France
Fundraising evolves for a difficult climate
While public financial markets remain punch drunk from the latest series of downgrades, debt crises and bailouts, private equity has, by necessity, been slowly emerging from one of its most difficult periods.
Alvarez & Marsal strengthens French team
Advisory firm Alvarez & Marsal (A&M) has hired Jean-Christophe Juilliard as managing director in its Paris office.
Apax France bolsters healthcare team
Apax France has appointed Yvan Longuet as a senior associate in its healthcare team.
LP co-investment: Finding the balance
Over-allocation to any asset class can be risky business, and LP co-investment is no exception. Susannah Birkwood reports
Would the real patient capital please stand up?
Nearly two decades of PE ownership has taught the management of V.Ships that not all financial backers are created equal. Kimberly Romaine speaks to CEO Clive Richardson about the pros – and cons – of private equity ownership.
EdRCP sells Groupe Lavance
Edmond de Rothschild Capital Partners (EdRCP) has sold French automotive cleaning equipment business Groupe Lavance to industrial holding Sofival.
Banexi Ventures Partners holds first closing
Banexi Ventures Partners has held a first close of its BV5 fund at €50m.
Leverage drives up prices, not returns
PE pays more for assets than trade, with the debt lining vendors’ coffers rather than enhancing buyers’ returns, according to a recent study. Kimberly Romaine reports.
Private equity – A man’s world?
The French venture capital association has just established a body to address gender inequality in private equity. But why do so few women still work in the industry? Susannah Birkwood finds out
Impax invests €20m in wind farm project
Impax and portfolio company Epuron have acquired French wind Parc Eolien de la Chaude Vallee for €20m.
Weinberg buys Climater off Industries & Finances
Weinberg Capital Parners (WCP) had acquired a majority stake in French climate engineering group Climater from Industries & Finances (I&F).
Eurazeo backs 3S Photonics MBO
Eurazeo has acquired a majority stake in French opto-electronic components manufacturer 3S Photonics.
LPs: Crisis overstated – mid-market offers best prospects
LPs hold out high hopes for Europe’s mid-market. However GPs must strategize carefully. Kimberly Romaine reports from Budapest.
Venture’s global outlook drives success
Europe may gradually and finally be shedding its image as the ugly duckling of alternative assets investment opportunities. Kimberly Romaine reports from Budapest.
Europe et Croissance invests in Cellutec
Europe et Croissance has backed French foam manufacturer Cellutec.
CIC LBO Partners leads Lefebvre Software MBO
CIC LBO Partners has backed the management buyout of French software business Lefebvre Software, alongside Women Equity Partners.
Edmond de Rothschild offloads PE unit in MBO
La Compagnie Financière Edmond de Rothschild (LCFR) has sold its majority stake in the bank's funds-of-funds unit, Edmond de Rothschild Private Equity Select (Select), to Select's management.
Perceva Capital acquires 70% of Mariteam
Perceva Capital has acquired a 70% stake in French seafood specialist Mariteam.
To have and to hold
Private equity prides itself on patience. But three-to-five year holds aren’t always enough to maximise value from companies. Kimberly Romaine reports.
Equistone leads Unither MBO
Equistone Partners (formerly Barclays Private Equity) has backed the secondary MBO of French pharmaceutical company Unither from ING Parcom, CM-CIC Investissement and Picardie Investissement.
PE a ‘force for good’ but must focus on social issues
Four years on, European private equity’s largest catch is still happy with its owners. unquote” reports from the BVCA Summit in London.
France unquote" October 2011
Insurance group AXA has confirmed that it is currently reviewing options for the sale of its private equity unit, AXA Private Equity (AXA PE).
DACH Congress: Fundraising targets €7bn
Despite a sombre economic backdrop, DACH private equity deal doers are remarkably upbeat, with two thirds of today´s unquote" Congress in Munich convinced that LP appetite for the region is actually rising.
DACH Congress: GPs upbeat despite economic challenges
In the current economic climate private equity funds in Germany can still look forward to good dealflow despite concerns over banking and regulation. Diana Petrowicz reports from unquote’s DACH Congress in Munich.