France
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised тЌ259m of commitments.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on тЌ420m.
AXA PE acquires 11% of Arismore
AXA Private Equity has taken an 11% stake in French IT services company Arismore for an undisclosed amount.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Just like old times?
The latest unquoteт Private Equity Barometer had some startling figures in stock. A whopping тЌ21.4bn worth of buyouts were recorded in the third quarter this year т almost double the тЌ11.3bn seen in Q2 and by far the highest figure since the тЌ21.6bn...
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route....
France unquote" November/December 2010
In the latest issue of France unquote" read how legislation is threatening the French venture market.
Ares Life Sciences to take Stallergenes private
Ares Life Sciences has agreed to buy 45.6% of listed French biopharma Stallergenes from Wendel, and plans to file a mandatory takeover offer for all the remaining shares.
Fundraising: The importance of the placement agent
In such tough fundraising conditions, the role of the placement agent has become increasingly important. Emanuel Eftimiu talks to HarbourVestтs George Anson and Mounir Guen of MVision about the current fundraising market and what LPs expect in this new...
Fun-raising: PE runners seek €2.5m
GPs including 3i, Apax, Arcus, Bridgepoint, Capvis, Coller, Meridiam and Platina have joined forces to raise тЌ2.5m. LPs Adams Street, Capital Dynamics, Partners Group, Pantheon and Pomona are also taking part, with Campbell Lutyens, Ernst & Young, PEI...
AIFM: The end of a long road
With todayтs news that European Parliament negotiators have agreed on the final text of the Alternative Investment Fund Managerтs Directive (AIFM), the private equity industry can look forward to greater certainty about the regulatory environment going...
Bain considering FCI IPO
Bain Capital is considering an IPO for its French portfolio company FCI, according to reports.
Legislators agree on final text for AIFM
European legislators have finally agreed on the Alternative Investment Fund Managerтs Directive (AIFM).
XAnge and Promelys invest €2.95m in Sport Universal Process
XAnge and Promelys Participations have invested €2.95m in French technology company Sport Universal Process.
Mega deals drive Q3 market value to €24bn
The value of the European private equity market soared to almost тЌ24bn in the third quarter, according to the unquoteт Private Equity Barometer.
Q3 2010 unquote" Private Equity Barometer
The unquoteт Private Equity Barometer, produced in association with Candover Partners, provides in-depth statistics and analysis of the latest trends in European Private Equity.
Audacia invests in Storvision
Audacia has provided French CCTV solutions manufacturer Storvision with €2m of growth capital funding.
Truffle Capital invests €7.5m in three energy companies
Truffle Capital has invested a total of €7.5m in three French energy companies – Neelogy, Acerde and Actility.
Sofinnova's STENTYS IPO raises €22.7m
Sofinnova Partners' portfolio company STENTYS has raised up to €22.7m through an IPO.
Widening gulf between the haves and the have-nots
Todayтs press coverage of David Rubensteinтs predictions on the future of the global private equity market serves again to highlight the increasing polarisation within the industry. Julian Longhurst reports.
Naxicap invests €1m in Xynergy
Naxicap has invested €1m in newly-created French healthfood company Xynergy.
IK Investment Partners acquires Snacks International
IK Investment Partners has taken a majority stake in French food company Snacks International, for an undisclosed amount.
LFPI et al. acquire Aurénis
LFPI, Edmond de Rothschild Investment Partners (EdRIP) and Barclays Private Equity (BPE) have backed the management buyout of French publisher Aurénis.