France
US/EUROPE - US Fidelty Ventures team forms Volition Capital
The US operations of Fidelity Ventures has spun out into Volition Capital, an independent growth equity firm that invests in founder-owned technology companies.
FRANCE - BC Partners-backed Médica prepares IPO
It is understood that BC Partners is readying to list its Paris-based care homes group Médica, with bookbuilding set to commence on 25 January with BNP Paribas, Credit Suisse and Royal Bank of Scotland as bookrunners.
FRANCE - Natixis and Emerging back USD 22.6m EyeGate investment
Natixis Private Equity and Emerging Capital, alongside return backers Ventech, Innoven Partners and Medicis Capital, have invested close to USD 23m in a series-D financing round for pharmaceutical company EyeGate Pharma.
2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
EUROPE - 2010: Leverage renaissance
"Good deals this year shouldn't fall through because of lack of financing as there is enough debt around to service the expected volume of transactions," says Lloyds' Ian Sale, who is optimistic about the prospects for leveraged buyouts in 2010.
82% of GPs convinced dealflow improving
The vast majority of GPs in Europe feel dealflow will improve in 2010, with slightly more than half also more upbeat on the quality of those deals
EUROPE - Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
Helvetia Wealth AG appoints new board member
Asset manager Helvetia Wealth AG has appointed Professor Gerhard Arminger as a member of its board.
GLOBAL - First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
GLOBAL- MVision boosts real estate team with two new hires
Placement agent MVision has appointed Mitchell B Sikora as managing director and Scott P Arden as director to the firm.
GLOBAL - General Atlantic appoints former Visa president as adviser
Global private equity firm General Atlantic has appointed former Visa president Hans Morris as special adviser.
FRANCE - AXA acquires minority stake in Cegos
AXA Private Equity has acquired a 15% stake in vocational training services business Cegos Group.
FRANCE – Butler in exclusive talks to sell France Champignon to Bonduelle
Paris-based private equity firm Butler Capital Partners is currently holding exclusive talks with food manufacturer Bonduelle over the sale of its portfolio company France Champignon.
First Reserve Corp promotes Deulina to director
Energy-focused investor First Reserve Corporation has promoted Anastasia Deulina to director.
FRANCE – AXA PE backs merger of Charlois and Saury
AXA Private Equity has backed the merger of two French barrel businesses, Charlois Group and Saury Group. The deal will allow both businesses to retain their identities, while enabling them to extend their international environmental certifications across...
GLOBAL - CD&R holds $5bn final close of eighth fund
US-based private equity firm Clayton, Dubilier & Rice (CD&R) has held a final close on its latest fund, Clayton Dubilier & Rice Fund VIII, on approximately $5bn, $1bn more than its predecessor vehicle which closed in 2006.
EUROPE - Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Parish Capital holds $73m first close of European fund-of-funds
Parish Capital has held a first close of $73m for Parish Europe II, a Europe-focused fund-of-funds vehicle with a EUR250 million target.
Balance of power
Investors are putting a significant amount of pressure on buyout houses, pushing for better terms and in some cases scaling back commitments
A mixed Christmas
2009 has ended as a bit of a mixed bag for French private equity. On the one hand, this month has seen a couple of restructurings, with Duke Street Capital having its share in Navimo reduced to 30% after BNP Paribas took control, and both CVC and the...
Global trends, what comes next?
Presentation by Carsten Valgreen, partner at Benderly Economics
GLOBAL - Partners Group restructures management
Partners Group has promoted head of finance Roland KУЄslin and Guernsey head Denis O'Malley from senior vice presidents to managing directors, as part of a wider organisational restructuring of the firm.
FRANCE - Demeter 2 closes EUR 203m fund
Demeter Partners has closed its second fund, Demeter 2, on EUR 203m, just above its EUR 200m target.
EUROPE - HarbourVest promotes Soquar to vice president
HarbourVest Partners has promoted Abraham Soquar to vice president in the firm's London office.