Bayern Kapital and Neuhaus Partners.
Herkules buys Norwegian sportswear maker ODLO
Herkules Private Equity has signed an agreement to buy Norwegian sportswear manufacturer, ODLO Sports Group.
Healthcare buyouts: a tonic for the market
Defensive sector or not, buyout activity in the healthcare area was as depressed as elsewhere during 2009. But things are looking up and a spate of deal completions and possible exits in the first few months of 2010 are providing a welcome tonic for a...
Primary Capital promotes Alec Parkinson to assistant director
Primary Capital has promoted Alec Parkinson to the position of assistant director, and has also expanded the team with the hire of Oliver Melliss, as associate.
Partners Group Global Value 2008 closes on €537m
Partners Group has closed Partners Group Global Value 2008 on €537m, exceeding the target of €500m.