France
EUROPE - EVCA placement code highlights need for transparency
In response to the ongoing reverberations relating to the New York kickback scandal the EVCA has published a draft code of conduct for placement agents, which highlights the need for greater transparency within the sector.
FRANCE - Crédit Agricole PE backs EUR 20m Neoen investment
Crédit Agricole Private Equity and energy investment company Louis Dreyfus have invested EUR 20m into renewable energy producer Neoen.
FRANCE - Initiatives & Finances acquires SLAT MBO
Initiatives & Finances has signed an agreement to purchase SLAT, a power supplies company, from 3M in an MBO deal.
FRANCE - Siparex opens Strasbourg office
Siparex has opened an office in Strasbourg, its sixth office in France.
EUROPE - IK appoints Ryum Larsen to executive committee
IK Investment Partners has appointed investor relations head Mads Ryum Larsen to its executive committee.
Trouble ahead
Industry LPs reveal their sombre side, predicting that a quarter of all private equity fund managers will go out of business and a tenth of investors could default on capital calls. By Ashley Wassall
LP/GP relations - No more Mr Nice Guy?
There is a general feeling that all is not well in LP land, with fees increasingly becoming an area of concern and a swathe of defaults thought to be around the corner. AVCJ chairman emeritus Dan Schwartz discusses the issues facing institutional investors...
Caution ... is key
Director of private equity at SVG Advisers, Sam Robinson, speaks on LPs' decreased appetite for risk and the need to make vehicles more efficient in this economic climate. By Sam Robinson, SVG Advisers.
Jockeying for position
A private equity landscape in subsidence, a barren fundraising market and stateside-kickback scandals: placement agents are having to change their modus operandi. By Ashley Wassall
Lorenzo Lorenzotti - ACG Private Equity
Francois Rowell speaks to Lorenzo Lorenzotti, managing director of ACG Private Equity, about LP/GP relationships and opportunities in the CEE region