DACH
EUROPE - American Capital to acquire European Capital for USD 158m
European Capital has entered into an implementation agreement with majority owner American Capital that will see the latter acquire the 32.3% of shares it does not currently own for a total consideration of around USD 158m.
EUROPE - LSP reaches first closing of LSP IV at EUR 75m
Life Science Partners has reached the first closing of their fourth fund, LSP IV, on EUR 75m - half way through its EUR 150m target.
EUROPE - KKR appoints head of infrastructure fund
It is understood that KKR has appointed JУЉsus Olmos, currently director of corporate development at energy company Endesa, as the new head of its European infrastructure, energy and transport fund.
GERMANY – Heliad strengthens Frankfurt team
Listed private equity firm Heliad has appointed Thomas Kunder has been appointed as the new CFO, replacing Alexander Mitsch, who left the company last month.
SWITZERLAND - Creathor Venture supports Diva
Creathor Venture has invested in Diva AG, the developer of a B2B publishing hub for digital media assets.
GERMANY – HTGF invests in make.tv
High-Tech Gründerfonds (HTGF) has invested an undisclosed sum into web television company make.tv GmbH.
GERMANY - HgCapital promotes von Simson
HgCapital has promoted Justin von Simson to partner.
GERMANY - IBB et al. invest in TRIBAX
IBB Beteiligungsgesellschaft mbH, Phoenix Foundation GmbH and private investor Axel Steinwarz have invested an undisclosed sum into online community software company TRIBAX GmbH.
GLOBAL - KKR delays listing
Kohlberg Kravis Roberts & Co (KKR) has delayed its plans to go public for a second time this year, blaming the current market conditions.
EUROPE - Reitberger joins Wellington's cleantech team
Christian Reitberger, a former partner at Apax Partners, has joined pan-European venture capital firm Wellington Partners as venture partner.
EUROPE - Carlyle raises EUR 530m for European technology
The Carlyle Group has closed its second European technology fund, Carlyle Europe Technology Partners II (CETP II), on EUR 530m, exceeding its initial target of EUR 500m.
Closed for Christmas
Shock news stories about the global economy have subsided. Global stock markets are down - the DAX has now fallen below 4,200 points - and the economic freeze is reaching beyond the automotive industry, which was the first to call for protective measures...
Munich: a place for winners
The Deutsche unquote" Private Equity Awards were held on 30 October at Hotel Bayerischer Hof in Munich, to celebrate achievement and innovation in the 12 months to 30 June 2008
The renewable question
While investment into renewable energy is slowing down in North America, European activity levels have remained strong. However, the coming months will test the true resilience of the sector
Navigating through the fog
To corporate financiers, their business is a beast with two heads: while there is very strong activity in the corporate sector, business from private equity clients has withered away. Mareen Goebel reports