France
FRANCE - FSI leads EUR 17m Dailymotion investment
FSI (Fonds stratégique d'investissement) has led a EUR 17m round of funding for internet video business Dailymotion, alongside returning investors Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International.
FRANCE - Siparex promotes two
Siparex Group has today announced two internal promotions: Nicolas Eschermann to the management board and Pierre Bordeaux Montrieux as managing director.
EUROPE - PE up 107% in Q3
In the midst of renewed optimism over recovery prospects in the wider economy, private equity investment activity has continued to reverse the slump that had set in at the end of last year, recording a whopping 107% increase to EUR 9.6bn (257 deals) in...
GLOBAL - Blackstone investors look to raise commitments
Reports suggest that investors in Blackstone's sixth fund, Blackstone Capital Partners VI, are looking to increase the size of their original commitments to the vehicle, which launched in January 2008.
FRANCE - Naxicap et al. invest EUR 4m into EcoEnergy
Naxicap Partners, Agregator Capital and Vatel Capital have provided Eco Energy, a turnkey solar company, with EUR 4m in funding.
FRANCE - CDC and CapDecisif provide Caiman with EUR 2.5m
CDC Entreprises and CapDecisif have participated in an investment round for media support company Groupe Caiman, raising EUR 2.5m.
EUROPE - EVCA calls for new RCAP for 2020
The EVCA has today called for an updated Risk Capital Action Plan (RCAP) for 2020, an agreement originally launched in 1998, in an effort to offset the potentially disastrous consequences of the European Commission's AIFM directive on the finance industry....
FRANCE - Nestadio backs MBO of Buffard Logistique
Nestadio Capital, part of the Fonds d'Investissment de Bretage, has taken a 28% stake in transportation company Buffard Logistique to support the MBO by CEO Daniel Bénard and his son.
EUROPE - 3i partner McCallum leaves for KPMG
Advisory and accountancy company KPMG has hired 3i partner Blair McCallum to its firm.
FRANCE - Gimv and UFG PE pay EUR 31.6m for 46% stake in Easyvoyage
Gimv and UFG Private Equity have acquired a 46% stake in travel website Easyvoyage for EUR 31.6m of debt and equity. The deal also saw company management and initial shareholders invest, with founder Jean-Pierre Nadir retaining a 40% stakes.
FRANCE - Oséo supports Ariana with EUR 1m
Oséo has provided Ariana Pharma, a software company focused on drug discovery, with EUR 1m as part of the IMAkinib initiative, a program focused on developing biomarkers for oncology.
US/EUROPE - First Reserve Corp adopts UN's PRI
Energy-focused investor First Reserve Corporation has today announced that it has adopted the United Nations' Principles for Responsible Investment (PRI), becoming the first energy-related private equity firm to do so.
EUROPE - Two senior partners leave Apax
It's election year and two senior figures have announced their resignation: no, not the UK's embattled Labour government, but global buyout house Apax Partners.
GLOBAL- Lionel Pincus dies
Lionel Pincus, founder and former chairman of private equity giant Warburg Pincus, died Saturday in New York after a long illness.
EUROPE/US - GI Partners closes $2bn third fund
GI Partners has held a final close of its latest vehicle, GI Partners Fund III, on close to $2bn, representing more than a 35% increase from the size of its predecessor.
FRANCE – AGF PE and CM-CIC back Deezer with EUR 6.5m
AGF Private Equity and CM-CIC Capital Privé have joined existing investors, the DOTCORP funds, in a second round investment for online music streaming site, Deezer, contributing EUR 6.5m.
FRANCE - AGF PE et al. return for EUR 15m Dailymotion investment
According to reports, Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International have returned for a EUR 15m third round of funding in Dailymotion, alongside a new investor.
FRANCE - Crédit Agricole Private Equity strengthens team
Crédit Agricole Private Equity has recruited Marc-Philippe Botte to their renewable energy team as an investment manger.
FRANCE - UI Gestion purchase Péters Surgical
UI Gestion has purchased a majority stake in medical supplier Péters Surgical from Groupe Sofilab for an undisclosed sum.
FRANCE - XAnge provide KissKissBankBank with EUR 750k
XAnge Private Equity has provided KissKissBankBank, an internet platform, with EUR 750,000 in seed financing.
FRANCE - AXA PE could still bid for Areva T&D
According to reports, AXA Private Equity could still enter the race for Areva T&D, Areva's power distribution unit, despite having previously withdrawn interest after a member of its consortium pulled out.
FRANCE - 3i cedes position in Cair
3i has ceded its 34% stake in Groupe Cair to Creadev, an investment company owned by the Mulliez Family. The divestment was made through Creadev's acquisition of Groupe Cair's main subsidiary Homeperf, a home care company. Following 3i's exit, Groupe...
FRANCE - 21 Centrale sees Arjowiggins Security deal cancelled
Paper manufacturing group Sequana has broken off negotiations with French buyout house 21 Centrale Partners regarding the sale of Arjowiggins Security, a division of Sequana's fine-paper subsidiary Arjowiggins, and taken the company off the market.
GLOBAL- Stanford University puts $1bn of assets on the block
Palo Alto-based Stanford University, one of the largest endowments, has put as much as $1bn of its illiquid investments up for sale in an effort to raise cash for the cash-strapped institution.