DACH
EUROPE - IK appoints Ryum Larsen to executive committee
IK Investment Partners has appointed investor relations head Mads Ryum Larsen to its executive committee.
Trouble ahead
Industry LPs reveal their sombre side, predicting that a quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls. By Ashley Wassall
LP/GP relations - No more Mr Nice Guy?
There is a general feeling that all is not well in LP land, with fees increasingly becoming an area of concern and a swathe of defaults thought to be around the corner. AVCJ chairman emeritus Dan Schwartz discusses the issues facing institutional investors...
Jockeying for position
A private equity landscape in subsidence, a barren fundraising market and stateside-kickback scandals: placement agents are having to change their modus operandi. By Ashley Wassall
Caution ... is key
Director of private equity at SVG Advisers, Sam Robinson, speaks on LPs' decreased appetite for risk and the need to make vehicles more efficient in this economic climate. By Sam Robinson, SVG Advisers.
GERMANY - BPE’s Neumayer completes EUR 42m restructuring
Barclays Private Equity (BPE) portfolio company Neumayer Tekfor Group, a global automotive supplier, has undergone a financial restructuring that will see EUR 42m of new capital invested into the business.
GERMANY - Oaktree circles Bain's Bavaria
According to press reports, Oaktree is circling yacht builder Bavaria Yactbau, a portfolio company of Bain Capital.
EUROPE - NB Private Equity lists on SFM
Euronext-listed NB Private Equity Partners (formerly Lehman Brothers Private Equity) has announced the admission of its class A ordinary shares to the Specialist Fund Market (SFM) of the London Stock Exchange, effective this morning.
GERMANY - T-Venture shuffles managment
Corporate venture firm T-Venture has appointed Stephan Noll as head of the T-Mobile Venture Fund, replacing Axel Kolb, who will leave the business as of June 30 2009.
GERMANY - Steadfast Capital acquires Falk & Ross Group
Steadfast Capital has, alongside management, acquired a majority stake in clothing distributor Falk & Ross Group Europe GmbH for an undisclosed purchase price.
EUROPE - EVCA task force calls for EUR 1bn threshold
Two months on from the launch of the European Commission's proposed Alternative Investment Fund Manangers (AIFM) Directive, the EVCA Brussels Task Force has published its formal response, which calls for an increased in the minimum qualifying threshold...
GLOBAL - KKR to merge with KPE
Private equity giant KKR has announced that it will go through with a planned merger with its Amsterdam-listed fund KKR Private Equity (KPE), though a subsequent floatation on NYSE is still likely to be some way off.
GERMANY - PE interested in Almatis
Reports suggest that Blackstone and Advent International are among several buyout houses interested in bidding for Dubai International Capital's (DIC) German aluminium business Almatis, which entered debt restructuring talks earlier this month.
GLOBAL- Madison's Mosher to retire
According to reports, Madison Dearborn Capital Partners co-founder David Mosher is to retire after 17 years at the firm.
Due diligence: Levelling the playing field
In a market dominated by distressed sales and complex restructuring operations, the role of intermediaries has taken on renewed significance, writes Ashley Wassall
In rude health
The is currently something of a buzz around the healthcare sector, but there may not be opportunities for all. By Ashley Wassall