DACH
LPs make their move at ILPA meeting
The private equity world used to be run by GPs. There is now abundant evidence that this is no longer the case, as LPs are beginning to dictate terms. A meeting between buyout chiefs and their investors in New York today could lead to further change....
BPE’s Hornschuch acquires O’Sullivan Films
Barclays Private Equity (BPE) portfolio company Hornschuch has acquired US-based O’Sullivan Films Inc.
CFP opens office in Hamburg
Corporate Finance Partners is set to open an office in Hamburg on the 1 April 2010. The new office will be led by managing partner Julian Riedlbauer.
Earlybird et al. invest in madvertise
Earlybird and Team Europe Ventures have invested a single-digit million amount in madvertise Mobile Advertising GmbH, as part of a series A round of funding.
HTGF invests in GrandCentrix
High-Tech Gründerfonds (HTGF) has invested in smartphone analytics technology company GrandCentrix GmbH.
Lone Star looks for IKB buyer
Reports suggest that US investor Lone Star is seeking a buyer for struggling German bank IKB Industriebank AG.
Gimv in series-B round for JenaValve
Gimv has participated in a €19m series-B financing round of German company JenaValve, alongside Atlas Venture, Edmond de Rothschild Investment Partners, Neomed Management, VI Partners and Sunstone Capital.
BC Partner raises €748m in Brenntag IPO
BC Partner has listed chemicals distributor Brenntag on the Frankfurt Stock Exchange, raising €747.5m.
Platina closes renewable energy fund on €209m
Renewable energy and turnaround investor Platina Partners LLP has reached the closing of its European Renewable Energy Fund (EREF) with total commitments of €209m.
Capvis’ Orior to list on Swiss exchange
Capvis portfolio company Orior AG is considering a listing on the Swiss stock exchange, and is expected to raise CHF 80m from the IPO.
HTGF & RapidTainment invest in UP Web Game
High-Tech Gründerfonds and RapidTainment have co-led a seven figure seed round in online game company UP Web Game GmbH.
KKR's BMG acquires Cherry Lane Music Publishing
KKR's portfolio company BMG Rights Management has agreed to acquire US-based Cherry Lane Music Publishing.
Private equity philanthropy: taking responsibility
With more people (and particularly investors) becoming socially and environmentally conscious, private equity firms are keener than ever to demonstrate their commitment to a responsible investment ethos. Mareen Goebel investigates.
bmp wins mandate for €20m early-stage fund
bmp has won the mandate to manage a €20m early-stage fund in Brandenburg following a Europe-wide tender.
Private equity embraces environmental due diligence
With the launch of Carlyle and EDF’s analysis tool for environmental due diligence, Francinia Protti-Alvarez finds that putting green issues on the agenda makes financial sense.
Apax Foundation takes stake in Finance in Motion
Die Apax Foundation, the foundation of Apax Partners, has taken a 20% stake in asset manager Finance in Motion, based in Frankfurt/Main .
High Tech Beteiligungen sells Mika Pharma to Giuliani
High Tech Beteiligungen GmbH has sold its entire equity interest in Mika Pharma GmbH to Milan-based pharmaceutical company Giuliani SpA for an undisclosed amount.
3i closes growth fund on €1.2bn; open to new investments
Further strengthening its position in the markets, 3i has just announced the final close of its Growth Capital Fund on €1.2bn, and has made it clear that the firm will continue to look for new investment opportunities.
Debt markets go full circle
With senior leverage loans on the secondary debt market trading at around par, investors are returning to the primary market. Emanuel Eftimiu reports
DBAG elects two to supervisory board
Deutsche Beteiligungs AG (DBAG) has elected Philipp Möller and Gerhard Roggemann to its supervisory board.
Lexington Partners holds interim closing on $3bn
Secondaries specialist Lexington Partners has held an interim closing of its seventh fund, Lexington Capital Partners VII, on just over $3.1bn.
HTGF invests €500,000 in Humedics
High-Tech Gründerfonds has invested €500,000 in Humedics, a spin-off from Freie Universität Berlin and the Charité University Hospital.
Montagu cancels BSN Medical IPO
Reports suggest that Montagu Private Equity has cancelled its plans to list medical supplies company BSN Medical due to continuing difficulties with capital markets.
Gamma sells 123people to PageJaunes
Austrian VC Gamma Capital Partners (GCP) has sold internet search platform 123people to French trade buyer PagesJaunes Group.